The Traderszone Network

Published in TZ Latest News 13 January, 2016 by The TZ Newswire Staff

Major Index ETFs Reverse Hard

Major index ETFs sold off sharply Wednesday after the release of official weekly data showing growing stockpiles of crude oil and gasoline. West Texas intermediate and Brent crude oil futures touched below $30 a barrel before settling higher. Anxiety about slowing economic growth in China and its impact on demand are weighing heavily on the commodity.

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