Inventory Market Falls; Dow, S&P 500 Down Extra Than 2%

Worries about spreading contagion from troubles in China’s property market despatched U.S. shares towards their steepest declines in months on Monday.

The S&P 500 dropped 2.2%, with its losses accelerating noon. The Dow Jones Industrial Common misplaced 2.2%, or greater than 750 factors, dragged down by shares of Caterpillar and monetary heavyweights like Goldman Sachs . The technology-focused Nasdaq Composite Index fell 2.6%.

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