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Market recap: Stocks stepped back from Fed-fueled highs of recent days, as oil and other...

Market recap: Stocks stepped back from Fed-fueled highs of recent days, as oil and other commodities plunged on unfounded rumors of a release of the strategic petroleum reserve. The late selloff in crude oil whacked the energy sector, and concerns about steel demand hurt materials shares. A weak NY manufacturing report added to negative sentiment. NYSE decliners outnumbered advancers three to two.
Comments (1)
  • User 353732
    , contributor
    Comments (4913) | Send Message
     
    Are not "unfounded rumors" just another example of overt market manipulation by inside Big money?
    As big money has systematically debased equity , credit and currency "markets" it now seeks to do the same with commodity markets.
    18 Sep 2012, 05:23 AM Reply Like
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