'US equities moved lower after re-opening session on Tuesday following a holiday shortened week on account of Labor day. The Nasdaq plunged 577.33 points or 3.3 percent to 17,136.30, the S&P 500 dove 119.47 points or 2.1 percent to 5,528.93 and the Dow tumbled 626.15 points or 1.5 percent to 40,936.93. With the steep drop, the Dow pulled back well off the record closing high set in the previous session.
