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09Jan2017 Market Update: Wall Street Mixed, Crude Prices Keep Falling, US Dollar Firming Higher, Trump Effect May End On January 20

Monday, January 9, 2017 12:33
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Written by Gary

Wall Street mixed with tech-heavy Nasdaq in the green (+0.4%)and the DOW (-0.3%) and struggling to keep afloat. Oil turned sharply lower Monday as the number of rigs operating in the U.S. continued to increase. The dollar index was higher. A stronger dollar weakens demand for oil.

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