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Mining shares are also dragging the market lower.
Declines in financial stocks also pulled the market lower.
Weak retail sales for May also drove the market lower.
Several disappointing economic reports pulled the market lower.
There was no real news that led the market lower.
[C16.] Chip Stocks Weigh on the Market Semiconductor stocks and A.I.G. led the market lower.
The news sent Caterpillar shares skidding 8percentt in premarket trading, pulling the broader market lower.
Technology stocks plunged, leading the market lower, as investors tried to adjust to the economic slowdown.
However, that rally fizzled Monday as bank shares dragged the market lower.
So precious metal miners are leading the market lower, with gold down more than 1%.
But the selling has driven the market lower, leaving the insurers with even more losses.
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CEO of Professional Science Editing for Scientists @ prosciediting.com