Wednesday, 27 May 2020
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U.S. stocks set to drift lower as oil's surge takes a pause

U.S. stock indexes were on track to drift lower Tuesday morning, a day after an attack on major oil-processing facilities in Saudi Arabia sparked sparked fears over oil supplies, driving domestic crude futures to the sharpest single-session rally since the 2008 financial crisis.

Futures for the Dow Jones Industrial Average were off 47 points, or 0.2%, at 27,032, those for the S&P 500 were down 4 points at 2,997.50, a decline of 0.1%, while Nasdaq-100 futures gave up 13.75 points, or 0.2%, to reach 7,865.75.

Source: Marketwatch

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