
The stock rout isn't over: Dow tumbles more than 700 points
CNN
Wall Street was in the red again Monday as investors worried about the Federal Reserve's policy path, the tensions in Ukraine, earnings season and -- of course -- inflation.
Stocks opened sharply lower and the S&P 500 (SPX), the broadest measure of the US equity market, was on track to end the day in correction territory, defined as a 10% drop from its most recent peak.
The S&P 500 was trading 2.7% lower shortly after Monday's opening bell. Last week, the index logged its worst week since March 2020.

President Donald Trump said Tuesday that he plans to phase out the Federal Emergency Management Agency after this year’s hurricane season, offering the clearest timeline yet for his administration’s long-term plans to dismantle the disaster relief agency and shift responsibility for response and recovery onto states.

Rep. LaMonica McIver indicted on federal charges after incident at New Jersey ICE detention facility
Democratic Rep. LaMonica McIver was indicted Tuesday on federal charges alleging she impeded and interfered with immigration officers outside a New Jersey detention center while Newark’s mayor was being arrested after he tried to join a congressional oversight visit at the facility.