CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.» Read More
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Capital markets are the superpower in today's world, and they have Russia on its knees, Evercore Partners founder Roger Altman said.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude actually ended slightly higher on the day. There was a little bit of buying going into the Fed meeting, traders said.
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Joy Global, which gets more than 60 percent of its revenue from coal miners, reported a 4 percent fall in revenue as customers cut production.
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Americans probably haven't noticed much of a change in airline-ticket prices since oil began to plummet. They shouldn't hold their breath.
Fund managers are still confident in stocks but the falling oil price is pushing them to add to their cash holdings.
Russia's ruble plunged to an all-time low against the U.S. dollar on Tuesday, despite the Russian central bank's move to hike rates to 17 percent.
The Russian Central Bank's efforts to fight the ruble's slide will be ineffective if oil continues to fall, Boris Schlossberg said.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Another volatile day for crude, which closed up 2 cents on the day.
"Considerable time" may be on its way out. But the Fed needs to be careful not to send signals to the market it will take back later.
U.S. oil prices rallied at midday on Tuesday, reversing earlier losses on a mix of profit-taking and positioning ahead of WTI options expiry.