Cancellation of Korea summit sends stocks on bumpy ride

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Cancellation of Korea summit sends stocks on bumpy ride

May 24th 2018, 23:26, by By Marley Jay The Associated Press

NEW YORK >> U.S. stocks finished mostly lower Thursday as energy companies skidded along with oil prices. The market dropped after President Donald Trump said he canceled a meeting with North Korean leader Kim Jong Un, but recovered most of those losses.

Crude oil futures and energy companies fell as investors reacted to reports that OPEC nations may start producing more oil.

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