Dow sinks 625 points at low as the stock market contends with a fresh threat: a rising dollar
The Dow Jones Industrial Average midday Monday was trading near session lows, amid a firming U.S. dollar. Last week, investor sentiment was buffeted by a rapid decline in crude-oil prices , which fell into bear-market territory, defined as a drop from a recent peak of at least 20%. And while that decline has stabilized somewhat, with the Organization of the Petroleum Exporting Countries considering cuts to production to address rising crude-oil inventories, a new problem appears to be knocking stocks around. Читать дальше...