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.
Dow Drops 1,000 Points To Lowest Level In 10 Months
DAMIAN J. TROISE / AP, Time: Business
Mon, 01/24/2022 - 10:46am
Topics: york the dow jones industrial average russia ukraine the russell fed&rsquo cme group&rsquo fed watch on monday freeport mcmoran general motors technology carnival bond treasury falling inflation rising american express johnson tesla mcdonald s southwest airlines apple the conference board s consumer confidence index january commerce department dow a federal reserve wall street s&p investors fed monday microsoft america johnson points fell companies interest rates stocks report consumers higher spending results yields market high thursday retailers benchmark raw earnings rate friday dropped materials anticipation decline rely pressure tuesday raising continues goods prices bank week range release latest increasingly raise costs wednesday weighed domestic
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