Late-day swoon sinks US stock indexes
Stocks are ending sharply lower after a late-afternoon slide.
The losses extended a downturn in the market last week which gave indexes their worst weekly performance in more than two years.
The Dow Jones industrial average slumped 222 points, or 1.4 percent, to close at 16,321 Monday.
The Standard & Poor's 500 index fell 31 points, or 1.7 percent, to 1,874. The Nasdaq fell 62 points, or 1.5 percent, to 4,213.
Energy stocks fell nearly 3 percent, much more than the rest of the market. Investors have been dumping those stocks as the price of oil continues to fall.
The price of oil has been slumping as fears of waning demand grow even as production remains high.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Capital area prepares for St. Patrick's Day Parade
Student, worker arrested after fist fight between at local high school
Police: Man shot by deputy was having 'psychotic break', linked to nearby...
Video shows fist fight between student, worker at local high school
Visitation for fallen officer Chris Lawton