Dollar Maintains Retreat on Fed Rate Outlook; Asia Futures Mixed

The dollar held declines against the euro and the yen after weak manufacturing data stoked speculation the U.S. will push back the timing for higher interest rates. Oil was near a 2015 high and Asian stock futures were mixed. The greenback was steady at $1.0677 per euro by 8:27 a.m. in Tokyo, and traded near a two-week low versus Japan’s currency. U.S. oil dropped 0.6 percent...

Gold Rebounds as New York Manufacturing Unexpectedly Contracts

Gold futures rebounded after a gauge of manufacturing in New York state unexpectedly declined, boosting the precious metal’s appeal as a haven. A surprise negative reading for the New York Federal Reserve Bank’s index added to recent signs of uneven U.S. expansion and eased concerns that the economy is strong enough for policy makers to start raising interest rates. The metal fell 2.5 percent last month on speculation that rates would...

U.S. Stocks Rise Toward Records on Intel, Oil Gain; Dollar Drops

U.S. stocks rose as Intel Corp. rallied on earnings and energy shares surged after oil reached the highest level this year. The dollar fell after a drop in manufacturing bolstered the case for continued stimulus. The Standard & Poor’s 500 Index added 0.5 percent at 4 p.m. in New York, closing 0.5 percent below its all-time high. The Russell 2000 Index of small companies rose 0.8 percent to a record, while the Stoxx Europe 600 Index ...

U.S. Stocks Rise Amid Intel Forecast While Oil Reaches 2015 High

U.S. stocks rose as Intel Corp. rallied on earnings, while Treasuries gained after a drop in manufacturing bolstered the case for continued stimulus. European bonds climbed and oil reached the highest level of the year. The Standard & Poor’s 500 Index added 0.5 percent at 12:01 p.m. in New York, reaching within 0.5 percent of its all-time high. The Stoxx Europe 600 Index rose 0.6 percent to a record. The yield on 10-year Treasury...

Europe Stocks Extend Record as Draghi Says QE Will Stay Course

European stocks rose with commodity shares after Mario Draghi said quantitative easing will continue until there’s sustained improvement in inflation.The Stoxx Europe 600 Index added 0.6 percent to 414.06 at the close of trading, with gauges of miners and energy shares posting the biggest gains. The Stoxx 600 has surged 21 percent this year, with a weaker euro helping exporters,...