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23Mar2017 Market Close: Stocks Reversed Lower After GOP Health Worsened, Gold And Oil Followed Stocks But Dollar Rallied

Thursday, March 23, 2017 13:57
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(Before It's News)

Written by Gary

U.S. stocks reversed gains to close lower on Thursday, after GOP House leaders delayed their planned vote on a bill to repeal and replace parts of Obamacare. WTI crude oil closed at $47.70, down $0.34 (-0.7%), as high US stockpiles pushed prices near 4-month lows. Gold was lower ($1,245.29) after hitting a high of $1,253.12. U.S. dollar index rallied 0.11% to 99.78.

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