While stocks sink, commodities are enjoying the benefits of a weaker dollar.
Energy is up, along with lean hogs and cattle. Grains are performing solidly with the only loser being rough rice, down 2.1% to 1340. Soft goods are doing well, with lumber soaring 3.5% to 259.
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See Also:
- As Dow Struggles To Hold 10,000, Commodities Are Getting Whacked
- Broker: Buy Gold At Any Price And If You Lose, Blame ‘Them’
- Morning Markets: Equities Up Slightly, Commodities Struggle To Hold Gains