Wall Street jumps aboard global stocks rout, Dow Joens drops 164 points
NEW YORK, New York - U.S. and global stocks fell sharply on Monday while the rally in the U.S. dollar extended.
"Not only are people worried that earnings are going to come in weak because of an economic slowdown, but also because of the rise of the U.S. dollar, which creates a headwind for earnings for multinationals," Robert Pavlik, senior portfolio manager at Dakota Wealth Management told Reuters Monday.