![Mnuchin's attempt to calm markets backfires as Trump takes another shot at the Federal Reserve - Los Angeles Times](https://www.latimes.com/resizer/IapLVsQibMFSI77OSSUPm30LZXA=/1200x0/arc-anglerfish-arc2-prod-tronc.s3.amazonaws.com/public/E5M3OMTJ5VBC3KLNJJWSJZNV74.jpg)
The S&P 500 fell 2.7% in shortened, preholiday trading Monday, digging itself deeper into the red. Last week the index had its biggest weekly drop since the 2008 financial crisis, and it’s down nearly 20% from its September peak. The Dow Jones industrial average fell 653.17 points Monday, or 2.9%, to 21,792.20.
Source: latimes.com – Los Angeles Times