Stocks Ended Sharply Lower, Dragged by Tech

U.S. stocks ended sharply lower on Monday, as a fresh tumble in technology and internet-related shares dragged major benchmarks. The Dow Jones Industrial Average fell 395.78 points, or 1.56%, to 25,017.44. The S&P 500 declined 45.54 points, or 1.66%, to 2,690.73. The Nasdaq Composite dropped 219.40 points, or 3.03%, to 7,028.48.

Oil prices ended higher on Monday, finding support from news that the European Union backs a decision by the French government to sanction Iran nationals linked to a bomb plot in France. December West Texas Intermediate crude CLZ8, +1.26% tacked on 30 cents, or 0.5%, to settle at $56.76 a barrel. January Brent LCOF9, +0.25% added 3 cents, or less than 0.05%, to $66.79 a barrel.

Kroger is investing $55 million to build this first location, which is set to measure 335,000 square feet and generate more than 400 new jobs.