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

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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

 

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