17-12-2015 22:51 via news.yahoo.com

Equities drop on energy weight; dollar climbs

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks led a decline in most equity markets around the globe on Thursday, a day after the Federal Reserve's first interest rate hike in nearly a decade, as continued pressure on oil weighed on the energy sector. The long-expected but modest increase in the federal funds rate also boosted the dollar to a fresh two-week high against a basket of major currencies, while Wall Street snapped a three-day rally. Brent and U.S. crude oil prices fell and rema
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