USA TODAY International Edition

INDEXES TUMBLE; S& P HITS LOWEST POINT IN A YEAR

-

Stocks deepened their losses on Wall Street on Monday, sending the S& P 500 to its lowest close in more than a year. The benchmark index is coming off its fifth weekly loss in a row as renewed worries about China’s economy add to markets battered by rising interest rates. Stocks fell across Europe and much of Asia. The S& P 500 gave up 3.2% and the Nasdaq pulled back 4.3%. The Dow Jones Industrial Average fell 2%. The yield on the 10year Treasury note fell to 3.03%.

Newspapers in English

Newspapers from United States