investors: The S&P 500 fell 16 points, or 0.8%, to 1,972, according to The Guardian. The Nasdaq composite slid 52 points, or 1.1%, to 4,776. Related:Rattled investors brace for big week as Federal Reserve considers rate increase The Dow Jones industrial average fell 114 points, or 0.7%, to 16,528. The falls came as investors reacted to similar dips in Asia and comments from the Federal Reserve vice-chairman, Stanley Fischer, over the weekend that suggested a rate increase could come sooner than some expected. It has fallen 12.5% this month, the third straight month of declines. In China, where a journalist from one of China leading financial magazines confessed on state television that his articles triggered the recent stock market chaos, the Shanghai Composite Index closed 0.8% lower on Monday.
(news.financializer.com). As
reported in the news.
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