GLOBAL MARKETS-Oil falls on supply fears; stocks, euro dip
(Updates prices, changes comment, dateline from previous LONDON)
* U.S. crude dips below $50 a barrel for first time since April 4
* S&P 500 slips, but losses broad
* Euro dips with French election in focus; dollar firms
By Rodrigo Campos
NEW YORK, April 21 (Reuters) - Oil prices fell on Friday as oversupply concerns resurfaced, while the euro and stocks dipped ahead of the first round in a too-close-to-call French presidential election.
Far-right leader Marine Le Pen, an anti-EU politician who wants to ditch the euro and narrowly trails front-runner Emmanuel Macron in French opinion polls, seized on the killing of a policeman by a suspected Islamist militant to push her policies on national security.
"Although Macron has been labeled as favorite to become the next French president, an unexpected Le Pen victory could deal a symbolic blow to the unity of the European Union and ultimately create a tidal wave of risk aversion," FXTM analyst Lukman Otunuga said in a note.
The Dow Jones Industrial Average rose 8.87 points, or 0.04 percent, to 20,587.58, the S&P 500 lost 2.75 points, or 0.12 percent, to 2,353.09 and the Nasdaq Composite added 0.02 points, or 0 percent, to 5,916.80. Continued...