While you were sleeping: Stocks, oil, dollar slip

Thu, 29 Dec 2016

By Margreet Dietz Dec. 30 (BusinessDesk) - Equities, oil and the US dollar weakened as investors took some profits in year-end trading. Wall Street eased. In 12.48pm trading in New York, the Dow Jones Industrial Average slipped 0.1 percent, while the Nasdaq Composite Index fell 0.2 percent. In 12.34pm trading, the Standard & Poor’s 500 Index retreated 0.1 percent. Investors are “taking profits and some risk off the table,” Mike van Dulken, head of research at Accendo Markets in London, wrote in a note, according to Bloomberg. In t...

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