Gold Rises for Second Day as Economic Woes Ease Fed Rate Concern

Gold rose a second day, extending a rebound from a three-month low, on speculation that economic risks from China and Greece will prompt the Federal Reserve to delay raising U.S. interest rates. All but one member of the Federal Open Market Committee “indicated that they would need to see more evidence that economic growth was sufficiently strong” before raising rates, Fed minutes released Wednesday showed. Higher rates curb bullion’s...

Gold Rises for Second Day as Economic Woes Ease Fed Rate Concern

Gold rose a second day, extending a rebound from a three-month low, on speculation that economic risks from China and Greece will prompt the Federal Reserve to delay raising U.S. interest rates. All but one member of the Federal Open Market Committee “indicated that they would need to see more evidence that economic growth was sufficiently strong” before raising rates, Fed minutes...

Japan Stocks Rise Amid China Rebound as Greece Submits Proposal

Japanese stocks rose as Greece submitted a bailout proposal similar to that mooted by creditors and futures signaled Chinese markets will rebound for a second day. The Topix added 0.5 percent to 1,587.61 as of 9:01 a.m. in Tokyo, paring its biggest weekly loss in nine months to 3.9 percent. The Nikkei 225 Stock Average lost 0.1 percent to 19,834.47. The yen weakened 0.2 percent to 121.60 per dollar after yesterday declining 0.5 percent...

U.S. Stocks Advance After China Rebounds; Greek Deadline Looms

U.S. stocks advanced, after Chinese equities rebounded the most since 2009 and the Greek government faced a deadline for an economic plan to secure a new bailout. The Standard & Poor’s 500 Index climbed 0.2 percent to 2,051.27 at 4 p.m. in New York, after falling 1.7 percent to a four-month low yesterday. The S&P 500 climbed as much as 1.4 percent today before giving up more than half its gains to trade near its average price...

U.S. Stocks Gain Amid Global Rally After China Equities Rebound

U.S. stocks rose, with the Standard & Poor’s 500 Index climbing from a four-month low, as Chinese equities rebounded the most since 2009 and optimism grew that a Greek debt crisis won’t spread. The S&P 500 climbed 0.7 percent to 2,061.64 at 12:20 p.m. in New York, after earlier rising as much as 1.4 percent. The Dow Jones Industrial Average advanced 132.32 points, or 0.8...