Euro Holds Drop as ECB Tightens Greek Terms; China Futures Clim

The euro held declines versus major peers and Japanese index futures dropped as the European Central Bank tightened the terms of Greece™s bailout by moving to limit funding for lenders. Australian bonds rose, while Chinese stock futures jumped after a reduction in the bank reserve ratio. The 19-nation euro was little changed at $1.1330 by 7:44 a.m. in Tokyo, after sinking as much as 1.4 percent Wednesday. Nikkei 225 Stock Average futures...

Gold Rises for First Time in Three Days on China Monetary Easing

Gold futures rose for the first time in three days as China took steps to shore up economic growth amid signs of a deepening slowdown, boosting demand for the metal as a store of value. China reduced the amount of cash lenders must set aside as reserves in a bid to increase liquidity, following capital outflows and weaker manufacturing. Gold pared earlier gains of as much as 1 percent after a report showed U.S. service industries expanded...

U.S. Stocks Fall, Erasing Gain, as ECB Tightens Rules on Greece

The Standard & Poor™s 500 Index fell, after the biggest two-day rally in almost a month, as concern about Greece™s debt and a decline in oil overshadowed better-than-forecast earnings from Walt Disney Co. to Whirlpool Corp. The Standard & Poor™s 500 Index dropped 0.4 percent to 2,041.38 at 4 p.m. in New York. Stocks fell in the final 30 minutes of trading as the European...

European Stocks Rise Third Day as Drugmakers, Greek Shares Gain

European stocks climbed for a third day, as an increase in health-care shares and Greek companies outweighed a drop in energy producers. The Stoxx Europe 600 Index rose 0.5 percent to 372.1 at the close of trading, reversing losses of as much as 0.3 percent. It extended gains earlier after a report showed U.S. service industries expanded at a faster pace than forecast. Drugmakers were among the biggest contributors to the advance, with...

U.S. Stocks Fluctuate on Earnings; Oil Resumes Drop, Euro Slides

U.S. stocks fluctuated, as gains in consumer shares offset a drop among energy producers. Crude oil resumed its decline following a rise in American inventories, while the euro weakened for the first time in three days as Greece continues to renegotiate its debt. The Standard & Poor™s 500 Index slipped less than 0.1 percent at 12:12 p.m. in New York following a two-day rally....