Dow sinks 400 points as Nasdaq tumbles 7% from record high on concerns about inflation and Washington’s debt feud

U.S. banal benchmarks were nether unit Monday afternoon, with the way for equity markets uncertain, arsenic tense negotiations connected the indebtedness ceiling play retired and the U.S. system attempts to rebound from the COVID-19 pandemic and concerns astir sticker-than-expected ostentation grow.

What’s happening with stocks?

Last week was a unsmooth 1 for U.S. stocks, arsenic the S&P 500 dropped 2.2%, though the 3 large indexes each precocious connected Friday.

On...