Gold dips as firmer dollar offsets euro zone concerns

Gold prices eased on Tuesday as a rise in the dollar offset the supportive impact of concerns over Greece's future in the euro zone and fears over escalating violence in Ukraine, which hurt risk appetite.A 0.2 percent rise in the dollar against its currency basket led gold to stall after the previous day's rise, preventing a steeper recovery from Friday's three-week low.Spot gold...

Gold Futures Slip as Greece Offers Compromises on Debt Talks

Gold slipped as concerns over the standoff between the new Greek government and creditors eased even as China showed signs of demand before Lunar New Year holidays. Greece offered compromises ahead of an emergency meeting with its official creditors on Wednesday as German Chancellor Angela Merkel remained unyielding over terms of the country™s bailout conditions. Gold rose 4.4 percent this year, partly as concerns that Greece could...

S&P 500 Erases 2015 Losses on Greece Optimism as GM, Coke Rally

The Standard & Poor™s 500 Index erased losses for 2015, closing above a level where previous rallies fizzled out this year, as companies from Coca-Cola Co. to General Motors Co. surged and optimism grew over Greece talks. The S&P 500 climbed 1.1 percent to 2,068.41 at 4 p.m. in New York, the highest level since Dec. 30. The gauge is 1 percent away from its all-time high. The Dow Jones Industrial Average added 138.91 points,...

U.S. Stocks Rise as Coke, GM Rally Amid Greece Debt Negotiations

U.S. stocks rose, following two days of losses, as Coca-Cola Co. and General Motors Co. rallied while investors watched for progress on debt negotiations with Greece. Coke gained 2.9 percent as profit benefited from cost-cutting efforts and a shift toward higher-priced drinks. GM rose 3 percent as a member of President Barack Obama™s team that restructured GM intends to propose an $8 billion stock buyback. Energy shares slipped 0.6...

European Shares Advance Amid Optimism of Greek Bailout Agreement

European stocks advanced amid investor optimism that Greece can reach an agreement on bailout terms with its euro-area creditors.The Stoxx Europe 600 Index added 0.6 percent to 372.94 at the close of trading, after earlier rising as much as 0.9 percent. Greek Finance Minister Yanis Varoufakis faces his euro-zone counterparts on Feb. 11 at an emergency meeting in Brussels. He said...