iStock/Thinkstock(NEW YORK) — U.S. stocks closed lower Monday for the worst day on Wall Street so far this year.
The Dow sunk 122.65 (-0.61 percent) to finish at 19,971.13.
The Nasdaq gave up 47.07 (-0.83 percent) to close at 5,613.71, while the S&P 500 finished at 2,280.90, down 13.79 (-0.60 percent) from its open.
Crude oil prices were under $53 a barrel, down 1 percent.
President Trump: Business leaders over the weekend issued statements against President Trump’s executive order on immigration and refugees as chaos and confusion ensued at several major U.S. airports. Microsoft, Google and Facebook were among the companies to react. Apple CEO Tim Cook told employees in a memo that “Apple would not exist without immigration.”
Notable Stocks: After losing a contract with Mattress Firm, a key customer, Tempur Sealy International Inc. tumbled 28 percent.
Delta Air Lines shares suffered from a system outage that caused several flight cancellations. President Trump tweeted about the airline “…Big problems at airports were caused by Delta computer outage,” in a tweet talking about those detained under the travel ban. The airline’s stock sunk 4 percent.
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