US stocks fall further after factory report; Dow down triple digits

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U.S. stocks declined on Monday, with the Dow Jones Industrial Average failing to make a comeback after its worst monthly percentage drop since May 2012, after factory data offered a disappointing take on January.

Herbalife (HLF) rose after the provider of weight-loss supplements said it would repurchase shares.

Data on January factory activity from the Institute for Supply Management is expected to be released at 10 a.m. Eastern.

The Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) was lately down 101 points, or 0.7 percent, at 15,597.67.

The S&P 500 (^GSPC) fell 0.7 percent.

The Nasdaq (^IXIC) declined 0.8 percent.

Advancers were just a step ahead of decliners on the New York Stock Exchange, where 67 million shares traded as of 9:40 a.m. Eastern. Composite volume neared 197 million.

The dollar edged lower against other global currencies and the yield on the 10-year Treasury note fell 2 basis points to 2.672 percent.

On Friday, U.S. stocks cl osed steeply under water , with Wall Street recording its worst month in more than a year and first monthly loss since August, as investors compiled a list of worries that now include emerging markets.

-By CNBC's Kate Gibson

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