Oil Waxed and Waned on European Uncertainty
LorieFuller31Wall Street slumped in early trading session amid concerns about the increase in difficulty in handling the sovereign debt crisis in the Eurozone after French and Greek elections. Shares recovered later in the day as European bourses rebounded. The DJIA and the S&P 500 indices ended the day at -0.23% and +0.04% respectively. In the commodity sector, crude oil initially plummeted but then rebounded to close almost flat.
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Oil Waxed and Waned on European Uncertainty
