Friday, November 28, 2014

Bloomberg: Oil Tumbles Below $70 as Stocks Drop; Bonds, Dollar Rally

From Bloomberg, Nov 28, 2014, 3:26:17 PM
Nov. 28 (Bloomberg) –- Oil slumps to its lowest level since 2010 as OPEC refuses to cut production. Bloomberg's John Dawson reports on "First Up." (Source: Bloomberg)

Oil plunged below $70 a barrel for the first time since 2010, leading a selloff in commodities and energy shares. Treasuries advanced and the dollar reached a five-year high, while retailers rose amid Black Friday sales.

To read the entire article, go to http://bloom.bg/1Cmj0hY

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