Dow drops 200 points in wild session where it was briefly down more than 1,000 points; European markets close sharply lower on Fed meeting, Ukraine concerns; Stoxx 600 down 3.6% 
The sell-off of U.S. stocks in 2022 gained intensity Monday as investors dumped risky assets like equities in anticipation of a less friendly Federal Reserve. A late-day rally helped mitigate the damage however. The Dow Jones Industrial Average lost more than 1,000 points at one point and the S&P 500 pulled back more than 10% from its Jan. 3 record close briefly, but stocks eased off their lows of the session. 
The Dow Jones Industrial Average shed about 235 points, or 0.7%, falling for a seventh straight day. At its lows of the day, the blue-chip index shed about 1,115 points before a rally in the final hour of trading. The S&P 500 lost 0.7% and fell into correction territory at one point before rebounding. The Nasdaq Composite declined 0.5% after being down 4.9% at its low. 

The pan-European Stoxx 600 provisionally ended down 3.6%, with both tech and travel and leisure stocks plunging 5.2% as all sectors and major bourses slid into the red. 
In terms of individual share price movement, Unilever gained 7.3% after reports that activist investor Nelson Peltz has accumulated a stake in the British consumer goods company. 
Source: CNBC, Investing.com