As tempest clouds accumulate over worldwide economy, stocks slip and oil sinks
Stocks fell on Monday toward the beginning of a vacation abbreviated seven day stretch of exchanging, with financial backers considering restored infection related limitations abroad and possibilities that a critical social strategy bill might be abandoned.
The S&P 500, Dow Nasdaq each dropped by almost 2% during intraday exchanging. Depository yields fell as financial backers packed into place of refuge resources, and the benchmark 10-year yield held beneath 1.4%. The CBOE Volatility Index, or VIX, spiked over 20% to float over 25.
Financial backers expecting a simple Christmas week could be painfully disillusioned as stocks and oil costs slid even with developing dangers to the worldwide economy.
In the US the Dow fell in excess of 430 places, or 1.2%, on Monday. The S&...