That, according to the Associated Press, is just what happened. Sectors of the market are reacting negatively, with Vice President Biden's statement that the Obama administration "misread" the economy as the main factor.

Shares of major metal manufacturers traded sharply lower Monday, a day after Vice President Joe Biden said the White House "misread" the economy, prompting concerns that an economic recovery could be slower than expected.

In an interview with ABC's "This Week" broadcast Sunday, Biden said the administration "misread how bad the economy was," but stood by its stimulus efforts.

Those comments will likely dampen investor confidence, said David Silver, an analyst with Wall Street Strategies.