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Is Wall Street Impacting Oil Woes?

Robert Scott
Is Wall Street Impacting Oil Woes?

On December 20–27, US equity indexes had the following correlations with US crude oil February futures: the S&P Mid-Cap 400 (IVOO): 88.4% the S&P 500 (SPY): 86.5% the Dow Jones Industrial Average (DIA): 86.5%