Midday Report: 'Zootopia' Tops Box Office; Stocks Mixed on Crude

U.S. stocks remained under pressure as crude resumed its downward slide on Monday. Oil fell after Iran said it would not participate in negotiations with OPEC over a potential production freeze. OPEC members and non-member Russia are unlikely to agree to a freeze unless all countries are on board. A Chinese firm is reportedly looking to purchase Strategic Hotels & Resorts from Blackstone Group (BX) for $6.5 billion. Blackstone only completed its acquisition of the company three months ago. The Fresh Market (TFM) rocketed higher after Apollo Global Management (APO) agreed to purchase the grocery retailer for a generous premium. Walt Disney's (DIS) 'Zootopia' topped the weekend box office for a second week in a row, generating $50 million in North America. TheStreet's Keris Lahiff has details from Wall Street.