"Stocks Slide as Oil Prices Surge: Live Updates"

Stocks fell at the start of the week due to a rise in oil prices after Saudi Arabia extended its voluntary oil production cuts, with the Dow Jones Industrial Average losing 80 points. However, Goldman Sachs cut its recession odds to 15% and predicted that the Federal Reserve would skip a rate hike this month. Despite September historically being a weak month for equities, technical indicators and recent market momentum suggest that it may not be as bad as expected. In other news, Barclays upgraded Oracle to overweight, and UBS expects "clear signs of slowing" for the US economy by November's FOMC meeting.