Latest News About Oil surge fuels market slide, S&P falls fast

U.S. stocks began down this morning Monday.

Oil prices shot up and Iran rumors added to the concern in the sector.

The S&P 500 slid quickly while traders reacted.

Tech stocks pulled the market lower as earnings lagged.

The Dow notched a modest rise but most shares were flat to lower through the session.

Traders think earnings will reveal whether big tech and consumer stocks can recover in the coming days as market sentiment improves.