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Broader Market Might Have Pushed Oil Higher

Robert Scott
Broader Market Might Have Pushed Oil Higher

What's Impacting Your Energy Portfolio Gain?(Continued from Prior Part)## US equity indexesOn January 3–10, US equity indexes had the following correlations with US crude oil February futures: * the S&P Mid-Cap 400 (IVOO): -42.1% * the S&P 500 (SPY): -42% * the Dow Jones Industrial Average (DIA