The Dow Jones Industrial Average fell 509.72 points, or 1.84%, to 27,147.7, the S&P 500 lost 38.41 points, or 1.16%, to 3,281.06 and the Nasdaq Composite dropped 14.48 points, or 0.13%, to 10,778.80. The pan-European STOXX 600 index lost 3.24% and MSCI's gauge of stocks across the globe shed 1.63%.
NEW YORK: Stocks across the world hit their lowest in seven weeks and other risk assets also sold off on Monday on concerns over renewed lockdown measures in Europe and Britain, as well as the United States' inability to agree on fiscal stimulus that would support millions of unemployed.
Oil prices fell more than 3%, the dollar rose against a basket of peers and an index of emerging market currencies fell by the most in six months. The MSCI world equity index, which tracks shares in 49 countries, ended at its lowest since Aug. 3.
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