U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market.
The Dow Jones Industrial average lost 500 points, or 1.4%, set for its biggest one day drop since July 19. The blue-chip Dow pared back some of the losses soon after the open when it dropped nearly 600 points. The S&P 500 fell 1.5%. The tech-heavy Nasdaq Composite dropped 1.8%.
There were a number of reasons for the sell-off. This might be the perfect opportunity to invest in precious metals.