Investors seemed to be spooked ahead of Tuesday's runoff elections in Georgia, which will determine control of the U.

S Senate and could determine what President elect Joe Biden could get done during his term.

The Dow fell 382 points.

The S and P 500 lost 55.

The NASDAQ gave up 189 timbre.

Senior portfolio manager at guide Stone Capital Management doesn't see Monday's pullback as a harbinger of things to come.

The market likes certainty, and this is creating a lot of uncertainty.

A Zoe's.

It goes forward, we think, near term, though once those elections are settled out, the market's going to continue to head higher on additional fiscal stimulus.

That will come if the Democratics, uh, do sweep the Senate and and if they don't we think the markets will head higher on the status quo.

So either way, markets are poised Thio to continue to go higher.

But Wall Street still has to grapple with a health crisis that does not appear to be slowing down.

Despite several approved vaccines, British Prime Minister Boris Johnson on Monday announced another national lock down, which investors fear will likely dampen the global economy.

Traveling tourism stocks were among the biggest losers of the day.

The group also taking a hit now that the peak holiday travel season is over, Norwegian Cruise Line's sank nearly 7% hotel operator Marriott was down more than 5% and American Airlines fell 4%.

But on the upside, Tesla's theory trick car company continued its record run to fresh all time highs.

Investors cheered Tesla's better than expected vehicle delivery numbers for 2020.