Market looks to Brexit and healthcare talks this week
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US STOCKS recouped some of their losses as the return of the commodities bust was offset by a rebound in tech stocks.
This week, the stock market will be vulnerable to surprises from healthcare negotiations in Washington DC and Brexit talks in Brussels.
Oil futures entered a bear market last week, falling to around US$43 a barrel, more than 20 per cent below their peaks of the year near US$55. Oil bears are betting that increased production on US shale fields will compensate for the crude drained from the market by the production-cap deal among oil exporting nations.
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