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US stocks fall sharply as oil weighs

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Córdoba) - US stocks fell sharply on Friday and posted its largest daily decline in more than two months pressured by oil prices slump, which scored fresh 6-year lows near $35.00 a barrel.

    The Dow Jones Industrial Average lost 310.1 points, or 1.76%, to 17,264. The S&P 500 fell 39.9 points, or 1.94%, to 2,012. The Nasdaq Composite shed 111.7 points, or 2.21%, to 4,933.

    Next week, the Federal Reserve will decide on monetary policy, with a rate hike expected for first time in nearly ten years, being the keynote event of the week.
    For more information, read our latest forex news.

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