Stocks tumble after Saudi oil attack hits demand for risky assets

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The Dow Jones industrial average, S&P 500 index, and Nasdaq composite all fell during US trading on Monday.

Stocks fell on Monday amid a spike in oil prices following a drone strike on two of Saudi Arabia's key production facilities. The rally sent investors fleeing equities in favor of safe haven assets like gold and US Treasurys. General Motors fell as much as 5% after the United Auto Workers launched its first strike in 12 years. Visit the Markets Insider homepage for more stories.

Stocks fell on Monday amid a spike in oil prices following a drone strike on two of Saudi Arabia's key production facilities. The rally sent investors fleeing equities in favor of safe haven assets like gold and US Treasurys. General Motors fell as much as 5% after the United Auto Workers launched its first strike in 12 years. Visit the Markets Insider homepage for more stories.

 

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