NEW YORK (Reuters) - Stocks tumbled on Monday as news pointing to the deepening economic slump around the world erased the bulk of last week's sharp gains, with financial services companies and retailers among Wall Street's biggest casualties.
The Dow Jones industrial average was down 679.95 points, or 7.70 percent, to end unofficially at 8,149.09, based on the latest data. The Standard & Poor's 500 Index was down 80.05 points, or 8.93 percent, to finish unofficially at 816.19. The Nasdaq Composite Index was down 137.50 points, or 8.95 percent, to close unofficially at 1,398.07.
(Reporting by Kristina Cooke; Editing by Jan Paschal)
