US Stock Indexes Fall as Lockdown Protests Spread in China

US Stock Indexes Fall as Lockdown Protests Spread in China
Traders work on the floor at the New York Stock Exchange in New York on Nov. 28, 2022. Seth Wenig/AP Photo
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A broad slide on Wall Street left stocks lower Monday as global financial markets reacted to protests in China calling for Chinese leader Xi Jinping to step down amid growing anger over severe COVID-19 restrictions.

The S&P 500 fell 1.5 percent, clawing back all of the benchmark index’s gains from last week. The Dow Jones Industrial Average finished 1.4 percent lower, while the Nasdaq composite slid 1.6 percent.