Nasdaq Enters Correction Territory After 1% Decline

S&P 500, Dow also fall about 1%. Shares of Morgan Stanley, Bank of America rise on strong earnings reports. Procter & Gamble reports strong revenue, says customers are undeterred by higher prices. Oil prices hit highest level since 2014. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices