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UBS Director Blames Trump's White House for Dow Jones Sell-Off

UBS Financial Services, the managing director of trading floor operations, has firmly blamed United States President Donald Trump for the stock market volatility Industrial Average sell-off. Veteran stock market traders Cashin blamed the latest government's shutdown and Trump's attacks on the Federal Reserve for the Dow Jones sell-off, telling CNBC: I think we lost maybe a couple of thousand points …

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Oil prices are slipping in the broad market, which outweighs the expected OPEC cutbacks, given a broad sell-off

Oil slipped on Tuesday and was weighed down by broad stock market sell-offs that undercut price support earlier in the day than OPEC was expected to launch new production declines. Brent crude oil futures, the international oil price benchmark, was trading at $ 66.37 a barrel at 0.772 GMT, down 42 cents or 0.6 percent from the last close. US. …

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