US Stocks Rebound Fades as Crude Oil Prices and Treasury Yields Surge
U.S. stocks have been under pressure on Monday, reversing some of the gains made at the end of last week's trading session.
The major averages are down across the board, with the tech-heavy Nasdaq leading the decline.
The Nasdaq has dropped 335.88 points or 1.2 percent to 26,732.84, while the S&P 500 is down 74.99 points or 1 percent at 7,668.42 and the Dow is off by 392.34 points or 0.8 percent at 51,436.28.