The Nasdaq composite held up the best among the major indexes, but wavered and was up just 0.2% in recent trades. The S&P 500 also wavered and edged into positive ground after falling 0.8% Monday. Small caps outpaced the market, with the Russell 2000 index lifting 0.5% higher. The Russell ended a six-day winning streak Monday.

Stocks on Wall Street fell sharply on Monday, led by losses across major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq. The S&P 500 shed 0.8%, its worst single-day drop since mid-June, while the Dow and Nasdaq both declined 0.9%. Despite the setback, all three indices remained close to their recent record highs.