Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5%; European markets close down 2.8% as travel 
Stocks fell sharply Monday, pushing the S&P 500 to breach the 4,000 level for the first time in more than a year as the market sell-off continued. 
The Dow Jones Industrial Average dropped 653.67 points to 32,245.70, or 1.99%. The S&P 500 fell 3.2% to settle at 3,991.24, while the Nasdaq Composite lost 4.29% to 11,623.25. 
On the earnings front, shares of Palantir cratered 21.3% as the company provided weak revenue guidance. Shares of BioNTech gained more than 3% after the company posted a strong quarter. First-quarter earnings season is slowing down, but there are several notable reports including Walt Disney and Occidental Petroleum slated for later in the week. 
In other corporate news, Rivian shares plunged more than 20% after CNBC’s David Faber reported on Saturday that Ford is looking to sell 8 million shares in the electric vehicle maker. 

The pan-European Stoxx 600 provisionally ended down 2.8%, hitting its lowest level since Mar. 8. Travel and tech shares led the losses, down 5.8% and 4.8% respectively, as all sectors and major bourses traded firmly in negative territory. 
In terms of individual share price movement in Europe, German food delivery company Delivery Hero slumped 13% to the bottom of the Stoxx 600. 
Source: CNBC, Investing.com