Wall Street followed oil prices lower Monday. The price of US crude has fallen below zero for the first time in history. Trading as low as just over minus-40-dollars per barrel before settling at -$37.63. A plunge from Friday’s already anemic close of $18.27.
The Dow closed -2.44% lower. Down -592 points at 23,650.
The Nasdaq ended the day -1.03% lower. Down -89 points at 8,561.
And the S&P 500 lost -1.79%. Dropping -51 points to end trading at 2,823,
How low are gas prices in your area? Do you think that they’re still too high? How low do you think they’ll go? How long will US oil remain in negative territory?