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Copper has been on a mostly upward trajectory since touching five and a half year lows in January. London Metal Exchange data showed copper stocks fell to 327,800 tonnes. The metal was widely tipped to move into significant surplus this year, but this ... Read more...
ENERGY: Oil and gas stocks were among the biggest decliners as the price of oil fell sharply. Benchmark U.S. oil dropped $1.69, or 2.8 percent, to close at $58.03 a barrel on the New York Mercantile Exchange. Transocean, Valero Energy and Allegheny ...and more » Read more...
That, in turn, pushed down the stocks of companies which do business in those commodities, such as copper and gold miners, or do most of their business outside the U.S. Industrial, oil and gas, and material sector companies were all broadly lower.and more » Read more...
That pushed down the stocks of companies that do business in those commodities, such as copper and gold miners, or do most of their business outside the United States. Industrial, oil and gas, and material sector companies were broadly lower. Aside ... Read more...
The euro dropped after Greece asked creditors to compromise on demands that are holding up bailout funds. Emerging-market stocks fell amid the outlook for higher U.S. interest rates, while gold and natural gas declined. The 19-nation euro lost 0.3 ... Read more...