Major Stock Indices on Wall Street Close with Sharp Declines

The main stock indices on Wall Street ended the trading on Monday with significant losses.The S and P 500 dropped by 159.20 points, or 2.98 percent, closing at 5187.36 points.The Nasdaq Composite fell by 567.78 points, or 3.38 percent, to finish at 16208.38 points.Additionally, the Dow Jones Industrial Average lost 1,030.47 points, or 2.59 percent, ending the session at 38,706.79 points.Source: Qatar News Agency