Gold Falls as Investors Zero In on Outlook for Inflation

Gold dropped for the third time in four sessions as the outlook for low U.S. inflation cut demand for the metal as a store of value. Gains for consumer prices remain tepid, a government report showed last week. While inflation hasn’t reached the Federal Reserve’s 2 percent goal since April 2012, policy makers in December raised interest rates for the first time in almost a decade as the labor market improved. Higher rates coupled with...

Oil Falls From 3-Week High as Iran Says Exports Priority

Oil dropped from a three-week high as Iran repeated its goal of boosting crude exports after sanctions on the nation are lifted. Futures slipped 3.4 percent in New York. Iran’s priority is to boost shipments to pre-sanction levels, Oil Minister Bijan Namdar Zanganeh said, according to the state-backed IRNA news agency. Commodities tumbled amid fresh concerns about Chinese economic growth as the Shanghai Composite Index fell the most in...

Japan Stocks Decline After Monday Gain as Commodity Shares Slip

Japanese shares fell, with the Topix index dropping from its biggest gain in two weeks, as commodities shares led losses following a decline in U.S. stocks. The Topix index slipped 0.3 percent to 1,524.84 as of 9:09 a.m. in Tokyo, with 26 of the 33 industry groups falling. The measure posted its biggest gain since Dec. 17 on Monday on the lowest turnover in a year. The Nikkei 225 Stock Average lost 0.3 percent to 18,824.74....

U.S. Stocks Slip With Crude Weighing on Energy as Year-End Looms

Gains in Amazon.com Inc. and Walt Disney Co. helped U.S. stocks mute declines led by energy shares, as the Standard & Poor’s 500 Index struggled to advance for the year entering the final trading days of 2015. The S&P 500 slipped 0.2 percent to 2,056.55 at 4 p.m. in New York, as the gauge in afternoon trading whittled down an earlier 0.8 percent decline. This week is shortened, with markets closed for the New Year’s Day holiday...

U.S Stocks Fall With Crude Weighing on Energy as Year-End Looms

U.S. stocks declined to begin their final trading days of 2015, with the Standard & Poor’s 500 Index struggling to advance for the year, as commodity shares tracked a retreat in oil following crude’s strongest weekly gain in four months. Energy companies resumed their role as the market’s worst performers after a one-week reprieve, with Chevron Corp. and Marathon Oil Corp. dropping at least 1.8 percent. Copper producer Freeport-McMoRan...