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Dow Falls More Than 1,100 Points, Closes Under 25,000

The Dow lost more than 15-hundred points by 3:30 p.m. EST Monday.

NEW YORK -- The Dow Jones Industrial Average hit its lowest level of the year on Monday, falling 1,175 points to close at 24,346.

The losses come on the heels of a 666-point drop on Friday. 

The Dow lost more than 15-hundred points by 3:30 p.m. EST Monday. It is the biggest single-day drop ever.

The S&P 500 lost 113 points to finish at 26-49, and the Nasdaq was 273 points lower at 69-68.

(Photo by BeeBright/Thinkstock.)

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