Gold Futures Slip as U.S. Equities Trade Near All-Time High

Gold futures slipped in New York as U.S. equities traded near record highs, paring demand for the metal as an alternative asset. The Standard & Poors 500 Index of equities advanced to a record yesterday. U.S. stocks fluctuated today, as reports showed the number of Americans filing claims for unemployment benefits rose last week to the highest since early September and orders for U.S. business equipment...

Gold Trades Near 3-Week High Before Data on U.S. Durable Goods

Gold was little changed near a three-week high as investors waited for data on the health of the U.S. economy. U.S. data on initial jobless claims, durable goods, consumer confidence, home sales and personal spending are due today before the Thanksgiving holiday. The metal slid yesterday, before recovering to close higher, after data showed the U.S. economy expanded in the third quarter more than forecast. Gold for February delivery...

European Stocks at Two-Month High as DAX Rallies for 10th Day

European stocks closed unchanged at a two-month high, with German equities posting their longest winning streak since May 2013.The Stoxx Europe 600 Index stood at 346.28 at the close of trading, after earlier rising as much as 0.4 percent. Utility companies were among the biggest gainers, with RWE AG and EON SE helping push Germanys DAX Index up 0.6 percent. The European gauge has rebounded 12 percent from this years low in October amid...

U.S. Stocks Fluctuate Near Record Levels Amid Economic Reports

U.S. stocks fluctuated, with benchmark indexes near all-time highs, as investors assessed data on labor, manufacturing and housing to gauge the strength of the American economy. Phone companies climbed 1 percent, while technology stocks gained as Hewlett-Packard Co. rose to the highest level since May 2011 even after missing analyst estimates in an earnings report yesterday. Energy producers decreased as...