04.04.2013 - World markets drive down commodity prices
This time, stocks and commodities are moving in different directions. Stocks have attained record highs during this year's first quarter, while commodities have moved into negative territory. From January to March, the Standard & Poor's 500-stock index increased 10 percent. In contrast, the Dow Jones-UBS Commodity Index declined 11 percent during the same quarter. World economic conditions -- recession in Europe, insignificant growth in Japan, the slow U.S. economic recovery, and especially the slowdown in China -- have contributed to the decline in commodity prices. According to the Wall Street Journal quarterly Markets Review and Outlook, the price of almost every commodity has declined...............................................Full Article: Source
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