The Dow traded in last week's record for a triple-digit drop on Monday, while the tech-heavy Nasdaq failed to maintain its midday comeback. The S&P 500 also settled lower, marking its sixth loss in seven sessions despite buzz surrounding the U.S. government's new stake in Intel (INTC). Traders are also anxiously awaiting Nvidia's (NVDA) earnings report, which due out after the close on Wednesday.

OIL MOVES HIGHER ON CONTINUED UKRAINE UNCERTAINTY

Ukrainian attacks and more sanctions out of the U.S. pushed crude prices higher today. September-dated West Texas Intermediate (WTI) rose 1.8%, or $1.14, to settle at $64.80 per barrel.

Gold remained stagnant as traders anxiously eyed personal consumption expenditures (PCE) data, due out later this week. December-dated gold futures were flat at $3,418.50 per ounce for the day.

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