U.S. stock market indexes dropped sharply in Monday’s midday trading. The Dow Jones Industrial Average lost eight-tenths of a percent, the S&P 500 fell 1.1 percent, and the NASDAQ plunged 1.9 percent.
European stock markets were lower at the close of trading. London’s Financial Times 100 index retreated three-tenths of a percent to end at 5,974. The CAC-40 in Paris moved down seven-tenths of a percent to reach 3,990 and the DAX in Frankfurt slid two-tenths of a percent to finish at 7,162.
Earlier in Asia, Tokyo’s Nikkei index dropped 1.8 percent , to close at 10,505. Hong Kong’s Hang Seng lost four-tenths of a percent , to end at 23,313.
The price of gold rose more than $2 to trade at $1,433.35 an ounce.
The dollar was lower against the yen but made gains compared to the euro.
