Gold Investor Exit Shakes Off Boredom With Higher Volatility

The rout that sent gold prices to a four-year low is also shaking boredom out of the market, with a rebound in volatility thats giving some investors more reason to sell. The metals 30-day volatility is close to the highest since January, according to data compiled by Bloomberg. The measure in October touched the lowest since 2010, with investors ignoring gold in favor of equities for most of the year. Gains for the U.S. labor market...

Dollar Climbs to One-Year High Versus Pound on Rate Bets

The dollar climbed to its strongest in more than a year versus the pound after U.K. policy makers cut growth forecasts while the U.S. Federal Reserve prepares to raise interest rates. The greenback rose against the euro as European Central Bank Governing Council member Jens Weidmann said inflation would stay low for an extended period of time. The yen advanced from its weakest level in seven years versus the dollar as Japanese officials...

S&P 500, Dow Average Halt Winning Streaks; Small Caps Advance

The Standard & Poors 500 Index halted a five-day rally, while small-cap shares rose to the highest level since July, as gains among phone and consumer stocks offset losses in utilities and growing concern over slowing growth in Europe. The S&P 500 lost 0.1 percent to 2,038.21 at 4 p.m. in New York. The Dow Jones Industrial Average declined 2.89 points, or less than 0.1 percent, to 17,612.01. Both gauges closed at all-time highs...

European Stocks Fall Amid Bank Slide, Escalating Ukraine Tension

European stocks declined, as banks dragged the Stoxx Europe 600 Index lower, and NATO said Russia sent troops and heavy weapons into Ukraine. Banks slipped as U.S., Swiss, and British regulators fined lenders including HSBC Holdings Plc, Royal Bank of Scotland Group Plc and UBS AG to settle a probe into foreign-exchange manipulation. Barclays Plc slid 2.2 percent after saying it is not ready to settle the investigation. Enel SpA led...

U.S. Stocks Pare Losses as Energy Shares Erase Slide

U.S. stocks pared declines as energy shares trimmed losses with the price of crude, offsetting declines among financial and utility shares. The Standard & Poors 500 Index (SPX) lost 0.1 percent to 2,037.32 at 11:41 a.m. in New York, trimming losses of as much as 0.4 percent. The Dow Jones Industrial Average declined 26.94 points, or 0.2 percent, to 17,587.96. Both gauges closed at all-time highs yesterday. Trading in S&P 500...