Chart of the Day

Commodities split sharply between oil and precious metals: the crude oil fund lost 8.07% while silver climbed 5.17% and gold 3.68%. The slide deepened crude's five-session loss to 12.70% and hit energy stocks directly, with the energy sector fund down 4.74% and Texas Pacific Land falling 13.36%, among the day's worst performers. The broader market, though, was strong: all four major indexes closed higher, the Dow Jones gained 3.10% and the S&P 500 1.65%, and across the wider universe 379 stocks advanced against 129 decliners. The question now is whether the selling in oil persists and whether the rally outside energy carries through the rest of the week.