- CNN is reporting that lithium batteries stored in the cargo hold are being investigated as a potential cause for the disappearance of Malaysian Air MH370.
- The Global X Lithium ETF (LIT) is at a session low following the development, down 0.5%.
- There is also a chance of some volatility with Tesla Motors (TSLA -3.2%) as algorithmic trading picks up on the headline. TSLA was already lower on the day before the lithium link was reported on.
at MarketWatch.com (Oct 16, 2013)