AOL.com Video - S&P Worst Day Since November

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S&P Worst Day Since November

Description:Stocks stumbled on Monday - the S&P 500 declining more than one percent - with banks and other financial stocks among the worst performers. The key worry: exposure to Italy's massive debt. There are concerns about gridlock after unclear results in Italy's election Monday - and the impact of a potentially divided government on the euro-zone crisis. Michael Gayed, chief investment strategist at Pension Partners, sees trouble ahead for the U.S. markets: (1:50)

Source: Reuters

Tags: reuters , goldman sachs , Leonard Riggio , michael gayed