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S&P 500
5,108.60
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1.19%
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US TECH 100
17,293.60
(
1.86%
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Dow Jones
38,315.93
(
0.60%
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Brent Oil
88.34
(
0.21%
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smit01

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smit01

Re: None

Thursday, 11/27/2014 11:08:39 PM

Thursday, November 27, 2014 11:08:39 PM

Post# of 44483
There is a direct correlation to the value of the US dollar and oil price per barrel. OPEC wants a certain amount of profit when they convert the dollar to a different currency. Dollar is strong now and oil price is low. 4 years ago dollar value was low and oil price was high.
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