How Major US Stock Indexes Fared Monday Aug. 22, 2022

How Major US Stock Indexes Fared Monday Aug. 22, 2022
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The Associated Press
Updated:

Stocks fell broadly on Wall Street, extending the market’s losses amid worries about inflation and the path ahead for the economy.

The S&P 500 shed 2.1 percent Monday, its biggest drop since mid-June. Some 95 percent of stocks in the benchmark index lost ground. It finished in the red last week, breaking a four-week winning streak. The Dow Jones Industrial Average and the Nasdaq also fell.