Financial stocks dragged Wall Street lower today as traders worried that last week’s rally was overdone.

Soaring oil prices trumped positive earnings news today, sending stocks skidding as investors rushed to take profits on new fears that the market is in the midst of a commodities bubble.

Dan Collins

DOZENS of villagers have been killed, many hacked to death, in three days of clashes between rival political factions battling for influence in an oil-rich area of the Niger Delta, activists and witnesses said on Tuesday.