Stocks opened sharply lower Monday, extending declines after major indexes logged their biggest weekly falls since 2020. A meeting of Federal Reserve policy makers, which will conclude on Wednesday, remains in focus, with the central bank expected to lay the groundwork for a rate increase at its March meeting. Investors were also keeping a close eye on the threat of a Russian attack on Ukraine. The Dow Jones Industrial
DJIA,
-2.29%
slumped around 425 points, or 1.2%, to 33,840, while the S&P 500
SPX,
-2.82%
was down 1.5% at 4,332 and the Nasdaq Composite dropped 1.9% to 13,502.
Stocks open lower after worst week since 2020 as investors await Fed meeting – MarketWatch
