Global stocks snap winning streak as oil pressure returns
By Marc Jones LONDON (Reuters) - World stocks ended three days of gains on Tuesday as lacklustre global economic data led to another slump in oil prices. Oil fell 5 percent after dropping as much as 7 percent the previous session, and the glum macro mood left Wall Street set for 0.9 to 1.1 percent declines after losses in both Europe and Asia. Oil fell after BP announced its biggest loss in 20 years and plans to cut thousands of jobs, Exxon Mobil reported its profits plummeted and S&P cut th
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