NEW YORK (AP) — A steep fall in commodity prices pulled down energy and mining stocks for a second day on Monday. The Dow Jones industrial average dropped more than 200 points, putting it on course for its worst loss since February.
Gold plunged below $1,400 an ounce for the first time in two years as a sell-off in metals continued from last week. Oil prices hit their lowest level since mid-December.
"I think you're getting some panic selling right now" in the gold market, said Frank Fantozzi, CEO of Planned Financial Services, a wealth management firm.
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