MW: Consumer index adds to oil's losses; gold recovers
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Oil futures extended losses on Tuesday after the Conference Board reported its consumer confidence index plummeted to 52.9 in June -- the lowest level since March -- from a downwardly revised 62.7 in May. Gold futures, however, trimmed losses after briefly going further into the red immediately after the report. Oil for August delivery declined $2.85, or 3.7%, to $75.38 a barrel. Gold for August delivery retreated $2.20, or 0.2%, to $1,235.60 an ounce.
