Stock Market Wrap-Up: 3 Big Stock Winners From Negative Oil Prices
Stock markets fell on Monday, reacting to disruptions that have stemmed from the economic reactions to the coronavirus pandemic. In particular, the near-standstill in industrial activity has dramatically reduced demand for energy, and the glut of production has led to the unprecedented situation in which near-month futures contracts are trading at negative prices.
The Dow Jones Industrial Average (DJINDICES: ^DJI) proved most sensitive to the ramifications of that turmoil, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) also saw losses.
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Source Fool.com
