Posted AT 4:09 PM EST on 23/09/08
Oil pulls back after record gain
STEVENSON JACOBS
Associated Press
NEW YORK Oil prices pulled back Tuesday after the previous session's wild, record-setting rally, dropping below $107 (U.S.) a barrel as uncertainty over the U.S. financial bailout plan and a stronger U.S. dollar led investors to shed commodities.
It was crude's first down session in five days.
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| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -350.77 | 9,121.32 |
| DJIA | -245.40 | 8,769.70 |
| S&P 500 | -28.05 | 906.65 |
| Nasdaq | -53.32 | 1,599.06 |
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