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S&P 500 Suffers Biggest One-Day Drop in Over 5 Weeks
U.S. stock markets retreated Monday in a broad sell-off, fueled by new concerns about weaknesses in global manufacturing, sluggish U.S. retail sales, and an embattled Japanese economy.
The S&P 500 had its biggest one-day drop in more than five weeks. The Nasdaq suffered its steepest decline in seven weeks.
U.S. stock markets retreated Monday in a broad sell-off, fueled by new concerns about weaknesses in global manufacturing, sluggish U.S. retail sales, and an embattled Japanese economy.
The S&P 500 had its biggest one-day drop in more than five weeks. The Nasdaq suffered its steepest decline in seven weeks.