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NEW YORK — The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and fretted over the possibility of conflict between Russia and Ukraine. Stocks extended their three-week decline on Wall Street and put the benchmark
Stocks plummeted as worries mount among investors about what actions the Fed will take to curb rising inflation in the U.S.
The Dow Jones Industrial Average has dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine.
Stocks plummeted as worries mount among investors about what actions the Fed will take to curb rising inflation in the U.S.
The Australian sharemarket is bracing for heavy falls at the open as Wall Street’s rout continued with investors fretting over the Fed’s pivotal meeting this week and the Russia-Ukraine spat.