Dollar Surges, Weighs on Markets The SP 500 notched a new closing low for 2022 as interest rates surged and turmoil rocked global currencies. The Dow Jones Industrials kept on their negative trend, losing 327.76 points to 29,262.65. The SP 500 fell 38.19 points, or 1% to 3,655.04. The NASDAQ Composite plummeted 65 points Match Group, the parent company of some of the world’s best-known online dating platforms, is trading at its lowest level since the company went public in 2015. The company behind services such as Tinder, Hinge, OkCupid and Match.com first went public via an initial public offering. It now trades as part of the NASDAQ under the ticker MTCH. Match Group was trading down about 1.2% Monday at $46.75. Shares traded as low as $46.19 — marking its lowest valuation since becoming a publicly traded company. Pharmaceutical company Organon is similarly trading at its lowest since it spun off from Merck in June 2021. The two companies are among the more than 100 stocks in the SP 500 trading down to levels not seen in a year or longer.