There was red all over the screen on Tuesday as stocks got slammed, oil got slammed, and Treasuries rallied in a classic risk-off session.

After oil and stocks diverged on Monday — stocks did nothing and oil sank — both oil and stocks fell in tandem on Tuesday.

First, the scoreboard:

• Dow: 16,154, -294, (-1.8%)
• S&P 500: 1,904, -35, (-1.8%)
• Nasdaq: 4,518, -101, (-2.2%)
• WTI crude oil: $29.90, -5.5%

Big oil

Exxon Mobil reported ugly earnings before the market open on Tuesday.

The oil giant — which was at one time the largest publicly-traded company in the world — reported profits of $2.8 billion in the fourth read more >>>

Source : BusinessInsider.Com