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The stock market continued a September slide Monday, with the Dow Jones Industrial Average falling about 800 points at one point. The S&P 500 sank 1.2%, though a last-hour recovery helped it more than halve its loss from earlier in the day.The Dow Jones Industrial Average fell 509.72, or 1.8%, to 27,147.70 after coming back from an earlier 942 point slide. The Nasdaq composite slipped 14.48, or 0.1%, to 10,778.80 after recovering from a 2.5% drop.Monday’s downward movement was seen across many sectors, and market watchers point to multiple reasons.Multiple media outlets are reporting about documents indicating major banks around the world potentially ignored red flags and allowed millions to be transferred by questionable companies or individuals. Stock prices for banks, including JP Morgan Chase, fell on Monday. Many are worried about a spike in coronavirus cases and potential new “waves” of the virus; the United Kingdom announced they are seeing a sharp increase in cases.The recent death of Supreme Court Justice Ruth Bader Ginsburg and subsequent announcement a replacement could come soon means congress will be focused on hearings and the nomination process, and potentially not focused on any federal coronavirus relief aid, according to Marketplace.org.Without federal relief, economic experts have warned of a longer recovery. The Federal Reserve last week said the future of the U.S. economy remained uncertain.Over the weekend, China announced a new regulatory body that could blacklist foreign companies that put China’s national security at risk. NPR says this group could target U.S. tech companies operating in China, like Apple, Cisco, and others.Monday’s slide comes after a few weeks of stock market losses. September is historically the worst month for stocks, according to the Associated Press.“The market has been poised to just pull back, take a breather,” said Quincy Krosby, chief market strategist at Prudential Financial. “Raising capital is prudent during a month that is known statistically, historically for being difficult for the market.” 2095

The U.S. Marine Corps says it has lifted a "shelter-in-place" order at the Air Ground Combat Center (AGCC) in Twentynine Palms, California following earlier reports of an "active shooter."According to a statement from the Marines, the order was enacted when an "individual" suffered a self-inflicted gunshot wound on the base at about 8:30 a.m. PT. No other injuries were reported. The person who fired the gun has been transported to a local medical center for treatment.The Marines say they are investigating.Shortly after 8:30 a.m., the Marines tweeted that they were "aware of reports" of an active shooter at the AGCC. Later, both KESQ-TV in Palm Springs, California and KTTV-TV in Los Angeles reported — citing a base spokesperson — that a suspect had been taken into custody and that there were no reports of injuries. The Marines later disputed those reports, saying that it could not confirm that a suspect was in custody.The base is located about an hour's drive northwest of Palm Springs. 1008

The suspect who opened fire during a Madden video game tournament in Jacksonville, Florida, on Sunday actively targeted other gamers in his shooting spree, Sheriff Mike Williams said.David Katz, a 24-year-old gamer from Baltimore, Maryland, was in town for the tournament at GLHF Game Bar at the Jacksonville Landing, a downtown shopping and dining complex. He walked past patrons in other parts of the restaurant and then opened fire on his fellow competitive gamers before killing himself, Williams said.The shooting left two people dead, 10 injured from gunshots and one person with a non-gunshot injury, Williams said. All of the injured are expected to survive, he said."As bad as this is, it could have been much worse," Williams said. 749

The White House has once again lowered the American flag to half-staff, after the flag was left at its full height for most of the day on Monday.In a statement released at about 4 p.m. ET, President Trump ordered flags be flown at half-staff until Sunday, the day of McCain's internment at the U.S. Naval Academy in Annapolis. The Trump administration faced criticism from politicians across party lines for choosing to fly the flag at full-staff while the rest of the federal government continued to honor Senator John McCain by keeping the flag low. Ohio Gov. John Kasich called the decision to keep the flags flying high "shameful."While protocol calls for the flag to be flown at half-staff the day and the day after a member of Congress dies, recent tradition has kept the flag at half-staff until sunset on the day of member's interment.   868

The Senate is expected to vote on an economic relief package this week and while it has little chance of passing the House, it is sending a very clear message to airlines: help may not be coming. United Airlines and American Airlines have both threatened thousands of their employees with layoffs if government assistance doesn't come before October 1. October 1 is the first date airlines that took bailout money from earlier this year can layoff workers under the terms set by Congress. United is looking at cutting around 16,000 employees while American is slashing around 19,000 workers. Southwest and Delta, notably, are not laying off workers after offering buyouts to many workers. For weeks, airlines and unions were holding out hope lawmakers would pass a bill after returning from their August recess. The Association of Flight Attendants took to Capitol Hill Wednesday to demand action. 906

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