Gold Rise to 11 Week High as Greek Election Spurs Euro Turmoil

Gold futures rose to an 11-week high on speculation that Greece will abandon the euro, boosting the precious metal™s appeal as a haven asset. Silver climbed to a one-month high. Gold futures for February delivery climbed 0.1 percent to settle at $1,234.40 an ounce at 1:45 p.m. on the Comex in New York. Earlier, the metal reached $1,244.50, the highest for a most-active contract since Oct. 23. Silver futures for March delivery gained...

Euro Declines to Nine-Year Low on Stimulus Outlook; Ruble Drops

The euro fell to a nine-year low as officials fueled speculation that the European Central Bank will begin buying government bonds as early as next week to stave off deflation. A gauge of the dollar gained to almost the highest in a decade on bets the Federal Reserve will raise interest rates this year. Richard Clarida of Pacific Investment Management Co. said he sees the euro...

U.S. Stocks End Lower After Fluctuating Amid Drop in Oil, Copper

Volatility surged in the U.S. equity market as the Dow Jones Industrial Average erased both a 282-point rally and a 143-point decline, then slipped again in the final minutes to close lower. U.S. stocks swung between gains and losses as oil prices fluctuated near the lowest level in five years, while copper plunged. The Standard & Poor™s 500 Index dropped 0.3 percent to 2,023 at 4 p.m. in New York, after an earlier gain of 1.4 percent...

U.S. Stocks Rebound From Two-Day Slide; Euro, Copper Retreat

U.S. equities advanced after two days of declines, as Apple Inc. led a technology rally and Alcoa Inc.™s results boosted optimism in the economy. Retailers drove stocks higher in Europe, while oil fluctuated after dropping below $45 a barrel in New York. The Standard & Poor™s 500 Index gained 0.7 percent at 12:23 p.m. in New York, trimming gains as homebuilders slumped. Apple and Amazon.com Inc. advanced more than 2 percent following...

Europe Stocks Gain as Retailers Rise, U.K. Prices Miss Forecasts

European stocks advanced for a second day, as retailers climbed and data showed U.K. inflation fell to the lowest level in 15 years. The Stoxx Europe 600 Index added 1.4 percent to 344.77 at the close of trading. The equity gauge extended gains after a report showed Britain™s consumer-price growth slowed to 0.5 percent in December, below estimates, amid a plunge in oil prices. The U.K.™s FTSE 100 Index climbed 0.6 percent. With crude...