The DOW had a large ranging day yesterday as it moved up and down within a 200 point range before putting in a 300 point rally off the lows to close the session up 21 points. The S&P closed down 11 points and the NASDAQ fell 35 points. The FTSE, writes Greg Secker, 100 had a large gap down at the open and ended the session at the lows of the day with a loss of 217 points on the day. Futures – DOW is called up 70 points, FTSE is called up 90 points. Oil has pulled back from the highs and is currently trading at $106 a barrel and gold is trading at £1001. 

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