1/30, 8:42 PM (Source: TeleTrader)
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Dow falls 200 pts as traders await Fed

The Dow Jones Industrial Average index dropped over 200 points on Monday with the next interest rate decision by the United States Federal Reserve as the most anticipated event of the week. Falling over 3%, Johnson & Johnson was the worst-performing stock on the Dow after it revealed its plans to extend the legal battle related to the company's troubled talc-containing products.

The Dow Jones decreased by 0.61% or 208 points at 2:47 pm ET. The Nasdaq 100 fell by 1.82% and the S&P 500 was down 1.12% at the same time.

The euro was 0.21% lower than the dollar, going for 1.08434 a minute later.

Baha Breaking News (BBN) / MS