Dow Jones continues 2014 slide with large drop

BY Justin Scuiletti  February 3, 2014 at 6:07 PM EST
Dow Jones plummets to its worst performance since 2009. Photo by Getty Images.

Dow Jones plummets to its worst January performance since 2009. Photo by Getty Images.

The Dow Jones industrial average tumbled more than 320 points Monday, continuing a downward trend after its worst January performance since 2009.

The AP reported that investors were deterred by reports of slow U.S. growth and declines in European and Japanese indexes, including a private survey that showed January’s cold temperatures curbed U.S. manufacturing expansion during the month.

Monday’s drop has Dow down more than 7 percent for the year.