Gold Futures Advance Most This Month as Chinese Buyers Return

Gold futures climbed the most in more than three weeks as buyers returned from holidays in China, the world™s biggest consumer after India. Volumes for the Shanghai Gold Exchange™s benchmark spot contract gained for the second straight day. Markets in China were shuttered in the five sessions through Feb. 24 for the Lunar New Year holiday. The country™s gold imports from Hong Kong rose in January from the previous month as jewelry demand...

Gold Rose to Highest in a Week on China Demand, Rates Outlook

Gold climbed to the highest in a week after Chinese buyers returned from holidays and investors speculated that the Federal Reserve will keep interest rates low. Platinum rose the most this month. Gold for April delivery rose as much as 1.5 percent to $1,219.90 an ounce, the highest since Feb. 15 and traded at $1,216.60 by 8:12 a.m. on the Comex in New York. It™s down 4.9 percent...

Nasdaq Composite Climbs on Tech Rally While Energy Shares Slump

The Nasdaq Composite Index climbed closer to a record amid a rally in technology companies, while a slump in energy shares sent the Standard & Poor 500 Index lower. Salesforce.com Inc. soared 12 percent after it raised its revenue forecast, leading gains among technology shares. Phone companies climbed 0.5 percent in the S&P 500 as the Federal Communications Commission...

U.S. Stocks Fluctuate Near Record Levels as Energy Shares Slump

U.S. stocks fluctuated, after benchmark indexes closed Wednesday near all-time highs, as energy shares tumbled while a rally in technology companies helped push the Nasdaq Composite Index closer to a record. Salesforce.com Inc. soared 11 percent after it raised its revenue forecast. Chevron Corp. and Exxon Mobil Corp. lost more than 1 percent as energy companies dropped 1.5 percent. The ...

Gold Futures Advance Most This Month as Chinese Buyers Return

European stocks climbed to the highest level since July 2007 as Bayer AG and GDF Suez SA rose after reporting earnings. The Stoxx Europe 600 Index advanced 1 percent to 390.69 at the close of trading, the biggest gain in more than a month. Bayer added 3.7 percent as it forecast an increase in 2015 sales. GDF Suez gained 1 percent after saying it will cut costs and posting annual net income in line with estimates. The Stoxx 600 has rallied...

Gold Futures Gain as Yellen Signals Rate Increase Isn’t Imminent

Gold futures rebounded from a seven-week low after Federal Reserve Chair Janet Yellen signaled an interest-rate increase isn™t imminent. Palladium climbed to the highest in almost six weeks. Yellen, testifying to the Senate Banking Committee on Tuesday, indicated that a change in the Fed™s guidance on borrowing costs won™t lock the central bank into a timetable. Higher interest...

Gold Rise After Yellen Signals Rate Increase Isn’t Imminent

Gold rebounded from the lowest level in seven weeks and silver rose after Federal Reserve Chair Janet Yellen signaled an interest-rate increase isn™t imminent. Palladium climbed to the highest in six weeks. Yellen, testifying to the Senate Banking Committee on Tuesday, indicated that a change in the Fed™s guidance on interest rates won™t lock the central bank into a timetable for tightening. Higher interest rates curb gold™s appeal...

U.S. Stocks Little Changed Near Records Amid Corporate Earnings

U.S. stocks were little changed near all-time highs as declines in Hewlett-Packard Co. and Apple Inc. offset gains among retailers amid corporate earnings. Hewlett-Packard tumbled 9.9 percent after saying earnings will be hurt by the rising dollar. Apple lost 2.6 percent as technology shares slumped 0.7 percent. Chesapeake Energy dropped 9.6 percent as earnings fell short of analysts™ projections. Dollar Tree Inc. and TJX Cos. added...

U.S. Stocks Fluctuate Near Record Levels Amid Corporate Earnings

U.S. stocks fluctuated, after benchmark gauges closed at all-time highs, as gains among retailers on corporate earnings offset declines in Hewlett-Packard Co. and Chesapeake Energy Corp. Dollar Tree Inc. and TJX Cos. added more than 3 percent to pace gains among retailers. Hewlett-Packard tumbled 9.5 percent after saying earnings will be hurt by the rising dollar. Chesapeake Energy lost 9.7 percent as earnings fell short of analysts™...

European Stocks Little Changed as Banks, Autos Offset Axa Gains

European stocks closed little changed near a seven-year high as losses in banks and auto companies countered Axa SA™s advance. Greek lenders led a measure of bank stocks lower, with National Bank of Greece SA and Piraeus Bank SA tumbling more than 11 percent. Auto-related stocks posted the worst performance of the 19 industry groups on the Stoxx Europe 600 Index as Valeo SA slid 2.3 percent after missing estimates for full-year operating...

Dollar Falls as Yellen Says Interest-Rate Outlook Not Locked In

The dollar fell from the day™s high after Federal Reserve Chair Janet Yellen said a change in the central bank™s guidance won™t lock it into a timetable for raising interest rates. The U.S. currency rose earlier as Yellen told a Senate committee said the labor market is improving even as inflation and wage growth remain too low. The dollar has rallied this year as the U.S. economy...

Gold Posts Longest Slump This Year on U.S. Interest-Rate Outlook

Gold futures fell, capping the longest slump this year, after Federal Reserve Chair Janet Yellen failed to allay concerns that U.S. interest rates will rise, eroding the appeal of the precious metal as an alternative asset. Yellen signaled that a change in the Fed™s guidance on interest rates won™t lock it into a timetable for tightening, according to testimony prepared for delivery before the Senate Banking Committee. Gold extended...

U.S. Stocks Advance on Rate Speculation After Yellen Statement

U.S. stocks rose, sending benchmark gauges to records, after Federal Reserve Chair Janet Yellen indicated an increase in interest rates is unlikely before mid-year as inflation and wage growth remain too low. The Standard & Poor™s 500 Index rose 0.3 percent to a record 2,115.52 at 4 p.m. in New York. The Dow Jones Industrial Average gained 92.67 points, or 0.5 percent, to...

Saham AS Pangkas Gain Pasca Komentar Yellen Terkait Suku Bunga

Saham AS memangkas gain pasca mencapai level tertinggi sepanjang masa, karena para investor mengkaji waktu kenaikan suku bunga acuan pasca testimoni dari Ketua Federal Reserve Janet Yellen. Indeks Standard & Poor 500 naik kurang dari 0,1% menjadi 2,110.57 pada 12:42 siang di New York, setelah naik sebanyak 0,3% sebelumnya. Indeks Dow Jones Industrial Average naik 54,36 poin,...

Europe Stocks Extend 2007 High as Greek Shares Jump on Aid Deal

European stocks extended a seven-year high as Greece reached a bailout deal and the Federal Reserve pledged patience on raising interest rates. Greek shares surged. The Stoxx Europe 600 Index rose 0.6 percent to 387.25 at the close of trading, pushing its gains this year to 13 percent. The U.K.™s benchmark FTSE 100 Index closed at an all-time high, climbing 0.5 percent to surpass the previous record in 1999. Greece™s ASE Index soared...

Gold Drops to Seven-Week Low on Greek Accord as Platinum Falls

Gold futures fell to a seven-week low after Greece reached a provisional accord on a bailout with euro-area finance ministers, reducing demand for the metal as a haven. Platinum dropped to the cheapest in five years. Gold has dropped below $1,200 an ounce after last month topping $1,300, partly on speculation that Greece would reach a debt agreement. The metal fell as the dollar...

Oil Extends Weekly Decline as Global Supply Glut Seen Growing

Crude extended a weekly decline amid speculation excess supply will increase as Libya restarted a pipeline halted by a fire and the U.S. idled fewer drilling rigs than in previous weeks. West Texas Intermediate oil dropped as much as 4.2 percent after falling 4.6 percent last week. Oil fields in eastern Libya resumed pumping to the port of Hariga after a pipeline was repaired, according to state-run National Oil Corp. The number of...

U.S. Stocks Little Changed, Nasdaq Extends Rally; Oil, Gold Drop

U.S. stocks were little changed, with benchmark indexes near all-time highs, as Apple Inc. rallied to send the Nasdaq Composite Index to its ninth straight gain. Oil fell below $50 a barrel, while gold dropped to a seven-week low. The dollar strengthened and Treasuries rose. The Standard & Poors 500 Index fell less than 0.1 percent at 4 p.m. in New York after closing at an all-time high on Friday. The Nasdaq Composite added 0.1...

U.S. Stocks Fall as Crude Slides; European Shares Rise on Greece

U.S. stocks declined from records as oil dropped below $50 a barrel. The dollar strengthened against emerging-market currencies before Federal Reserve Chair Janet Yellen addresses Congress this week. The Standard & Poor™s 500 Index slid 0.3 percent at 12:47 p.m. in New York after closing at an all-time high on Friday. The Stoxx Europe 600 Index added 0.7 percent, while Portugal™s 10-year rate reached 2.118 percent, below its U.S....

Europe Stocks Extend 2007 High After Greek Agreement; HSBC Falls

European stocks climbed for a fifth day after Greek creditors agreed to extend the nation™s bailout funds. The Stoxx Europe 600 Index added 0.7 percent to 385.08 at the close in London. The FTSE 100 Index surpassed a record close in intraday trading before falling as much as 0.4 percent as lower-than-projected profit at HSBC Holdings Plc dragged the stock lower. The U.K. gauge ended little changed. The Stoxx 600 reached its highest...

Asian Stocks Rise as Gold Holds Losses on Greece Deal; Oil Falls

Asian stocks climbed, with Japan™s Nikkei 225 Stock Average building on a 15-year high, and gold held losses as investors await progress on Greece™s bailout extension agreed Feb. 20. Oil fell in New York. The Nikkei 225 gained 0.8 percent by 9:20 a.m. in Tokyo, while Australia™s S&P/ASX 200 Index added 0.4 percent following a fifth straight weekly gain. Futures on the Standard & Poor™s 500 Index were little changed after the...

Japan Stocks Rise as Investors Watch Progress on Greek Debt Deal

Japanese stocks rose, led by precision instrument makers, as investors await progress on an agreement among euro-area finance ministers on Greece™s bailout program. The Topix advanced 0.6 percent to 1,508.76 as of 9:01 a.m. in Tokyo, on course to rise for a seventh day, its longest winning streak since early December. All but three of its 33 industry groups gained. The Nikkei 225 jumped 0.9 percent to 18,487.61, on course for its highest...

Euro Holds Gains After Greece Reaches Deal on Bailout Program

The euro held gains against the dollar after Greece reached a deal on extending its bailout program, tempering speculation the nation will exit the currency region. The 19-nation single currency erased a 0.8 percent decline on Feb. 20 after euro-area finance ministers reached an agreement that would keep bailout funds flowing to Greece for another four months. Options traders are willing to pay the most in a month to guard against losses...

Gold Drops Below $1,200 as Optimism on Greece Cuts Haven Demand

Gold futures fell below $1,200 an ounce as Greece and European finance ministers reached an accord on a bailout extension, eroding demand for the precious metal as a haven. The metal posted the fourth straight weekly decline, the longest slump since early October. On Wednesday, the price touched 1,197.20, the lowest since Jan. 5, partly on signs of declining demand in China. Earlier Friday, gold climbed as much as 0.6 percent after...

S&P 500, Dow Jump to Records After Deal on Greek Aid Extension

U.S. stocks rose, sending benchmark indexes to records, after European officials reached a deal to extend Greece™s aid for four months.The Standard & Poor™s 500 Index climbed 0.6 percent to a record 2,110.14 at 4 p.m. in New York. The Dow Jones Industrial Average climbed 153.90 points, or 0.9 percent, to 18,139.67, also an all-time high. The Russell 2000 Index reached a record, and the Nasdaq Composite Index rallied 0.6 percent, up...

Gold Climbs With Silver as Fed Minutes Show Rates May Stay Low

Gold futures rose the most this month after minutes from the Federal Reserve™s January meeting showed policy makers argued for keeping interest rates near record lows for longer. Silver advanced.Bullion for April delivery added as much as 1.9 percent, the most since Jan. 30, to $1,222.90 an ounce. It was at $1,221 by 7:34 a.m. on the Comex in New York, after touching a six-week...

Oil Falls With Ruble as Europe Stocks Rise on Greek Deal Outlook

Slumping oil prices damped demand for Russia™s ruble and increased the appeal of bonds. European stocks rebounded with Greek shares on prospects for a compromise between the country™s government and its creditors. West Texas Intermediate crude slid 3.5 percent to $50.31 a barrel at 7:03 a.m. in New York. The Stoxx Europe 600 Index advanced 0.2 percent while Greece™s ASE index gained 1.3 percent and the nation™s bonds rose after the...

U.S. Stocks Fall as Oil Tumbles, Germany Rejects Greek Proposal

U.S. stocks fell as oil prices tumbled for a second day and Germany rejected a proposal from Greece to seek an extension of its loan facilities. The Standard & Poor™s 500 Index fell 0.3 percent to 2,093.56 at 9:32 a.m. in New York. West Texas Intermediate crude oil lost 5 percent to slip below $50 a barrel. Futures advanced earlier after the European Commission said a letter by Greece™s government requesting...

Gold Climbs With Silver as Fed Minutes Show Rates May Stay Low

Gold futures rose the most this month after minutes from the Federal Reserve™s January meeting showed policy makers argued for keeping interest rates near record lows for longer. Silver advanced. Bullion for April delivery added as much as 1.7 percent, the most since Jan. 30, to $1,221 an ounce on the Comex in New York. It was at $1,217.70 by 10:13 a.m. in London, after touching a six-week low of $1,197.20 on Wednesday. Futures trading...

European Stocks Drop From Seven-Year High as Energy Shares Fall

European stocks fell from a seven-year high as energy shares declined. The Stoxx Europe 600 Index slipped 0.2 percent to 379.46 at 8:11 a.m. in London. Total SA and BG Group Plc dropped at least 1.3 percent as crude prices fell, sending a gauge of oil and gas shares to the worst performance among 19 Stoxx 600 industry groups. Pressure also increased for Greece to reach a deal with...

Oil Extends Decline as U.S. Crude Stockpiles Seen Expanding Glut

Oil fell for a second day before U.S. government data forecast to show crude stockpiles in the world™s biggest consumer expanded to a record level. Futures slid as much as 3.7 percent in New York. Crude supplies probably rose by 3 million barrels to 420.9 million through Feb. 13, according to a Bloomberg News survey before a report Thursday from the Energy Information Administration. That would be the highest in weekly records compiled...

Dollar Holds Decline as Fed Minutes Show No Hurry to Raise Rates

The dollar remained weaker versus the yen after minutes Wednesday from the Federal Reserve™s January meeting showed policy makers argued for keeping interest rates near record lows longer due to risks facing the economy. The greenback fell against the majority of its Group-of-10 peers after committee members pointed to the dollar™s strength, international flash points from Greece to Ukraine, and slow wage growth as weakening the case...

Nikkei 225 Heads for 15-Year High as Japan’s Megabanks Rise

Japan stocks rose, with the Nikkei 225 Stock Average heading for the highest close in 15 years, as the biggest banks jumped and Trend Micro Inc. and Sony Corp. gained. Mitsubishi UFJ Financial Group Inc., Japan™s largest lender, climbed 2.5 percent to be the biggest support to the Topix Index as banks led gains among industry groups. Anti-virus software maker Trend Micro added 5.9 percent, the strongest support to the Nikkei 225, after...

S&P 500 Erases Loss as Decline in Energy Overshadows Fed Minutes

The Standard & Poor™s 500 Index erased a loss as speculation that the Federal Reserve will keep rates lower for longer overshadowed a drop in energy shares. The S&P 500 slipped less than 1 point to 2,099.65 at 4 p.m. in New York, after losing as much as 0.4 percent. Energy companies in the benchmark index fell 1.5 percent as crude oil declined 2.6 percent from a seven-week high. Equities pared losses as minutes from the Fed™s...

U.S. Stocks Fall Amid Economic Data Before January Fed Minutes

U.S. stocks fell, after the Standard & Poor™s 500 Index rose to a record Tuesday, as factory production rose less than forecast before the release of minutes from the last Federal Reserve meeting. S&P 500 slipped 0.2 percent to 2,096.28 at 12:04 p.m. in New York, after the benchmark index closed at a record Tuesday. The Dow Jones Industrial Average lost 30.97 points, or...

Gold Futures Tumble to Six-Week Low on Signs China’s Demand Ebbs

Gold futures fell to a six-week low approaching $1,200 an ounce on speculation that Chinese demand will fall during the Lunar New Year holiday. Silver tumbled, and platinum dropped to the cheapest in more than five years. Volume in the Shanghai Gold Exchange™s benchmark spot contract dropped to the lowest in a year. Markets in China, the world™s second-biggest buyer, will be closed for five sessions starting Wednesday....

Gold Falls With Silver on Concern Chinese Buying Will Decline

Gold and silver led losses in precious metals on speculation Chinese demand will fall during the Lunar New Year holiday. Volumes for the Shanghai Gold Exchange benchmark spot contract dropped about 75 percent from Mondays level to the lowest in more than a year, data from the bourse show. China, the second-biggest bullion buyer after India, will close markets for five days starting...

U.S. Stocks Climb Amid Optimism on Greece as Oil Prices Rebound

The Standard & Poor™s 500 Index reached a record for a second day on speculation that the Greek debt impasse is easing while oil prices erased earlier declines.The S&P 500 climbed 0.1 percent to 2,100.00 at 4 p.m. in New York. U.S. markets were closed for a holiday on Monday.Greece™s government may request an extension of its loan agreement for six months, according to a person familiar with the matter, a step that could ease a...

U.S. Stocks Fluctuate Amid Greek Impasse After S&P 500 Record

U.S. stocks fluctuated, after the Standard & Poor™s 500 Index reached a record last week, as investors weighed the risks of a Greece debt impasse while a drop in oil was offset by a rise in health-care shares.The S&P 500 declined 0.1 percent to 2,094.82 at 12:14 p.m. in New York. The Dow Jones Industrial Average lost 20.39 points, or 0.1 percent, to 17,998.96.52. The Russell 2000 Index was little changed after reaching a record...

European Stocks Little Changed as Greek Shares Fall Amid Talks

European stocks were little changed as a rise in makers of food and drinks offset a drop in Greek equities. The Stoxx Europe 600 Index added 0.1 percent to 377.02 at the close of trading, after declining as much as 0.7 percent. Diageo Plc and Anheuser-Busch InBev NV rose more than 1.5 percent, pushing a gauge of food and beverage shares higher. The U.K.™s FTSE 100 Index climbed...

Gold Gains in Longest Run in Six Weeks as Leaders Discuss Greece

Gold gained for a third day, the longest run of advances in almost six weeks, as euro-area finance ministers meet amid an impasse over Greece™s financing. Talks between Greece and the rest of the euro area ended in acrimony on Monday as officials in Athens lashed out at demands that they stick to the previous government™s austerity program to retain financial support. Bullion...