NEW YORK (Reuters) - The S&P 500 posted its worst day in more than four months on Monday, as big drops in the price of gold and other commodities triggered a broad selloff in equities.
The three major U.S. stock indexes extended declines in afternoon trading after reports of explosions near the finish line of the Boston Marathon.
The Dow Jones industrial average fell 265.86 points or 1.79 percent, to end unofficially at 14,599.20. The S&P 500 lost 36.48 points or 2.30 percent, to finish unofficially at 1,552.37. The Nasdaq Composite dropped 78.46 points or 2.38 percent, to close unofficially at 3,216.49.
(Reporting by Rodrigo Campos; Editing by Jan Paschal)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app