Yen Rises Most in 2 Weeks as Oil Spurs Haven Bid; Real Rallies

The yen strengthened the most in two weeks against the dollar as oil prices slumped to a five-year low, feeding demand for haven assets. The yen appreciated 1 percent to 119.48 per dollar as of 5 p.m. New York time after adding as much as 1.5 percent, the biggest gain since Dec. 16. It advanced 1 percent to 145.25 versus the euro. The 18-nation common currency traded at $1.2156...

Gold Climbs to Highest in a Week as Equities, Dollar Decline

Gold futures rose to the highest in more than a week as world equities dropped and the dollar headed for the first decline in three sessions, boosting demand for bullion as an alternative asset. The metal also climbed as Greece is expected to hold early elections on Jan. 25 after Prime Minister Antonis Samaras failed to secure the necessary votes to hold office. The nation™s ongoing debt crisis poses a risk to Europe™s economy. Gold...

U.S. Stocks Decline From Record Levels to Pare December Gains

U.S. stocks fell, after the Standard & Poor™s 500 Index closed yesterday at a record for the 53rd time this year, as technology and utility companies sank the most in 18 months. The S&P 500 dropped 0.5 percent to 2,080.34 at 4 p.m. in New York. The Dow Jones Industrial Average lost 54.65 points, or 0.3 percent, to 17,983.58. The Nasdaq 100 Index slid 0.7 percent as Apple Inc. lost 1.2 percent to pace declines among technology...

U.S. Shares Fall From Near Records; Treasuries Rise, Gold Surges

U.S. stocks fell from near records, with the Standard & Poor™s 500 Index paring a seventh straight December gain, while Treasuries rose and gold surged. European and emerging equities slipped as energy shares declined. The S&P 500 slid 0.3 percent at 11:56 p.m. in New York after closing at a record for the 53rd time in 2014. The Stoxx Europe 600 Index lost 0.9 percent to extend a December drop. The MSCI Emerging Markets Index...

Europe Stocks Fall From Three-Week High, Head for December Drop

European stocks fell, heading for their first December decline since 2008, as energy shares slid. The Stoxx Europe 600 Index dropped 0.9 percent to 341.02 at the close of trading. A gauge of oil and gas companies lost 1.8 percent, posting the biggest loss among 19 industry groups as oil prices traded near a five-year low. The broader European gauge has fallen 1.8 percent this month, with Greek equities slumping on concern about the implications...