14.37%QQQQ 35.13 12.16%XLF 16.18 7.15%
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Light, sweet crude for April delivery fell 12 cents to settle at $110.21 on the Nymex, after rising earlier to just below its latest trading record of $111, set Thursday.
Other energy futures rose Friday. April heating oil futures rose 2.17 cents to settle at a record $3.1465 a gallon after earlier setting a new trading record of $3.222 a gallon. April gasoline futures rose 0.66 cent to settle at $2.6894 a gallon.
In agriculture markets, wheat, corn and soybean futures plunged amid expectations that the U.S. economic downturn will dampen demand.
Wheat for May delivery plummeted 52.5 cents to settle at $11.915 a bushel on the Chicago Board of Trade, while May soybeans lost 50 cents to settle at $13.5275 a bushel. May corn fell 10.25 cents to settle at $5.5925 a bushel on the CBOT.
Investor Julian Roberts believes the poor economy could last as long as 10 to 15 years, according to CNBC.
The anger is getting raw at Republican rallies and John McCain is acting to tamp...
Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in As...
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