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Wall Street slides on Turkey currency shake-out

U.S. stocks dropped on Monday as global jitters due to Turkey’s plummeting currency spread to Wall Street.

All three major U.S. indexes closed lower, with the S&P 500 and the Dow falling for the fourth day in a row.

The Dow Jones Industrial Average fell 125.64 points, or 0.5 percent, to 25,187.5, the S&P 500 lost 11.34 points, or 0.40 percent, to 2,821.94 and the Nasdaq Composite dropped 19.40 points, or 0.25 percent, to 7,819.71.

 

 

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