Stocks turned lower in afternoon trading on Wall Street Monday as crude oil prices slumped and bond yields eased lower.
The S&P 500 fell 0.4% as of 12:27 pm Eastern.
The Dow Jones Industrial Average fell 271 points, or 0.8%, to 34,591 and the Nasdaq fell 0.3%.
Technology stocks were among the biggest weights on the market. Companies in the sector tend to push and pull the broader market more forcefully because of their pricey valuations.
Chipmaker Intel fell 2.2%.
Energy companies had some of the biggest losses as crude oil prices fell sharply. Exxon Mobil fell 2.6%.
US crude oil slumped 5.2% and Brent crude, the international standard, fell 5%.
