Dow tumbles more than 600 points at Monday close, following three straight weeks of losses
(Worthy News) – U.S. stocks shed more than 600 points as the markets closed Monday. This recent plummet comes as emerging risks continue to become the September story for Wall Street.
The Dow Jones Industrial Average fell 614 points – its biggest single-day drop since mid-July. The S&P 500 lost 2.7%, while the tech-oriented Nasdaq Composite dropped a whopping 3.3%.
The sell-off comes as a result of a number of investor concerns. On Tuesday, the Federal Reserve will begin a two-day meeting, which investors are worried will result in a decision that will pull stimulus funds as inflation continues to surge. [ Source: Just the News (Read More…) ]
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