US benchmark indices fell as Federal Reserve officials continued to call for more rate hikes, sapping investor sentiment, while crude oil futures failed to hit bottoms as Saudi Arabia reportedly dismissed speculation OPEC about production cuts discuss.
The Nasdaq Composite fell 1% to 11,034.6, with the S&P 500 down 0.6% to 3,941.2 and the Dow Jones Industrial Average down 0.4% to 33,613.4 after midday Monday. Energy, consumer discretionary and technology were the steepest…
