Mnuchin: "The markets look like they're functioning normally"
Treasury Secretary Steve Mnuchin said Tuesday that the White House is "monitoring the situation" after markets fell sharply on Monday.
The backdrop: The Dow Jones Industrial Average plummeted 1,175 points Monday — the largest one-day point decline in history. And global markets took a beating too. Tuesday morning, the DJIA opened 300 points down and continues to be volatile.