SEEKING ALPHA reports:
– U.S. stocks sank at the close as oil rose after China orders its state-owned energy companies to bolster oil reserves. Meanwhile, negotiations continue in Washington over an infrastructure package and supply bottlenecks persist globally.
– The session had started with some upward momentum, but at midday took a sharp leg down, and an even deeper cut at the close. Congress managed to pass a stopgap funding bill to keep the government running …
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Source: The Loadstar