Stocks lower amid economic reports; Dow falls 150 points

April 1, 2015 1:51 PM

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Oil futures edged lower on Wednesday amid extended talks between Iran and six world powers. A last-minute deal over Iran's nuclear program could allow more Iranian crude oil into world markets.

Brent crude traded just above $55 a barrel on Wednesday, while U.S. crude traded near $48 a barrel.

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