Comment on Dow Drops 1,000 Points to Lowest Level in 10 Months

Dow Drops 1,000 Points to Lowest Level in 10 Months

NEW YORK — The Dow Jones Industrial Average has dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine. Stocks extended their three-week decline on Wall Street and put the benchmark S&P 500 on track to close in what the market considers a correction — a drop of 10% or more from its most recent high.

 

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