News Formal

Stocks close lower, Dow drops nearly 500 points as supply chain concerns mount amid protests in China

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. The Dow fell 1.45%. The S&P 500 shed 1.54%. The Nasdaq was down 1.58%.

crude oil hit a low of $73.60 per barrel Monday, marking the cheapest price since 2022 began.

Futures connected to the Dow traded down more than 200 points, or 0.6%, as the pre-market entered its final hour.8 Hours Ago

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Also from CNBC:

What about half the Fed dressed in Grinch costumes?

.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow falls 500 points as stocks hit session lows during final hour of tradingU.S. stocks tumbled to their lowest levels of the session Monday afternoon as commentary from senior Federal Reserve officials added to the market’s woes... 😱 I'm waiting for the stock market to crash so I can buy in.
Source: MarketWatch - 🏆 3. / 97 Read more »