Overview
- The Dow Jones Industrial Average closed at 47,739.32, down 215.67 points from Friday.
- Selling dominated U.S. equities as investors concentrated on Federal Reserve monetary policy.
- In New York FX trading at 5 p.m., the dollar bought ¥155.89–¥155.99, leaving the yen 61 sen weaker than last week.
- The euro traded around $1.1632–$1.1642 and approximately ¥181.44 during the same session.
- These moves followed a volatile prior week that saw rallies on rate‑cut hopes and pullbacks when long-term yields rose.