Soros, Others Dump Gold as Metal No Longer 'Safe Haven'
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Markets Fluctuate on Chatter of Early QE Exit by Fed
May 17, 2013 7:46 AM EDTStock futures were lower early on chatter that the Fed might call an early exit to its easing program.
San Francisco Federal Reserve Bank President John Williams commented Thursday that the Fed could curb open-market action over the summer, leading to an potential stoppage by the end of... More
Gold Sinks Below $1400/oz (GLD) (IAU) (SLV)
May 15, 2013 1:58 PM EDTGold futures and SPDR Gold Trust ETF (NYSE: GLD) came under pressure on Wednesday, declining 2 percent and breaking below $1400 per ounce. Subdued PPI inflation data appears to be the main cause for the decline.
The fall caused havoc among gold miners, with... More
Buyers Rush Into Gold During Record April Slump; Some Weren't So Happy
May 7, 2013 11:21 AM EDTSPDR Gold Shares (NYSE: GLD), Market Vectors Gold Miners ETF (NYSE: GDX), and iShares Gold Trust (NYSE: IAU) are all lower on the session amid data out Tuesday suggesting a surge in demand last month.
According to BullionVault, its Gold Investor... More
