NEW YORK, NEW YORK - DECEMBER 19: Traders work on the floor of the New York Stock Exchange (NYSE) the morning after U.S. President Donald Trump was impeached by the House of Representatives on December 19, 2019 in New York City. Despite the events in Washington, markets were up sharply in morning trading. (Photo by Spencer Platt/Getty Images)

NEW YORK (AP) — Wall Street opened the week with heavy losses that put the benchmark S&P 500 at a level considered to be a so-called bear market. Rising interest rates, the war in Ukraine and China’s economic slowdown are leading investors to reconsider what they’re willing to pay for a wide range of stocks, from high-flying tech companies to industrial conglomerates. Big swings have become commonplace and Monday was no exception, with the S&P 500 falling 3.9%. It’s 21.8% below its record set early this year and so now is in a bear market. The Dow industrials sank 2.8% and the tech-heavy Nasdaq composite tumbled 4.7%.