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>> DOW JONES RECORD HIGH Latest News

APR 15, 2013 - Time

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Stocks Sink in Early Trading; Gold Plunges

(NEW YORK) — A steep fall in commodity prices pulled down energy and mining stocks for a second day in a row on Monday. Gold plunged to $1,400 an ounce for the first time since March 2011 as a sell-off in metals continued from last week. Oil prices hit their lowest level since mid-December. The Dow Jones industrial average was down 89 points at 14,773 shortly after 10 a.m. Monday, a drop of 0.6 percent. Caterpillar led the Dow lower, losing 3 percent to $82.87. The Standard & Poor’s 500 index fell 12 points to 1,577, a loss of 0.7 percent. The Nasdaq composite fell 25 points, or ... Read More

Tags: Stocks Sink in Early Trading; Gold Plunges,  Dow Jones Record High Latest News