Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
Down $-1.13 or -1.7%
The low for the day reach $65.29. The high reached $67.47. The cycle low going back to August 9 reached $65.13. The low price today was just above that level.
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