Stocks, commodity currencies slide as oil falls back below $30

January 15, 2016 11:56 AM

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LONDON Oil prices slipped back below $30 on Friday, keeping alive worries about global growth that again hammered commodity currencies and left investors braced for a third straight week of losses on world stock markets.

The pan-European FTSEEurofirst 300 hit a new 13-month low, while Asian shares skidded to 3-1/2 year lows. That did not bode well for the U.S. stock market open, with futures trading almost 2 percent lower.

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