Dow slides 400+ points, Kohl’s soars on takeover offers

  • Dow slides 400+ points, Kohl's soars on takeover offers

    U.S. stocks tumbled across the board as investors continue to rotate out of riskier assets with tensions between Russia and Ukraine intensifying. Also this week, the Federal Reserve will hold its first meeting of the year amid a heavy calendar of big earnings from the likes of Tesla, Apple and Microsoft. In deal news, Kohl's confirmed it has received more than one takeover offer pushing the shares higher. In commodities, oil slipped to the $83 per barrel level.

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