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Does Oil Dictate Stocks’ Performance?

Monkey see, monkey do. Today’s article explains why when oil has a bad day, stocks aren’t too far behind. Here’s what they had to say, “Stocks and crude oil have been glued at the hip in 2016 — for better or worse. It was a scary linkage last week when oil prices plummeted to $26 a barrel, dragging the S&P 500 to levels unseen since April 2014. But then oil spiked a ridiculous 23% late last week, carrying stocks sharply higher.” To read more, CLICK HERE.