U.S Market Update |
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- Markets are attempting to show some stabilization as traders focus on the ongoing testimony of Fed Chairman Bernanke and Treasury Secretary Paulson before the Senate. Stock markets are trying to recoup some of yesterday's heavy losses, and are experiencing greatly reduced volatility in the early going. Oil has dropped to around the $108 levels now that yesterday's short squeeze is a memory and "fundamentals" are back in the driver's seat. Note that natural gas is up 4%, at least in part
Filed under: Fundamental
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