Stocks head back toward session lows. The S&P 500 is now down more than 1% and only the energy sector (+2.3%) remains in the green.
The Dow is outperforming on a relative basis thanks to strength in energy company Chevron (CVX
71.70, +1.69). Crude prices are trading slightly below their
preinventory report levels with a gain of 5.7% at $66.30 per barrel.