| From Cattlenetwork.com: Commodity indexes fell under heavy fund selling pressure, led by nearly a 10% tumble in crude oil, as global investor confidence wobbled and the U.S. House of Representatives voted down a $700 billion financial sector bailout.
Nearly all markets except for gold were pressured by uncertainty surrounding the bill ahead of the vote and nervousness once it failed to pass, amid a spike in the dollar and fears that protracted global economic weakness will worsen and physical demand for commodities will suffer, analysts said. The Dow Jones-AIG Commodity Index fell 9.245, or 5.2%, to end at 167.545, after hitting a two-week low of 167.094 earlier in the session..... Full Article: Source
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