(Bloomberg) -- Crude oil was little changed in New
York after falling from an 11-month high yesterday as investors
reduced positions on speculation a report today may show the U.S.
economy expanded less than forecast in the second quarter.
U.S. equity markets dropped the most in four months
yesterday after reports showed orders for U.S.-made durable goods
unexpectedly fell for a second month and house sales
declined more than forecast. Oil prices slumped as much as $2.64
a barrel after earlier reaching the highest price since Aug. 9.
Read more at Bloomberg Energy News
York after falling from an 11-month high yesterday as investors
reduced positions on speculation a report today may show the U.S.
economy expanded less than forecast in the second quarter.
U.S. equity markets dropped the most in four months
yesterday after reports showed orders for U.S.-made durable goods
unexpectedly fell for a second month and house sales
declined more than forecast. Oil prices slumped as much as $2.64
a barrel after earlier reaching the highest price since Aug. 9.
Read more at Bloomberg Energy News
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