Let's look at the straight dope on why these three stocks tanked.
Wall Street ends with losses moving from its record highs, but oil settled higher amid a potential OPEC deal on Wednesday.
Oil prices settled higher Monday on hopes an agreement to cut output could be reached at an OPEC meeting on Wednesday. However, stocks close lower, paring previous gains.
Oil prices rise Monday on hopes an agreement to cut output could be reached at an OPEC meeting this week. Stocks trade lower.