CNBC | Dow drops 300 as oil falls; gold surges 3% CNBC U.S. stocks fell sharply on Monday as falling oil prices, U.S. rate increase worries and a weak overseas backdrop weighed on investors. Crude prices resumed their downward trajectory, with WTI falling 2.8 percent, or 88 cents, to $30.01 a barrel. Last ... Dow plunges 250, Nasdaq down 2% as oil, Fed weigh U.S. stocks set to drop as oil sinks to $30 |