GLOBAL MARKETS-Wall Street stocks slide, dollar hits 8-month high



(Adds close of U.S. markets)
* Crude prices slip from 1-year high as glut weighs
* U.S. stocks weaken as crude slumps and Fed rate hike seen
* U.S. yields hit highest since June as bets on rate increase rise
By Herbert Lash
NEW YORK, Oct 11 Slumping crude prices and a dour start to Wall Street's corporate earnings season pulled down U.S. and European equities on Tuesday, while the dollar hit an eight-month high on increasing bets U.S. interest rates will rise in December.
Wall Street fell more than 1 percent as shares of aluminum producer Alcoa and diagnostics test maker Illumina plunged,... read more

 
11 October 2016 in World News, Views: 36
Source: Reuters
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