U.S. stocks end sharply lower on Monday, as investors fled technology stocks and trade war fears were stoked anew. The Dow Jones Industrial Average shed 458.92 points, or 1.90%, to 23,644.19. The S&P 500 declined 58.99 points, or 2.23%, to 2,581.88. The Nasdaq Composite fell 193.33 points, or 2.74%, to 6,870.12.
U.S. traded crude-oil futures settled sharply lower on Monday, booking their steepest one-session decline since Feb. 9, when it fell 3.2%, according to FactSet data. May West Texas Intermediate crude trading on the New York Mercantile Exchange CLK8, -2.73% settled off $1.93, or 3%, at 63.01 a barrel.
Trump increased his attack on Amazon’s business practices on Saturday, tweeting how the U.S. Postal Service loses money each time it delivers an Amazon package, a statement that others have contradicted. Amazon fell 4.6% on Monday.
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