Dow Drops 500, Erasing Last Month’s Gain

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NEW YORK (AP) — Stocks are extending their slide on Wall Street, bringing the Dow Jones industrial average down 500 points.
The slide Monday brought the Dow back just below 25,000 points, a level it first crossed a month ago.
The market’s slump began on Friday as investors worried that creeping signs of higher inflation and interest rates could derail the market’s record-setting rally.
Banks are taking some of the biggest losses.
Wells Fargo p