Stocks Rise, Commodities Continue to Slide
U.S. stocks recovered most of Wednesday’s losses, with financial stocks leading the advance. Commodity prices continued their rapid descent and the dollar rose.
The Dow gained +261.66 , the Nasdaq Composite +48.15, and the S&P 500 +31.09.
Financial stocks bounced back today, with Citigroup
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Nike
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Carnival Corp.
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FedEx
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Falling commodity prices hurt a number of metals and mining stocks, including Barrick Gold, Newmont Mining and Aloca.
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