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NEW YORK (MarketWatch) — Stocks fell sharply Monday, with financial-sector woes coming back to the fore amid reports of more losses at Lehman Brothers and of a bail-out for mortgage giants Fannie Mae and Freddie Mac.

Summary:

1. U.S stock fall steeply as financials worries return.
2. More losses From Lehman Brothers
3. Bail-out for mortgage giants Fannie Mae and Freddie Mac
4. Need good news from Credit and energy market
5. S&P, Nasdaq push lower.
6. Continued fall out of bad home loans.
7. Threat of Tropical storm hitting oil installation in Gulf of Mexico faded while concerns of lower demand returned.
8. U.S dollar was mostly lower against rivals.

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