Stocks, Commodities Sell Off

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Originally published at Fox Business
FOX Business: The Power to Prosper The Dow fell sharply, sitting in the red for the fifth day in a row. The losses were broad-based on the day, but industrial, energy, materials and financial shares took the biggest hit. Today's Markets As of 12:00 p.m. ET, the Dow Jones Industrial Average dipped 120 points, or 0.93%, to 12809, the S&P 500 fell 14.8 points, or 1.1%, to 1367 and the Nasdaq Composite slipped 33.9 points, or 1.1%, to 3013. The biggest drags on the Dow on a point basis were industrials Caterpillar (CAT: 100.62, -2.95, -2.85%) and United Technologies (UTX: 78.90, -1.33, -1.66%) and energy components Chevron (CVX: 101.82, -1.67, -1.61%) and ExxonMobil (XOM: 82.41, -1.47, -1.75%). However, tech shares like Hewlett-Packard (HPQ: 23.54, +0.40, +1.73%) and Intel (INTC: 27.51, -0.25, -0.90%) were performing relatively strongly, posting modest gains. Continue reading this article
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