Financial Markets Dropped amid Worries over Eurozone Recession

Financial markets declined in early US session after a report showing contraction in the Eurozone. Wall Street gapped down with the DJIA and the S&P 500 currently losing -0.73% and -0.84% respectively. In the commodity sector, the front-month contract for WTI crude oil plunged to 105.5 from above 107.0. Gold extended weakness as the euro slumped.

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Financial Markets Dropped amid Worries over Eurozone Recession

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