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Wall Street’s losses worsen as markets tumble worldwide

2022-05-10 09:43:01       source:The Associated Press

May 9, 2022


NEW YORK (AP) — Stocks racked up more losses on Wall Street Monday, leaving the S&P 500 at its lowest point in more than a year.


The sell-off came as renewed worries about China’s economy piled on top of global financial markets already battered by rising interest rates.


The S&P 500 tumbled 3.2%, deepening its losses following five straight down weeks, its longest such streak in more than a decade.


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https://apnews.com/article/russia-ukraine-covid-health-business-japan-c8523aa65e034d3d58f83f23e3e46863