Markets follow oil's lead

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    US stocks ended lower on Monday as oil prices pulled back after last week’s rally. The dollar weakened as traders booked year-end profits. Live dollar index data indicate the ICE US Dollar Index, a measure of the dollar’s value against a basket of six major currencies, edged lower 0.02% to 97.96. The Dow Jones Industrial Average closed 0.1% lower at 17,528.27 after falling as much as 115 points earlier, and the Nasdaq Composite declined 0.2%. The S&P 500 lost 0.2%, with energy shares, down

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