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Dow drops 250 after oil falls back toward $30

2016-02-02 23:16:02| Chemicals - Topix.net

Stocks tumble as the Dow drops 250 after oil falls back toward $30 Increasingly the trading motto on Wall Street is: 'As oil goes, so goes the U.S. stock market' Check out this story on wtsp.com: http://usat.ly/1WZPyoy Traders work on the floor of the New York Stock Exchange on Feb. 1, 2016 Stocks were trading sharply lower in early trading Tuesday, with the Dow down more than 250 points after another selloff in the oil patch puts energy shares on the defensive and risk-taking on hold on in what has been a difficult start to 2016. Increasingly, the trading motto on Wall Street is: 'As oil goes, so goes the U.S. stock market.'

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