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U.S. Stocks Slip as Crude Gains on OPEC Outlook


Monday, 18 June 2018 23:53 WIB

Standard & Poor's 500Saham AS


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The S&P 500 slipped following declines in Europe and Asia amid concern over the escalating protectionist standoff between China and the U.S. Oil gained before a key OPEC meeting this week.

The S&P 500 fell 0.3 percent as of 12:10 p.m. in New York. U.S. equity gauges came off their lows of the day as energy shares advanced along with software makers.

The Stoxx Europe 600 Index posted its biggest two-day decline since March and Japan’s Topix Index fell the most in almost three weeks. Crude climbed as producers were said to discuss a smaller-than-expected boost to production. Treasury yields fluctuated after trading near the lowest level this month.

Source : Bloomberg


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