Commodity Selling Shakes Markets
April 12, 2011 at 11:49 AM EDT
The markets are seeing a steep decline today as broad based commodity dumping surges. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $131.16, -1.30 (-0.98%). Oil is leading the decline for a second straight day as spot crude has fallen from $113 a barrel two days ago to its current level at $106.00. This massive drop [...]