Economics
U.S. Stocks Drop as Earnings Start; Dollar Slump Buoys Oil, Gold
- Alcoa declines after hours as reporting season begins
- Commodity-led currencies jump as gas to coffee advance
What's Driving the Markets?
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U.S. equities fell, erasing gains as what is forecast to be the worst American earnings season since the financial crisis gets under way. The dollar tumbled to a nine-month low, boosting commodity prices.