The Rally Screeches To A Halt

Dow: Down 41 points to 10,775.

NASDAQ: Down 16 points to 2374.

S&P 500: Down 6 points to 1159.

Commodities got slammed today amid energy concerns. Oil is down 2.25% to $80.35 a barrel while natural gas futures are up 1.8% to 4.166.

Metals futures head downward while spot gold is at $1106.30 an ounce, down 1.9%. Silver is down 2.45% to $17.00 an ounce.

And in case you were wondering, the 5-year CDS for Greece is trading at around 315 basis points as chances for a bailout become slimmer.

March 19th Greece 5yr CDS

Photo: Bloomberg

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