Wall Street drops as oil traders cannot give away U.S. crude

Wall Street drops as oil traders cannot give away U.S. crude

(Reuters) – Wall Street tumbled on Monday after U.S. crude futures turned negative for the first time ever, with traders forced to pay to unload crude as the May contract expired during a global economic slump unleashed by the coronavirus outbreak. The S&P energy index .SPNY tumbled 3.7% after the front-month May U.S. West Texas […]