Business Highlights

The Dow Jones industrials fell 187 points Monday, their biggest drop since April 20. All the major market indexes fell more than 2 percent.

Trading volume was light, suggesting an absence of buyers rather than a flood of sellers rushing to dump stocks, but the pullback nonetheless was another sign that the market's spring rally has stalled.

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Gas prices rise for 48th day as oil sells off

COLUMBUS, Ohio (AP) — Gas prices rose Monday for the 48th straight day, matching a record going back to at least the 1970s, with prices now up nearly two-thirds since the beginning of the year even as demand from motorists remains weak.

Yet the oil prices that influence what you pay at the pump are taking a breather from a three-month rally, with benchmark crude for July delivery falling $1.42 to settle at $70.62 a barrel on the New York Mercantile Exchange. Crude prices have fallen nearly 3 percent over the past two trading days.

The good news for consumers is that gasoline prices may be peaking in the next couple of days.