Stocks stumble as oil prices plunge

by an Unemployed White Male on May 11, 2011

in Business & Economy,Politics & Government,Recession

NEW YORK (CNNMoney) — Stocks fell sharply Wednesday, as energy and materials stocks were particularly hard hit by a sell-off in oil and gasoline futures.

“Commodities are getting crushed here, and it’s taking the whole market with it,” said David Rovelli, managing director of U.S. equity trading at Canaccord Adams.

Read the full article at CNNMoney.

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