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Today's Commentary
Friday, October 24, 2014

The Dow Jones Industrial Average (DJI) spent some time above the flatline in early trading, but a poorly received earnings report for The Boeing Company (NYSE:BA), a shooting in Canada's capital, and a slump in energy prices quickly took the wind out of the bulls' sail.

In fact, crude settled at its lowest level since June 2012, after the Energy Information Administration (EIA) showed inventories surged last week by a much higher-than-expected amount. Despite a 153-point loss for the blue-chip barometer, it was still able to maintain a hefty portion of yesterday's massive gain.


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