Euro hits 2-year low, Wall Street hit by profit warnings(update)

NEW YORK: The euro fell to a two-year low against the dollar on Tuesday as investors were wary that a German court could delay Europe's new bailout fund, while a series of profit warnings from U.S. companies took Wall Street lower.

Oil prices extended losses in the afternoon, with Brent crude falling back below $100 a barrel after data showed China imported less crude oil last month, while Norway's government ordered an end to an oil workers' strike that had threatened production.