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Oil prices fall while demand for U.S. Treasuries stays strong

Reuters  |  NEW YORK 

By Nick BrownNEW YORK (Reuters) - Investor concerns about rising U.S. oil output sent crude prices down on Monday, but investors stayed bullish on U.S. Treasuries despite an increased supply of three- and 10-year notes.U.S. Stocks closed mixed, with the S&P 500 and Dow Jones Industrial Average ending in the red, while the Nasdaq Composite added about 28 points.Energy investors weighed increased U.S. supply against the likelihood that the Organization of the Petroleum Exporting Countries (OPEC) will maintain supply cuts that have been in effect more than a year. "The market continues to flip ...

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First Published: Tue, March 13 2018. 02:39 IST