Dollar Reaches 5-Week High on China Rout, Oil Drop, Greek Crisis

The dollar surged to a five-week high as unfinished efforts to address Greece’s debt crisis and a rout in commodities pushed investors into the safest assets. The Bloomberg Dollar Spot Index, which tracks the U.S. currency against 10 of its major peers, gained 0.6 percent to 1,197.22 as of 1:50 p.m. New York time. It touched the highest level since June 1. The yen added 0.1 percent to 122.43 per dollar. The currency rallied 1.5 percent...

Gold Falls to 15-Week Low, Silver Sags as Dollar Gains on Greece

Gold fell to a 15-week low and silver slumped to the cheapest in seven months after Greece’s economic crisis boosted haven demand for the dollar, eroding the allure of precious metals as stores of value. On the Comex in New York, gold futures for August delivery declined 1.8 percent to settle at $1,152.60 an ounce at 1:48 p.m. after touching $1,146.80, the lowest for a most-active contract since March 18. Silver futures for September...

Japan Stocks Fall as Investors Weigh Greek Deadline, China Rout

Japanese stocks fell as investors weigh China’s broadening equity rout and an ultimatum from European leaders that they will force Greece out of the currency union if a Sunday deadline isn’t met. The Topix index lost 0.4 percent to 1,631.12 as of 9:01 a.m. in Tokyo, with all but seven of its 33 industry groups declining. The Nikkei 225 Stock Average dropped 0.4 percent to 20,287.11. China is suffering its biggest stock rout since 1992...

Indeks Saham AS Rebound Sementara Saham Asia, Komoditas Tenggelam

Indeks Standard & Poor 500 naik, membalikkan penurunan lebih dari 1 persen, karena meningkatnya spekulasi bahwa krisis Yunani akan terkandung. Ekuitas emerging-market jatuh di tengah aksi jual komoditas, sementara dolar menguat. Indeks S&P 500 naik 0,6 persen pukul 4 sore di New York, rebound pasca tergelincir di bawah harga rata-rata untuk 200 hari terakhir. Indeks Stoxx Europe 600 turun sebesar 1,6 persen dan indeks MSCI Emerging...

U.S. Stocks Decline as Commodity Shares Slide Amid Greek Talks

The Standard & Poor’s 500 Index fell below its average price for the past 200 days for first time since October, as commodities plunged and the Greece crisis continued. The S&P 500 Index slipped 0.6 percent to 2,057.35 at 12:05 p.m. in New York, and earlier reached a three-month low. The Dow Jones Industrial Average retreated 119.06 points, or 0.7 percent, to 17,564.52. The Nasdaq Composite Index declined 1.2 percent. Trading...