Updated Saturday, May 18, 2013 as of 8:30 PM ET

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Speculators Cut Bullish Commodity Bets on Fiscal Cliff Talks

Tony C. Dreibus

Investors cut bullish commodity bets for the first time in three weeks as U.S. lawmakers appeared no closer to an agreement to avert more than $600 billion in automatic tax increases and spending cuts and Europe cut its growth outlook.

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