Wall Street joins global tumble, S&P 500 down more than 1.5%

NEW YORK (AP) — Stocks are falling sharply in early trading on Wall Street Monday, joining a global tumble for markets. Losses began in Asia and accelerated in Europe on worries about the possibility of tougher restrictions on public life due to rising coronavirus counts. The S&P 500 is down 1.7% in early trading. Bank stocks fell after a report alleged several are profiting from illicit dealings with criminal networks. Wall Street has struggled this month amid a long list of concerns.