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Dow Tumbles 1,000 Points After Wall Street’s Miserable Week

The S&P 500, which is down 11 percent, is on track to have its worst January ever.

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BRYAN R. SMITH/Getty

By Anna Venarchik

The Dow Jones Industrial Average plummeted more than 1,000 points Monday following the stock market’s worst week since the pandemic began. As reported by CNBC, this is the seventh day in a row that the DOW has declined. The S&P 500, which is down 11 percent, is on track to not only have its worst month since the pandemic began, but also its worst January ever. The Federal Open Market Committee is scheduled to conclude policy meetings Wednesday that will indicate how the central bank will adjust interest rates in the wake of the market’s struggle.

Read it at CNBC

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