Dow Jones Suffers Significant Losses

The Dow Jones Industrial Average closed down 240 points, or 0.54%, on Monday as investors anxiously awaited key economic data releases this week. The Travelers Companies led the decline, losing 3.53%.

Tech Sector and International News

In the tech sector, China announced a probe into Nvidia over alleged anti-monopoly regulation violations. Meanwhile, the US Census Bureau reported a 0.2% month-on-month increase in wholesale inventories.

Broader Market Impact

The Nasdaq 100 slid 0.84%, with Applovin experiencing a significant 14.68% drop. The S&P 500 finished with a 0.61% loss, as Omnicom plummeted 10.25%. The euro traded 0.14% below the dollar at 3:59 pm ET, changing hands for 1.05507.