Dow falls over 300 points as oil prices hit new lows

RT.com - The Dow Jones Industrial Average has lost over 300 points as crude oil prices briefly dipped below $50 per barrel thrashing energy stocks on Monday.

As of 1:21 pm ET the Dow fell by 1.82 percent losing 323 points. The Standard & Poor’s 500 Index followed close behind 1.55 percent off losing over 36 points at 1:11 pm ET.  Read more.