Gold Unruffled by Greece as Trading Range Enters Fourth Month

As global markets convulsed this week over Greece’s possible exit from the euro, gold kept doing what it’s done for most of the year: not much. The metal is little changed this week and volatility dropped to a seven-month low as demand for a haven from Europe political turmoil was balanced by a stronger dollar. Private reports on Wednesday added to signs of an improving U.S. economy, curbing demand for bullion as a haven asset. While...

Euro Falls as Greek Deal Optimism Tempered by Creditor Pushback

The euro fell as Greek attempts to reopen negotiations with creditors faced pushback, extending weeks of mixed signals about the nation’s future in the currency bloc. The 19-nation currency fell versus most of its major peers as German Chancellor Angela Merkel refused to engage until after Greece’s July 5 referendum. The euro weakened against the dollar for a second day as a private payrolls report showed American companies boosted...

U.S. Shares Rise, Bonds Fall on Greek Optimism Before Jobs Data

U.S. shares rose while Treasuries fell amid optimism Greece will forge a solution to its debt crisis and as investors awaited jobs data that may show a strengthening labor market. The dollar gained, while American oil tumbled the most in three months as inventories rose. The Standard & Poor’s 500 Index added 0.7 percent at 4 p.m. in New York. The gauge rose as much as 1 percent, while the Stoxx Europe 600 Index jumped 1.5 percent...

U.S. Stocks Rise Amid Optimism on Chances for Greece Debt Deal

U.S. stocks rose, after equities capped their worst quarter since 2012, as Greece signaled it was ready to compromise to end a standoff over a bailout. The S&P 500 climbed 0.6 percent to 2,074.85 at 12:18 p.m. in New York, after earlier rising as much as 1 percent. The Dow Jones Industrial Average added 110.94 points, or 0.6 percent, to 17,730.45. The Nasdaq Composite Index also advanced 0.5 percent. Greek Prime Minister Alexis...

European Stocks Advance Amid Optimism of Greek Deal Compromise

European stocks advanced amid investor optimism that Greece and its creditors can work out a bailout deal and keep the Mediterranean nation in the euro area. The Stoxx Europe 600 Index rose 1.5 percent to 387.07 at the close of trading. It earlier climbed as much as 2.2 percent after Greek Prime Minister Alexis Tsipras signaled he’s prepared to compromise on the starting point for talks. Shares trimmed gains after he reiterated his...