Commodity Prices Down
Commodity prices and commodity stocks were down significantly for the day as plans to rescue Greece are implied to be in the works, underscoring the importance the market is placing on the European sovereign debt crisis and how it is affecting the euro, U.S. dollar and commodity prices.
Commodity companies taking a hit on the news of a plan for a Greece rescue include International Paper (NYSE:IP), which plunged 3.6%; Freeport McMoran Copper & Gold (NYSE:FCX), dropping 2.1%; and DuPont (NYSE:DD), falling 2.2%.
Commodity Prices Down
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