13h ago
U.S. crude oil futures slide 4.2% to $70.14 a barrel as Paychex posts Q4 earnings beat
U.S. crude oil futures fell 4.2% to $70.14 a barrel, the steepest decline among major commodities in the session. Gold, silver and copper also weakened. U.S. stock indexes were broadly higher, but the energy sector dropped 1.7%. Paychex reported better-than-expected Q4 results, though it was a single-stock move rather than a cross-asset driver.