Commodities falter on dollar rally, economic woes – International Herald Tribune- News
Commodities prices have tended to mirror the direction of the equities markets in recent weeks, and they continued to do so on Thursday. On Wall Street, a bleak outlook from computer gear maker Cisco Systems and concerns about widespread economic weakness sent the major stock indexes down more than 4 percent. A strengthening dollar and dim economic reports also weighed on energy prices. American companies slashed 240,000 jobs in October highlighting recession fears and helping to set the agenda . read more
Technorati Tags: prices, dollar, , commodities, december, economic, news
Comments Off
