Stocks drop as oil prices top $100 per barrel, Trump defends costs of Iran strikes |
Stocks drop as oil prices top $100 per barrel, Trump defends costs of Iran strikes
Stocks dropped Monday after a weekend of escalating strikes in the Middle East drove oil prices above $100 per barrel and raised fears of a global economic crisis.
The Dow Jones Industrial Average fell 500 points after the opening bell Monday, dropping 1.1 percent. The S&P 500 index opened with a loss of 0.9 percent and the Nasdaq composite fell 0.7 percent after the opening bell.
The stock market has taken steady losses........