Crude Slumped as US Sells Strategic Reserve for Funds

Investors turned cautious after receiving a series of disappointing US macroeconomic data and earnings results. The soft sentiment was only mildly offset by the confirmation that the US Congress will vote today on a debt ceiling deal that would extend the Treasury's borrowing authority through to March 2017. Wall Street weakened with DJIA and S&P 500 indices losing -0.24% and -0.26% respectively.

from Oil N' Gold Focus http://ift.tt/1PTwMNJ