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Global markets follow oil's lead

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US stock market edged higher on Wednesday following a recovery in oil prices late in the session. The dollar pared earlier losses and according to the live dollar index the ICE US Dollar index, a measure of the dollar’s strength against a basket of six currencies, ended little changed at 97.484. The Dow Jones Industrial Average gained 0.3% settling at 16484.99, United Technologies and Apple were the best performers up 2.2% and 1.5% respectively. The S&P 500 added 0.3%. Recovery in

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