The three major U.S. stock market indexes, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average, all opened lower on Monday, extending their losses from last week. The S&P 500 fell 0.34%, the Nasdaq Composite dropped 0.27%, and the Dow Jones Industrial Average declined 0.35%. The decline was broad-based, with all 11 sectors of the S&P 500 closing in the red. Technology stocks were among the hardest hit, with the Nasdaq Composite weighed down by declines in Apple Inc., Microsoft Corp., and Amazon.com Inc. The decline in the stock market comes as investors continue to worry about the economic impact of the COVID-19 pandemic. The virus has caused widespread lockdowns and business closures, which have led to a sharp decline in economic activity. Investors are also concerned about the upcoming U.S. presidential election and the potential for increased volatility in the markets. With so much uncertainty, investors are taking a cautious approach and reducing their risk exposure. It is important to note that the stock market is volatile and can experience short-term declines. It is crucial not to panic and instead focus on long-term investment strategies.