Oil derricks copyright Comstock, Corbis
When the oil boom turns to bust
New sources of supply in the US and overseas will inevitably take their toll on the market.

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[BRIEFING.COM] The S&P 500 hovers near the middle of its range as Fed Chairman Ben Bernanke continues his testimony before the Joint Economic Committee.

All ten sectors trade in the black, but only health care and financials have been able to register gains of at least 1.0%. Today's top performing group, health care, is once again receiving some support from biotech as the iShares Nasdaq Biotechnology ETF (IBB 184.94, +3.40) trades with a gain of 1.9%. ... More


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