https://apnews.com/83fb863d960f24c9031436bb53ea7259

NEW YORK (AP) — Stocks fell sharply in morning trading Monday as Wall Street comes off its worst week since winter. The price of oil hit a seven-year high as OPEC stuck with a plan for cautious production increases even as demand for crude increases.

The S&P 500 fell 1.4% as of 11:00 a.m. Eastern. The Dow Jones Industrial Average dropped 383 points, or 1.1%, to 33,941.