Stocks fell sharply on Monday as investors cashed in some of the historically strong gains logged in November.The 30-stock Dow Jones Industrial Average dropped 422 points, or 1.4%. The S&P 500 slid 1.1%, and the Nasdaq Composite traded lower by 1.3%.Salesforce and Boeing led the Dow lower, falling 3.7% and 3.5%, respectively. Energy and consumer discretionary were the worst-performing sectors in the S&P 500, sliding 3.5% and 1.9%, respectively. Market sentiment took a hit after Reuters reported that the Trump administration is weighing blacklisting Chinese leading chipmaker SMIC as well as national offshore oil and gas producer CNOOC. The move would limit their access to American …
