Gold Rallies in Longest Run Since 2011 as Equities, Dollar Slip

Gold for immediate delivery rebounded, heading for the longest rally in more than four years, as reeling equity markets and a declining dollar boosted demand for the metal as an alternative asset. U.S. stocks declined, with the Standard & Poor’s 500 Index near the lowest since April 2014, as energy shares extended losses. The dollar fell for a second straight day against a basket of 10 currencies. Bullion, which topped $1,200 an...

Brent Oil Falls Most in 5 Months on Glut as Volatility Surges

Crude tumbled the most in five months in London as price volatility climbed to a seven-year high and Goldman Sachs Group Inc. warned of wider swings to come. Brent futures fell 7.8 percent as global equities neared a bear market. Volatility is set to “spike” as prices seek an equilibrium, which could drag oil below $20 a barrel, Goldman Sachs said. The CBOE Crude Oil Volatility Index, which measures expectations of price swings, rose...

U.S. Stocks Slip, Nasdaq Composite Edges Closer to Bear Market

U.S. stocks slipped, with the Standard & Poor’s 500 Index holding near its lowest since April 2014 while the Nasdaq Composite Index edged closer to a bear market, amid declines in energy and technology shares. Equity markets are attempting to stabilize after the Nasdaq Composite Index’s worst two-day selloff since August, and an early drop Tuesday that brought it within 1 percent of a bear market. Whipsaw moves in technology, consumer,...

U.S. Stocks Fluctuate With S&P 500 Lingering Near 22-Month Low

U.S. stocks fluctuated, with the Standard & Poor’s 500 Index near the lowest since April 2014, as energy shares retreated while industrial and raw-material companies erased earlier declines. Equity markets are attempting to stabilize after the Nasdaq Composite Index’s worst two-day selloff since August and an early drop Tuesday brought it within 1 percent of a bear market. Technology shares were little changed after erasing...

European Stocks Retreat to Lowest Since 2013 as Banks Tumble

European stocks tumbled for a seventh day and a gauge of banks slid to its lowest level since 2012 as the global equity rout sparked by investor worries over the economic recovery showed no signs of abating. Greece’s Eurobank Ergasias SA led lenders lower, sliding 12 percent, as the cost of insuring financial debt rose amid concern over whether banks are strong enough to cope with a downturn. Credit Suisse Group AG lost 8.4 percent after...