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Commodities surge on huge Wall Street rally

Posted on 14 October 2008

From Washingtonpost.com: Commodities prices shot up Monday as U.S. and European governments intensified their efforts to revive the global banking sector — prodding investors to put some of their money back into financial markets.

Crude oil, copper, silver and agriculture commodities traded sharply higher, drawing momentum from a massive, record-breaking rally on Wall Street. The Dow Jones industrial average soared 936 points, the biggest one-day point gain ever and the biggest percentage gain since 1933…… Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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