Dollar Snaps Losing Streak With Yellen, Fed Leaders Set to Speak

The dollar halted its longest losing streak in three weeks before Federal Reserve Chair Janet Yellen’s first speech since the central bank met last month. The U.S. currency rose against the euro and the yen as Yellen prepares to address Congress on Wednesday, after indicating policy makers will review raising rates in December. Fed Vice Chairman Stanley Fischer and New York Fed President William C. Dudley also speak the same day. The...

Gold marks longest losing streak since September

Gold finished lower on Tuesday, as it remained weighed down by recent hints from the U.S. Federal Reserve that an interest-rate increase could come yet this year. December gold ended down $21.80, or 1.9%, to settle at $1,114.10 an ounce, posting its worst point and percentage drop since Oct. 29, when it lost $28.80, or 2.5%. Tuesday’s decline marks the metal’s fourth consecutive decline and its longest losing streak since Sept. 25,...

U.S. Stocks Extend Rally as Commodity Producers Continue Rebound

U.S. stocks extended a rally, with the Standard & Poor’s 500 Index reaching a three-month high, as beaten-down commodity producers continued to pace the recovery from a third-quarter rout. The S&P 500 rose 0.3 percent to 2,109.87 at 4 p.m. in New York, to close 1 percent below its all-time high set in May. The Nasdaq 100 Index, the first major U.S. stock gauge to retake a multiyear high established earlier in 2015, climbed 0.3...

European Stocks Climb for Second Day, Led by Oil Shares

European equities extended a rally that has helped them recoup about half the losses from a summer rout, buoyed by gains in energy and commodity producers. Oil-and-gas stocks had the best gains among industry groups, following crude higher. Tullow Oil Plc jumped 18 percent amid optimism for production from its Ghana partner. Glencore Plc and Anglo American Plc rose 3.2 percent or more. Standard Chartered Plc fell 6.7 percent after posting...

U.S. Stocks Gain With Dollar, Treasuries Fall on Fed Rate Bets

U.S. equities erased losses to extend a 10-week rally, while Treasuries fell to a six-week low amid rising prospects for higher interest rates this year. Energy shares led gains in European and U.S. equities, sending oil producers to the highest levels since at least August as oil climbed past $47 a barrel in New York. The sector was the worst performer during the summer swoon. Confidence that global growth is firming damped speculation...