Dow Jones drops 500 points as stock market losses deepen
by from on (#3F5P9)
NEW YORK - The Dow Jones industrial average dropped 500 points Monday, bringing it back just below 25,000 points, a level it first crossed a month ago. The heavy losses deepened a slump that began on Friday as investors worried that creeping signs of higher inflation and interest rates could derail the market's record-setting rally.