Euro Falls After Draghi Comments as Yen Rallies on Weak Economy

The euro fell versus most of its 31 major peers as European Central Bank President Mario Draghi said stimulus to lift the euro areas œabysmal performance may include buying government bonds. The yen rebounded from its weakest level since 2008 versus the shared currency after Japans economy unexpectedly sank into recession, reviving demand for safer assets. The Swiss franc strengthened to within 0.1 percent of its 1.20-per-euro cap....

Gold Falls From Two-Week High as Dollar Rallies; Silver Slumps

Gold futures fell from this months high as the dollars rebound crimped demand for precious metals as alternative investments. Silver dropped the most in a week. In the week ended Nov. 11, the net-long position in Comex gold futures and options fell 14 percent, government data showed showed on Nov. 14. Holdings tumbled 49 percent over three weeks, the most since December. Assets in exchange-traded products backed by the metal extended...

U.S. Stocks Little Changed With S&P 500 at Record Amid Deals

U.S. stocks were little changed, with the Standard & Poors Index 500 Index at an all-time high, as a slump in small-cap shares and concern over Japans recession offset corporate deals. The S&P 500 rose 0.1 percent to 2,041.22 at 4 p.m. in New York after earlier losing 0.3 percent. The Dow Jones Industrial Average added 12.69 points, or 0.1 percent, to 17,647.43, six points...

U.S. Stocks Fluctuate as Japan Recession Offsets Corporate Deals

U.S. stocks fluctuated, after the Standard & Poors 500 Index climbed to a record last week, as a slump in small-cap shares and concern over Japans recession offset corporate deals. DreamWorks Animation SKG Inc. slipped 15 percent after Hasbro Inc.s approach to acquire the studio was said to have ended without agreement. Actavis Plc climbed 2.1 percent after reaching a deal...

European Stocks Rise After Draghi Comments on Government Bonds

European stocks rose the most in a week, reversing earlier losses, after Mario Draghi said the European Central Banks expanded purchase program could include government bonds. The Stoxx Europe 600 Index added 0.5 percent to 337.25 at the close of trading in London, after earlier falling as much as 0.8 percent as Japan unexpectedly slipped into a recession. The Stoxx 600 has rebounded 8.8 percent from this years low on Oct. 16 as the...