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Market Snapshot: Stock-market decline accelerates after big drop in home builder confidence

Stocks retreated Monday, extending a decline after a report showed home builder’s confidence plummeted in November, to kick off a holiday-shortened week on a down note.

U.S. financial markets will be closed Thursday for the Thanksgiving Day holiday.

How are benchmarks performing?

The Dow Jones Industrial Average DJIA, -0.90% tumbled 270 points, or 1.1%, to 25,142, the S&P 500 index retreated 30 points, or 1.1%, at 2,731, and the Nasdaq Composite Index NQZ8, -1.87% fell 144 points at 7,103, a decline of 2%.

Last week, the Dow posted a weekly decline of 2.2%, the S&P 500 index declined by 1.6%, while Nasdaq Composite Index shed 2.2%.

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