It was a story from the U.K. Guardian newspaper towards the end of the trading session that sent stocks on a tear with commodity prices tagging along for the ride.
Traders are watching China. Gauging how far and how fast China's growth may have slowed over the past quarter -- and what that could mean for coming quarters. It will be critical to the next move in key commodities like copper and crude as well as equities, traders say.
With November Brent Crude futures expiring in Friday’s session, traders are expecting more volatility on the spread between Brent and WTI oil futures.
Goldman Sachs noted yesterday (Wednesday) that the energy sector has been outperforming in the last week, and the investment bank is looking for that trend to continue.
This stock got taken down with the pullback, even though the underlying company is intact, the "Mad Money" host said.