Dow tumbles more than 600 points at Monday close, following three straight weeks of losses
Monday, September 20, 2021 | Tag Cloud Tags: Federal Reserve, News, Wall Street, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(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…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.