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Commodity and financial markets are still reeling from the recent drop in oil prices.

12/03/2014

Top Daily News

Crude-oil futures fell Tuesday, giving up part of the prior day’s 4% gain and barely holding above the five-year lows hit Friday.

Commodity and financial markets are still reeling from the recent plunge in oil prices, which have lost 38% of their value since a peak in June.

The dollar remained close to more than four year highs against a collection of other major currencies on Wednesday, after data showing the United States private sector added fewer than expected jobs last month.

United States soybean and corn futures extended sharp losses from the previous session on Wednesday amid expectations for a bumper crop in major South American producers.

A stronger U.S. dollar usually weighs on copper.  Copper prices edged lower on Wednesday.