Stocks fell sharply on Monday, giving back all of their sharp gains from Friday, amid uncertainty over a $700 billion plan to take the bad assets off of ailing financial firms' balance sheets to stem the year-long credit crisis. Adding to the market's woes, crude oil futures saw a surprise jump of nearly $25 to briefly trade at $130 a barrel, shortly before closing at $120.92, up $16.37 on the New York Mercantile Exchange. The Dow Jones Industrial Average ($INDU:11,015.69, -372.75, -3.3%) fell 373 points, or 3.3%, to end at 11,015. The S&P 500 index ($SPX:1,207.09, -47.99, -3.8%) lost 48 points, or 3.8%, to close at 1,207, while the Nasdaq Composite (COMP:2,178.98, -94.92, -4.2%) fell 94 points, or 4.2%, to end at 2,178.
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