Stocks drop as a world of worries bedevils investors.

Daily Business BriefingSept. 20, 2021Updated 

Sept. 20, 2021, 1:21 p.m. ET

Sept. 20, 2021, 1:21 p.m. ET

Wall Street on Monday was heading for its worst day in months, part of a global sag as a chain of worries — including the troubles of the Chinese property giant Evergrande and questions over Federal Reserve’s exit from its large bond-buying program — weighed on investors’ minds.

The S&P 500 was down 2 percent at midday, on track for its worst one-day slide since May 12. The index has dropped for two consecutive weeks, and before the decline on Monday, it was down more than 2 percent since a record high on Sept. 2.

The September malaise that has gripped American investors watching Washington lawmakers fight over spending on infrastructure and waiting for the Fed to announce its plans to remove supports for the recovering economy hasn’t been helped by the

Keep reading this article on The New York Times Business.

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