U.S. Stocks Under Pressure As Crude Oil Prices, Treasury Yields Surge

(RTTNews) - Stocks have moved mostly lower during trading n Monday, giving back ground after ending last week's trading on an upbeat note. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way. Currently, the major averages are just off their lows of the session. The Nasdaq is down 335.88 points or 1.2 percent at 26,732.84, the S&P 500 is down 74.99 points or 1 percent at 7,668.42 and the Dow is down 392.34 points or 0.8 percent at 51,436.28. The weakness on Wall Street comes amid a substantial rebound by the price of crude oil, which has been a key driver of trading in recent sessions. U.S. crude oil futures are surging by nearly 3 percent after tumbling by 2.