Wall Street selloff worsens on Mnuchin move, D.C. drama
A steep sell-off in U.S. stocks worsened in a pre-holiday shortened session on Monday, as a move by the U.S. Treasury secretary to convene a crisis group and other political developments rattled investors and pushed the S&P 500 to the brink of a bear market.
The Dow Jones Industrial Average fell 653.1 points, or 2.91 percent, to 21,792.27, the S&P 500 lost 65.32 points, or 2.70 percent, to 2,351.3 and the Nasdaq Composite dropped 140.08 points, or 2.21 percent, to 6,192.92.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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