Investors had a bumpy ride.
Markets opened last week lower only to rebound later but not enough to avoid a third consecutive weekly dip. The Dow and the Global Dow fell nearly 1.0%, while the S&P 500 and the Russell 2000 declined more than 0.8%. Traders were able to overcome concerns early in the week of the possible financial collapse of a major Chinese property developer, only to learn last Friday that Chinese regulators will now consider crypto-related transactions illicit financial activity.
Wall Street suffered its worst day in nearly four months last Monday.
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