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01Nov2016 Market Close: DOW Closes Down Triple Digits, US Dollar Continues To Fall, Investors Still Battling With A So, So Economy, Short-Term Indicators Moderately Bearish, But Some Analysts See Hopium In The Tea Leaves

Tuesday, November 1, 2016 13:33
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Written by Gary

Wall Street closed sharply lower after a choppy session (SPY -0.7%), but off its session lows. WTI crude settled higher in the mid 46′s, gold is volatile at 1290 and the US dollar off session lows, settling at 97.78. The S&P 500 touched a nearly four-month low, amid growing concern over the impending U.S. presidential election and prospects for higher U.S. interest rates.

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