Year starts sour on weak factory data, $100 oil (Reuters)
Year starts sour on weak factory data, $100 oil (Reuters)
Reuters – U.S. stocks sank on Wednesday, with the Dow getting off to its worst-ever start to a year, after data showed a surprise contraction in manufacturing and oil surged to $100 a barrel, raising the specter of stagflation.
Source: news.yahoo.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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