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Stocks plunge on Italy's political uncertainty



Italian President Sergio Mattarella decides on Sunday to block the formation of a Euroskeptic Government, revealing longstanding worries about a crisis in the Eurozone and the broader stability of the Eurozone, according to Dow Jones Newswires.

The Dow fell on Friday as a fall in oil and a scuttled summit with North Korea made investors wary on the eve of the three-day Memorial Day weekend. Change % Chg I: DJI DOW JONES AVERAGES 24552.49 -200.60 -0.81

% SP500 S & P 500 2700.88 -20.45 -0.75% I: COMP NASDAQ COMPOSITE INDEX [19659010] 7392.4232 -41.43 -0.56%

On Tuesday, the S & P Case-Shiller reports on home prices.

Oil futures were sharply lower on Tuesday as traders digested the potential for Saudi Arabia and Russia to boost oil output.

Fox Business' Ken Martin contributed to this article


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