Stocks fell sharply Monday, but ended off session lows, as worries about spillover from the potential collapse of China property giant Evergrande shook up global financial markets. The DJIA fell around 614 points, or 1.8%, to close near 33,970.
Stocks fell sharply Monday, but ended off session lows, as worries about spillover from the potential collapse of China property giant Evergrande shook up global financial markets. Investors were also jittery ahead of the start Tuesday of a two-day meeting of Federal Reserve policy makers.
The Dow Jones Industrial Average DJIA, -1.78% fell around 614 points, or 1.8%, to close near 33,970 after dropping by more than 970 points at its session low. The S&P 500 SPX, -1.70% fell around 75 points, or 1.7%, to close near 4,358, while the Nasdaq Composite [: comp] gave up 330 points, or 2.2%, to finish near 14,714.
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