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Oil stocks fall hard as Wall Street chases a smarter trade

8h

It was a dramatic day on Wall Street on April 17, and the biggest story was not the market rally it was what investors chose to abandon. After Iran confirmed that the Strait of Hormuz would remain open during the Israel Lebanon ceasefire, traders wasted no time rethinking their positions. Oil prices dropped sharply, and […]

The postOil stocks fall hard as Wall Street chases a smarter tradeappeared first onRolling Out.

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