Stocks are falling sharply on Wall Street Monday, joining a global tumble for markets as the S&P 500 sinks more than 2%. The S&P 500 was down 2.3%, as of 2:23 p.m. Eastern time, and the losses were widespread with more than 90% of the stocks in the index lower. Wall Street has been shaky this month, and the S&P 500 has pulled back more than 9% since hitting a record Sept. 2 amid a long list of worries for investors.
