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    24.03.2016 05:23 Global Stocks: shares slipped after the U.S. dollar strengthened

    European stocks erased earlier gains and closed in negative territory for a third straight day on Wednesday as a selloff in oil and metals pushed commodity companies lower.

    U.S. stocks ended lower Wednesday as crude futures suffered their worst percentage decline in a month, which hammered energy and materials shares and dragged down the main stock indexes.

    Asian shares slipped Thursday after the U.S. dollar strengthened against regional currencies. The dollar gained overnight against a basket of major currencies after St. Louis Federal Reserve Bank President James Bullard suggested there was a chance that interest rates could be raised in April.

    Based on MarketWatch materials

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