Traders work on the trading floor of the New York Stock Exchange (NYSE) in New Yorkbestfreetoearnnftgames, the United Statesbestfreetoearnnftgames, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

NEW YORK, Aug. 5 (Xinhua) -- U.S. stocks ended sharply lower on Monday.

The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08.

All of the 11 primary S&P 500 sectors ended in red, with technology and communication services leading the laggards by going down 3.78 percent and 3.35 percent, respectively. Industrials posted the weakest decline, down 1.72 percent.■

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

A monitor displays stock market information on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)

A monitor displays stock market information on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. U.S. stocks ended sharply lower on Monday. The Dow Jones Industrial Average fell by 1,033.99 points, or 2.60 percent, to 38,703.27. The S&P 500 sank 160.23 points, or 3.00 percent, to 5,186.33. The Nasdaq Composite Index shed 576.08 points, or 3.43 percent, to 16,200.08. (Photo by Michael Nagle/Xinhua)