https://apnews.com/0e729d94f9184540b823e6ed919b72c8

U.S. stocks moved broadly lower in early trading Monday, weighed down by losses in technology companies and banks. Consumer-focused companies and media and communications stocks also took losses. Crude oil prices were headed higher, snapping a 10-day skid, after Saudi Arabia said it planned to cut its output.

KEEPING SCORE: The S&P 500 index dropped 21 points, or 0.8 percent, to 2,759 as of 10 a.m. Eastern Time. The Dow Jones Industrial Average fell 179 points, or 0.7 percent, to 25,809. The Nasdaq composite slid 106 points, or 1.4 percent, to 7,300. The Russell 2000 index of smaller companies gave up 7 points, or 0.5 percent, to 1,542.