Summary
NEW YORK - Stocks sank Wednesday amid increasing pessimism on Wall Street, shedding early gains after oil prices reached another record high and a mix of data provided conflicting views on the economy.
The surge in crude prices wiped out the advance that followed the Energy Department's latest inventory report, which showed a strong buildup of heating oil and distillate stocks.See the full content of this document
Extract
Higher Oil Prices Erase Early Gains
Concerns about a drawdown in crude oil and a tropical storm thre...
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