Wow! What a difference a few hours makes. At the beginning of trading today stocks and commodities were steady. Then as the morning wore on, the US dollar strengthened and it all broke loose. Let's look at the numbers: (as of 1:29 EDT)
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December euro is at 1.4866, down .0134
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The December S & P contract is down 10.60 at 1066.30
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December crude oil is at $78.40 per barrel, down $2.10
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December 30 year bond is at 118.10, down 23.
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December wheat is at 530.6 down 17 cents (each penny equals $50.00)
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December gold is at $1043.40 per ounce, down $13.00 (each $1.00 equals $100.00)
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