FX & CFD trading involves significant risk
Stocks are threatening to break down and drop another level as they test the bottom of their recent trading range. Weakness this session has left 90% of the names in the S&P 500 to trade with losses.
Airline stocks are among the hardest hit. They surged 2.4% in the prior session as oil prices ran into selling pressure, but oil's 2.0% spike this session has sent the Amex Airline Index to a 2.1% loss. Also sensitive to higher oil prices, the Dow Jones Transportation Index has fallen to a 1.5% loss.
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