Gold slips as Greek crisis knocks euro

Gold prices fell on Tuesday as the prospect that Greece would default on a repayment to the International Monetary Fund knocked the euro against the dollar, and as investors remained wary over the metal's longer-term prospects. The chairman of the Eurogroup said it was too late to extend Greece's existing bailout and that the country's stance toward its creditors and euro zone partners would have to change before a new program could...

Oil Pares Monthly Drop as Traders Weigh Greek Bailout Deadline

Oil pared its first monthly decline since March in New York after an official said the European Union contacted Greece to detail how a last-minute bailout accord could still be reached. West Texas Intermediate futures rose 0.7 percent, trimming their loss in June to 2.6 percent. European Commission President Jean-Claude Juncker contacted Greek Prime Minister Alexis Tsipras Monday with the proposal, according to an EU official who asked...

Asian Stocks Advance After Steepest Monthly Drop Since September

Asian stocks rose, after the regional benchmark gauge posted its biggest monthly drop since September, as energy and materials shares led gains. The MSCI Asia Pacific Index climbed 0.1 percent to 146.38 as of 9:01 a.m. in Tokyo. The measure slid 3.4 percent in June, leaving it little changed for the quarter, as Chinese equities in Hong Kong slumped. The city’s stock market is closed Wednesday for a holiday. An official report on China’s...

U.S. Stocks Rebound as Europe Shares, Euro Fall Amid Greece Saga

U.S. stocks rebounded from the biggest drop in a year as Greece made last ditch attempts to secure financing before bailout funding ends. European equities fell with the euro amid the 11th-hour wrangling, while Treasuries capped the first quarterly retreat since 2013. The Standard & Poor’s 500 Index rose 0.3 percent at 4 p.m. in New York. It trimmed the advance in the final minutes of trading to erase a gains for the quarter and is...

U.S. Stocks Erase Gain as Europe Shares, Euro Retreat on Greece

U.S. stocks pared gains, while European equities fell with the euro amid 11th-hour wrangling before bailout funding for Greece ends. Treasuries rose, trimming the first quarterly retreat since 2013. The Standard & Poor’s 500 Index fell less than 0.1 percent at 12:29 p.m. in New York, erasing a 0.8 percent gain. The gauge tumbl the most in a year Monday, leaving it lower for the past three months after nine straight quarterly gains....