Higher Crude Oil Prices Still Not Negative For U.S. Equities.
The partial contribution of higher crude oil prices to U.S. equities remains positive; this is because other factors are putting more significant downward pressure on stocks.
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Market Facts — June 27, 2008
Higher Crude Oil Prices Still Not Negative For U.S. Equities. The partial contribution of higher crude oil prices to U.S. equities remains positive; this is because other factors are putting more significant downward pressure on stocks.