Dow falls more than 150 points Stocks in the U.S were lower Monday as concerns over rising rates and tighter monetary policy added selling pressure that began last week. The Dow Jones Industrial Average slid 165 points, or about 0.5%. The SP 500 and the Nasdaq Composite dropped 0.6% and 1%, respectively. Powell''s Friday speech at the Jackson Hole central banking symposium warned of the "pain" needed to tame the fastest inflation in more than forty years, and signaled further rate hikes to come between now and the end of December. Meme stocks GameStop (GME) and AMC (AMC) were also taking a hit Monday. WTI crude futures for October delivery were 16 cents higher at $93.22 per barrel. Meanwhile in the bond market, the benchmark 10-year Treasury note surged above 3%, and the 2-year Treasury yield spiked to top 3.45%, its highest level since 2007. Gold was last down 0.5% at $1,729 an ounce.