Claman on Call: Red All Across the Markets

It was red across the board Monday. The Dow and S&P 500 alternated between gains and losses for eight-straight days. This is the longest stretch of back-and-forth action for the S&P in two year and six months for the Dow.

The Russell 2000 briefly hit a new all-time high before falling back into the red ahead of the close. The Dow Transports fell nearly 2% Monday -- this is the steepest drop for the transportation average since Jan. 30.

Oil was up for a second consecutive day, the first such gain in nearly three weeks. Oil closed at nearly a two-week high at $47.45.

And breaking news just before the last hour of trade -- the NFL made two big announcements. First, the NFL said it would broadcast one game over the Internet.  The lucky game -- a week seven match-up between the Buffalo Bills and the Jacksonville Jaguars, in London. Also, the football league is ending its blackout policy for the 2015 season. NFL team owners voted for a one-year suspension of the long-standing policy.

Coming up Tuesday, St. Louis Fed President James Bullard will be speaking at 6 a.m. ET with the ECB vice president in London. We also have consumer price index numbers at 8:30 a.m. ET and new home sales at 10 a.m. ET.

Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.