While you were sleeping: Wall St falls, Treasuries rise

Wed, 13 Jan 2016

By Margreet Dietz Jan. 14 (BusinessDesk) - Wall Street declined, while US Treasuries rose, after oil gave up earlier gains as a US report raised fresh concerns about the global glut. Oil pared earlier gains after an Energy Information Administration report showed US crude inventories rose 234,000 barrels to 482.6 million last week, while supplies in Cushing, Oklahoma rose to a record of 64 million. Gasoline stockpiles jumped a higher-than-expected 8.4 million barrels to 240 million barrels, the highest since February, while distillate...

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