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Futures slide as oil price slump hammers energy stocks
Reuters: U.S. stock index futures fell on Monday as a slump in oil prices pounded energy stocks, with investors also bracing for another batch of dour first-quarter earnings reports and economic data.
Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) shed between 3.6% and 4.3% in premarket trading as crude prices fell to levels last seen in 1999 on concerns of oversupply.
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