Stocks fall on tech slide, oil hits highest level since 2014
Stocks fall on tech slide, oil hits highest level since 2014
By DAMIAN J. TROISE and ALEX VEIGA
Stocks fell sharply in afternoon trading Monday as Wall Street comes off its worst week since winter. The price of oil hit a seven-year high as OPEC and allied oil producers stuck with a plan to cautiously raise production even as global demand for crude oil increases.
The S&P 500 fell 1.4% as of 2:20 p.m. Eastern. The Dow Jones Industrial Average dropped 368…