US stocks finished lower on Monday, amid a historic selloff in the oil market.
US oil futures settled in negative territory for the first time in history as demand for the commodity remains thin and storage capacity in the US is at its limit. The May futures contract is also about to expire, which made trading more erratic.
Here's where things stand:
- The Dow closed 2.5%, or 592 points, lower. It was the worst day for the index since April 1.
- The S&P 500 finished down 1.8%.
- The Nasdaq Composite closed 1% lower.
Remember: As stocks settle after the trading day, levels might still change slightly.