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Crude Oil Prices and the S&P 500 Declined on May 31

Gordon Kristopher
Crude Oil Prices and the S&P 500 Declined on May 31

The S&P 500 fell ~0.7% to 2,705.27 on May 31. The US government decided to impose taxes on metal imports from Canada, Mexico, and the European Union. The expectations of retaliatory measures from some of the trading countries pressured the S&P 500.