The markets opened with a nearly 100-point jump before stocks and exchange traded funds (ETFs) reversed course after the Fed sounded the alarm on rising oil prices.
- BNO) has shot up 10.6% in just 10 days; today, it's up nearly 2%.
- EGPT) up more than 3% in early trading.
- SIL) up more than 1% in early trading.
- The U.S. dollar strengthened this morning on the bullish manufacturing report, as well: PowerShares DB U.S. Dollar Bullish (NYSEArca: UUP) is tempering losses after months of trading lower.
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