Dow falls as market sell-off continues on fears Russia-Ukraine war will slow economy, raise inflation
Stocks fell again on Monday, following four straight weeks of declines, as investors grew increasingly concerned higher energy prices stemming from the Russia-Ukraine conflict would slow the economy while raising inflation.
The Dow Jones Industrial Average lost about 400 points, or 1.2%. The S&P 500 declined 1.3%, falling deeper into correction territory. The Nasdaq Composite was lost 1.6%, also in a technical correction.
As the Russia- Ukraine war continues, investors are monitoring the potential economic ramifications of disruptions in the global supply of energy.
“Consequently, ‘stagflation’ is rapidly becoming the...