Tuesday, 1 March 2016

S&P 500 Slides Below Closely Watched Threshold

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Wall Street ended lower on Monday, falling out of lockstep with oil prices as energy and healthcare shares lost ground. 


US indexes gave up early gains despite a 3 percent rally in US oil prices. Stocks and oil have been strongly correlated in recent months as crude prices tanked to decade lows, and their movements in opposite directions during the session was notable to investors.

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