Dollar Gains Amid Higher Yields as Traders Look Past Fed Views

The dollar’s fighting its way back after the Federal Reserve sent it reeling last week with cuts to its projections for interest rates, inflation and growth.The greenback gained the most in a week as Treasury yields rose from six-week lows after jobless claims dropped to the lowest level since mid-February. The yen advanced to the strongest level in more than a month as Saudi Arabia and its allies bombed targets in Yemen, increasing demand...

Gold Pares Gains After Yemen Air Strikes Rattle Markets

Gold pared gains after hitting a 3-1/2-week high on Thursday, after a knee-jerk reaction to escalating tensions in the Middle East knocked stocks and drove investors into assets viewed as lower-risk, such as bullion and German bonds. Silver rose nearly 3 percent to the highest level in more than five weeks before coming off its highs. Stock markets worldwide were knocked lower and oil prices jumped after Saudi...

S&P 500 Erases Gain in 2015; Treasuries Fall as Gold, Crude Rise

U.S. stocks fell for a fourth day in the longest slide since January, as declines in transportation shares overshadowed a rebound in technology companies. Treasuries tumbled amid weak auction demand, while oil advanced as Saudi Arabia bombed targets in Yemen. The Standard & Poor’s 500 slipped 0.2 percent at 4 p.m. in New York, erasing advances in 2015. The gauge fluctuated between gains and losses throughout the session after...

European Shares Tumble for a Second Day Amid Middle East Tension

European shares posted their biggest two-day slump in almost three months amid increased tension in the Middle East.The Stoxx 600 slid 0.9 percent to 394.54 at the close of trading, as Saudi Arabia and its allies bombed rebels in Yemen. Shares pared losses of as much as 1.8 percent in the final hour of trading. The measure is on course for its largest weekly fall this year after climbing within 0.4 percent of a record. A gauge of energy...

U.S. Stocks Little Changed as Tech Rebound Offsets Airline Slump

U.S. stocks were little changed after erasing an early decline as a rebound in technology shares offset a drop in transportation companies amid crude oil’s five-day rally. Technology shares rose 0.4 percent, even as SanDisk Corp. plunged 17 percent amid a lower first-quarter revenue projection. International Business Machines Corp., Apple Inc. and Intel Corp. added more than 1 percent. American Airlines Group Inc. and Delta Air Lines...