The Nasdaq led losses, dropping 2.4% to 14,212,40.
The S&P 500 fell 1.5% to 4,290.10 and the Dow Jones Industrial Average was down 1.1% to 33,938.92.
Crude oil jumped 2.8% to $77.99.
The price of gold was up 0.7% to $1,770.10.
The yield on a 10-year Treasury increased 0.8% to 1.477%.
Lake Forest-based STAAR Surgical Company (Nasdaq: STAA) led losses among OC firms Monday, with shares down 8% to $117.48 and a $5.6 billion market cap. Shares in the implantable lens maker are trading at less their average daily volume, and are down more than 25% in the past month.
Alteryx Inc. (NYSE: AYX) decreased 6.8% to $69.01 and a $4.6 billion market cap. Shares in the Irvine-based software provider of data analytics are near the 52-week low of $66.66, and have dropped about 41% since the start of the year.