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STEVENSON JACOBS
Commodities turn lower for 2nd day on crude drop
- Commodities extended their slide Wednesday as crude oil fell below $125 a barrel, dragging down gold, soybeans, wheat and other hard assets as traders shifted money into equities.
Commodities slump after crude, corn turn lower
- Commodities mostly fell Tuesday as oil skidded lower and corn dropped below $6 a bushel, suggesting the commodities boom may be losing momentum as the slowing world economy saps demand for energy and raw materials.
Corn sinks to 7-month low on robust Midwest crops
- Corn prices sank to a seven-week low Monday as crops extended their rebound from last month's flooding, promising some relief at the grocery store for consumers who had faced higher prices for meat, dairy and other foods.
Platinum falls to 5-month low on slowing economy
- Platinum prices fell to a five-month low Friday as a sagging U.S. economy and a push to build smaller cars prompt automakers to buy less of the metal used in catalytic converters.
Commodities drop for 3rd day as oil keeps falling
- Commodities turned lower for a third day Thursday, as steep drops in crude oil and natural gas prices fed beliefs that high energy costs are curbing Americans' fuel consumption and at least temporarily cooling the commodities boom.
Commodities turn mostly lower on big crude drop
- Commodities fell broadly Wednesday, extending their losses for a second day as worries about the U.S. economy and another steep decline in crude prices fed selling of hard assets.
Gold jumps near $1,000, then falls on oil plunge
- Gold made another run at the $1,000 mark Tuesday before a steep drop in oil prices put the brakes on the metal's rally, dragging down other commodities in a big sell-off.