An early decline on Monday put U.S. stocks on track for their worst day in weeks as worries about China’s indebted property sector spurred a broad retreat in riskier assets.
The S&P 500 dropped 1.6%, after the broad stocks gauge posted its biggest two-week decline since February. The Dow Jones Industrial Average lost 1.5%, or around 515 points, and the technology-focused Nasdaq Composite Index fell 2%.
