U.S. stocks ended sharply lower on Monday, booking their worst trading session on the eve of Christmas in history. The Dow Jones Industrial Average dropped 653.17 points, or 2.91%, to 21,0792.20. The S&P 500 fell 65.52 points, or 2.71%, to 2,351.10. The Nasdaq Composite declined 140.08 points, or 2.21%, to 6,192.92.
Crude-oil futures settled sharply lower Monday amid nagging concerns about global crude output and fears of an economic slowdown internationally that may erode demand. February West Texas Intermediate fell $3.06, or 6.7%, to $42.53 a barrel. February Brent declined $3.35, or 6.2%, to end at $50.47 a barrel.
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