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11Jan2017 Market Close: Wall Street Closes Higher, Crude Settles At The 52 Handle While The US Dollar Slips Significantly, Investors Remain Skeptical On The Trump Rally Continuing

Wednesday, January 11, 2017 14:38
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Written by Gary

US stock indexes closed higher with the DOW almost reaching 100 points while the Nasdaq trailed closing up at +0.2%. Crude prices rose by the most in over a month, as the U.S. dollar weakened following the Trump news conference. Bitcoin collapsed below the $800-level, after China’s central bank said it was launching spot investigations.

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