Dow Dives 800 Points, Evergrande Fears Mount—and What Else Is Happening in the Stock Market Today

 Dow Dives 800 Points, Evergrande Fears Mount—and What Else Is Happening in the Stock Market Today

  • Order Reprints

  • Print Article

Wall Street kicked off Monday with its largest losses in months amid a broad fall in global stocks. Investors fretted over the implications and financial contagion of the potential failure of China’s Evergrande property group. A looming Federal Reserve policy meeting, Congressional budget and debt ceiling wrangling in Washington, and stretched stock valuations all contributed to a sense of uncertainty in markets.

The Dow Jones Industrial Average was down about 900 points, or 2.6%, in the last hour of trading on Monday after…


Related post