We are up around the highs of the session, with the nasdaq leading the gains today. Energylook at the imac, taking over the top spot. Care, thelth pfizerallergan deal being canceled, both of those stocks were up and we are seeing Ripple Effect speculation about where we could see further consolidation in the health care industries. Discretionary and tech stocks are trading higher as well. This is the energy portion of the equation. Weeks inventory reports showing an unexpected draw down in inventories accrued four point 9 million barrels. We are seeing refineries process crude at the fastest pace in three months. Usually theres a delayed effect. Thats what we saw once again with the leg upward in crude and then initially gaining steam as he away from the inventories report. We talked about the correlation between oil and stocks generally. This looks at Energy Stocks specifically. Lowest pointts since 2003. It dragged Energy Stocks in the blue with it. This is global Energy Stocks, not
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