Financial Markets Slumped on EZ Crisis, US' Healthcare Reforms

The first day of the EU summit contained few surprises and financial markets treaded water amid ongoing worries over the sovereign debt crisis in the Eurozone. Wall Street declined with the DJIA and S&P 500 indices losing -0.20% and -0.21% respectively. In the commodity sector, crude oil prices slumped with key support breached. The front-month contract for WTI crude oil plunged to as low as 77.28 before ending the day at 77.69, down -3.14% while the equivalent Brent crude contract slipped to 90.88 before setting at 91.36, down -2.29%.

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Financial Markets Slumped on EZ Crisis, US' Healthcare Reforms

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