Jan 24 (Reuters) - The S&P 500 index tumbled on Monday, on track to confirm a correction as it shed more than 10% from its record closing high on Jan. 3, the first trading session of this year.
The benchmark index was last down 2.2% at 10:03 a.m. EST (1503 GMT).
A correction is confirmed when an index closes 10% or more lower than its record closing level. (Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Maju Samuel)
