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SHARECAFE COMMENTARY

Tuesday At The Open
BY JULIANA ROADLEY - 06/02/2018

US sharemarkets fell again on Monday as traders debated how low prices needed to fall to attract fresh buying interest. The energy sector fell the most in line with a lower oil prices. Shares in Wells Fargo fell 9.2% after the Federal Reserve slapped new sanctions on the bank. At the close of trade the Dow Jones was down by 1,175 points or 4.6% after falling by 1,597 points in afternoon trade. The S&P 500 index fell by 4.1%. And the Nasdaq was down by 273 points or 3.8%.




 

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