CP US MARKET UPDATE

US markets recovered from their session lows but still finished in the red, with the Dow snapping its Tuesday winning streak, amid ongoing worries over the future of the Fed's bond-buying policy. The CBOE volatility index ended above 16.In the currency space, the euro stays above 1.30 to the dollar. The dollar index is at 82.80 levels.In commodities, Brent crude rises to USD 103 a barrel on rumours that South Korea would create new incentives for refiners to import crude that could bolster demand.

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