Markets plunge on worst Christmas Eve of trading ever

Traders react to markets on Dec. 21. Christmas Eve marked another terrible day for Wall Street.
(Image credit: Spencer Platt/Getty Images)

Following Wall Street's worst week since the financial crisis, U.S. markets slid again during a short session on Monday before the exchanges closed for the Christmas holiday. The Dow dropped more than 640 points to below 22,000 — its worst Christmas Eve trading ever — and the S&P 500 entered a bear market, CNBC reports.

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.