US Stocks Pull Back Sharply Amid Rebound in Crude Oil Prices
US stocks pulled back sharply on Monday after rebounding last Friday.
The major averages have slid into negative territory, with the tech-heavy Nasdaq leading the pullback.
The current market situation is just off its lows of the session. The Nasdaq is down 282.12 points or 1.1 percent at 26,050.91, the S&P 500 is down 62.26 points or 0.8 percent at 7,594.72 and the Dow is down 264.80 points or 0.5 percent at 52,308.49.
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