FIRST AIRED: May 23, 2017

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00:00:00
a big drop in oil prices Monday could have led to a stock market route is a new trading week gets underway but then all prices started doing the unthinkable , Reuters energy editor Jessica Resnick alt , there was a meeting yesterday at this critical between OPEC and non OPEC producers they had been expected to return an agreement , pressures of slowly climbs back lifted in part by a worker strength in Kuwait with %HESITATION has curtailed that countries oil production by about fifty per , that put energy stocks in the unlikely position of turning out to be the market leader stocks erased earlier declined and the Dow closed above the eighteen thousand mark for the first time , European investors also jumped on board starting a rally after spending most of the trading day in the dumps , stocks in Europe in the U. S. looking even better when compared to other parts of the world multi year plunging commodity prices bringing once mighty emerging markets like Russia and Brazil to their needs matters in Brazil maybe they'll work Monday by a political crisis that has Brazilians sharing in the street as president Dilma Rousseff's by twelve a political career leaving her unable to tackle that country's deepest recession since the nineteen thirties , with global economic growth considered tepid and and even after the betting stock markets in the more developed economies of the west , our favorite place to hide until global growth improves