U.S. stocks are crumbling to kick off the trading week.
Wall Street is on fire on Monday as fears over China’s Evergrande, this week’s Federal Reserve policy meeting, and the Delta variant pushed investors to hit the sell button.
Everything was down:
- Dow Jones Industrial Average
- Nasdaq Composite Index
- S&P 500
- Gold
- Silver
- Oil
- Natural gas
- Bitcoin
The only asset that traders found refuge in that was not in the red was the U.S. dollar.
Is this the beginning of the end of the stock market? It depends on what the Fed announces on Wednesday. If it maintains its bond-buying program, this bull run probably still has some legs.
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