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TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
Metals and mining funds were dragged down this week on concern the recession may be deeper than previously expected. In contrast, gold and silver funds became safe havens.
As for commodities, aluminum fell 5% in the five trading days ending Thursday, May 14, while copper dropped 9.3%, lead slumped 5.4% and nickel declined 6.3%. Tin and zinc also decreased in value.
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Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,393.36 | 1,100.84 | 2,187.97 | 34.82 |
Oil *
71.85
|
|
UP
56.31
|
UP
4.90
|
UP
4.24
|
UP
0.59
|
10 Yr
3.48%
SPDR Gold
110.88
|
|
+0.54%
|
+0.45%
|
+0.19%
|
+1.72%
|
Data delayed 20 minutes |
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