New York-NYMEX June crude futures April 27 settled $1.41 lower at $50.14/barrel, as fears of a flu pandemic sent equity markets falling, while the US dollar firmed as a safe haven investment. The Dow Jones Industrial Average briefly turned positive, but concerns about earnings and the possible effect a pandemic could have on an already fragile global economy kept downward pressure on the indexes. The DJIA was down about 70 points at 8,006.2 at the end of NYMEX open outcry.
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