Stocks have moved sharply lower during trading on Monday, extending the sell-off seen in the previous week. With the steep drop on the day, the major averages have fallen to their lowest intraday levels in over a year.
The major averages have seen further downside in recent trading, hitting new lows for the session. The Dow is down 825.74 points or 2.6 percent at 30,567.05, the Nasdaq is down 486.76 points or 4.3 percent at 10,853.26 and the S&P 500 is down 141.62 points or 3.6 percent at 3,759.24.The extended sell-off on Wall Street reflects lingering concerns about inflation and the outlook for interest rates after last Friday's report showing a jump in consumer prices.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.