Monday, September 18, 2006

[markets] stocks higher, commodities fall inc. oil

The drop in oil prices is becoming a catalyst, as is other commodities, and giving people confidence to put money into areas that have somewhat been lagging such as technology. A broad retreat in commodities promoted investors to shift money out of oil and raw materials-based companies and into other sectors. This, of course, is the American perspective and it remains to be seen how this will flow through the rest of the world. More here.

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