Wall Street extends selloff as falling oil weighs

U.S. stocks extended their selloff in early afternoon trading on Tuesday as falling oil prices heightened concerns regarding the health of the global economy and investors sought safer investments. Shares of Exxon fell 2.4 percent after the oil major reported its smallest quarterly profit in more than a decade. "We still haven't broken the correlation between oil and equities and we are yet to find a bottom in oil prices," said Jeff Carbone, co-founder of Cornerstone Financial Partners in Charlo