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Russian equities fell for the first time in four days as crude oil, the nation’s main export earner, fell and investors sold riskier assets amid a deadlock in U.S. budget talks.

Russian equities fell for the first time in four days as crude oil, the nation’s main export earner, fell and investors sold riskier assets amid a deadlock in U.S. budget talks.

Highlights from market news:

– The Micex Index lost 0.7 percent to 1,411.83 by the close in Moscow. Utilities and financial stocks declined at least 0.9 percent on average

– Oil slid 1 percent to $88.19 a barrel in New York after U.S. President Barack Obama’s administration rejected a Republican budget plan, as the two sides try to avert more than $600 billion in automatic tax increases

– Standard & Poor’s GSCI Index of Commodities lost 0.9 percent to 644.78. Zinc, tin and nickel declined in London.

Click here to read full Bloomberg press release.

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MARKETS

Markets
TSX20544.11-51.78
TSXV830.22-16.07
DOW34160.78-7.31
S&P 5004326.51-23.42
NASD13352.78-189.34
ASX6961.60-177.90

COMMODITIES

Commodities
Gold1797.30-24.57
Silver22.76-0.81
Copper4.42-0.10
Palladium2378.34+59.33
Platinum1027.99-6.72
Oil87.29-0.06
Heating Oil2.75+0.06
Natural Gas5.90+1.62

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