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Investors and traders sold off mining and metals stocks Monday as a strengthening dollar weighed on commodities prices around the world.
In recent weeks, officials from China, Russia and Brazil had suggested an interest in shifting away from U.S. Treasuries and into bonds issued by the International Monetary Fund -- the equivalent of selling the dollar.
But word out of China and Russia over the weekend that finance ministers are confident in the greenback appeared to alleviate some of those fears -- and as the dollar rose, commodities declined. (They're often used as a hedge against U.S. currency.) ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |


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