Banks and consumer-focused companies and media and communications stocks also took heavy losses Monday.
The S&P 500 index dropped 43 points, or 1.6 per cent, to 2,737 as of 1:07 pm Eastern Time. The Dow gave up 2.3 percent to 25,387.18. The Nasdaq Composite closed just along the flatline at 7,200.87. The Russell 2000 index of smaller companies gave up 15 points, or 1 per cent, to 1,534. The S&P 500 shed 2%.
The Dow is up 667.96 points, or 2.7 per cent.
Apple stock slid 4.4 percent after Lumentum Holdings, which makes technology for the iPhone's face-recognition function said one of its largest customers asked the company to "materially reduce shipments" for its products.
The Russell 2000 is down 20.71 points, or 1.3 percent.
US-CHINA TRADE: Markets in Shanghai and Hong gained after the South China Morning Post newspaper reported Chinese President Xi Jinping's top economic adviser, Vice Premier Liu He, might visit Washington ahead of Xi's planned meeting with U.S. President Donald Trump.
Apple Inc, a component of the Dow tumbled almost 4% after Lumentum Holdings Inc (one of its primary suppliers) trimmed its fiscal 2019 second-quarter top and bottom line forecast.
Migrant caravan groups arrive by hundreds at border
Just the prospect of the arrival of large numbers of Central Americans already has fueled opposition of some Tijuana residents. Several Border Patrol agents in San Diego watched them through the barrier separating the U.S. and Mexico .
Nancy Pelosi's Democratic Foes Prepare To Go Public
Though she flirted with the idea of taking on Pelosi herself, she emphasized that she is looking for someone else to step forward. As minority leader, McCarthy will become the most visible face of opposition to the incoming Democratic majority.
Arizona Cardinals Week 10 defensive snaps and takeaways
Mahomes finished 21-of-28 passing for 249 yards passing, ending a streak of eight-straight games with 300 yards passing. The Chiefs have benefited from playing with the lead, on occasion a sizable one, in many of their games.
The stock market was coming off a two-week winning streak for the benchmark S&P 500. London's FTSE 100 added 0.3 percent to 7,073.
"We could see a reflex in global growth that could prompt slightly higher oil prices but I would say oil is certainly facing plenty of headwinds when you look at that supply and demand dynamic and I don't think that's going to change in the immediate future". The U.S. and China have raised tariffs on billions of dollars of each other's goods.
Oil prices rose about 1 percent on Monday, breaking a stretch of losses, after Saudi Arabia said OPEC and its partners believed demand was softening enough to warrant an output cut of 1 million barrels per day next year. Saudi Arabian energy minister Khalid al-Falih said Sunday that the kingdom will reduce exports by around 500,000 barrels a day from November to December.
Brent crude futures were up 70 cents at $70.88 a barrel, following four sessions of losses.
"The valuation in tech sector could potentially go lower and the semiconductors are really going to weigh in the near-term, especially with the fresh releases in numbers and the China situation", said Lindsey Bell, investment strategist at CFRA Research in NY. The euro rose to $1.1252 from $1.1218.
CURRENCIES: The dollar strengthened to 113.85 yen from 113.80 yen on Friday.
Peterman's turnover-over prone days with the Bills are over after the second-year quarterback was cut by the team on Monday. A defense that had been keeping the Jets in games fell apart, allowing the NFL's lowest-scoring offense to run rampant.
They have a running back who doesn't care about his salary, and just the love of the game, who is setting records left and right. But with Ben Roethlisberger absolutely rolling, the Steelers didn't need a big night from the young running back.
TMZ is citing law enforcement sources for their claim that a woman filed a felony domestic violence report against the attorney. I look forward to being fully exonerated", he said. "Ms Storie-Avenatti was not subject to any such incident on Tuesday night".
Singles' Day had topped $6.5 billion in sales 20 minutes into its 11/11 event, which kicked off at midnight on Sunday in Shanghai. The opening of 11.11 global shopping event was enlivened by performances featuring Mariah Carey, Cirque du Soleil and many more.
The county was devastated by a Category 4 hurricane in October, and Scott ordered some special provisions for early voting there. Unless the machine recount uncovers some unexpected anomalies, the key moment will probably be the hand recount in Broward.
Mr Trump arrived separately in his own vehicle and was subjected to a female protester running out towards the procession of cars. The military and the soldiers within it are one of Donald Trump's favourite topics when addressing a crowd.
Mrs Clinton, herself, has been coy on the subject. "I think they want to run against Bernie Sanders or Elizabeth Warren". Mike Bloomberg will support her rather than run, and Joe Biden will never be able to take her on.
Saudi Arabia announced plans on Sunday to cut shipments by half a million barrels per day in December. Global oil prices tumbled into a bear market last week, down more than 20% from their recent peak.
What does the decision tell us about the United States economy? "Crystal City had a negative connotation for 30 years", Gast said. The city of Stonecrest, Georgia offered to change its name to Amazon in an attempt to attract the online retail behemoth.
Trump Picks Retired General for Ambassador to Saudi Arabia
Erdogan added: "The crown prince says, 'I will clarify the matter, I will do what is necessary.' We are waiting patiently". According to the Istanbul prosecutor, he was strangled to death and dismembered shortly after entering the consulate.
Gerard Butler Loses Home in California Wildfire
The third fire, Northern California's Camp fire, is the most destructive in state history and one of the deadliest . The small town of Magalia, where Wiley lived, and neighboring Paradise were devastated by the blaze.
Protests Erupt Outside of Broward County Elections Office
Scott's campaign countered with accusations that Nelson's lawsuit is all about allowing for the counting of fraudulent votes. Early voting and vote-by-mail ballots must be counted within 30 minutes after polls close, under Florida law.