Treasury yields push higher after auction; commodities declineU.S. indexes lose day's gains after rebounding from routKeith Parker of UBS and James Athey of Aberdeen Asset Management discuss investors returning to equities.U.S. stocks remained on unsteady footing as the bout of volatility that’s gripped global financial markets persisted amid signs that the rise in Treasury yields has yet t...Read More

Wall Street Overview The Dow Jones Industrial Average finished lower by 19 points, or 0.08%,on Wednesday, Feb. 7. The S&P 500 declined by 0.50% and the Nasdaq slumped 0.89%.  Treasury yields rose on news that congressional leaders reached an agreement on a two-year budget deal that would prevent a government shutdown. The agreement raises federal spending by almost $300 billion ove...Read More

Showrooms in Shenzhen busy, wholesalers see clients returningWorld's biggest jeweler expects sales to keep expanding in '18An employee arranges gold bracelets at a Chow Tai Fook store in Shanghai.Photographer: Qilai Shen/BloombergChina’s growing throng of affluent consumers is driving a rebound in demand for gold rings, bracelets and necklaces as a property boom and high stock market valuat...Read More

Photographer: Luke MacGregor/BloombergGold jewelry demand in the United Arab Emirates sank to a 20-year low last year, the fourth consecutive annual decline, the World Gold Council said.Purchases fell 2 percent to 42.8 tons last year, the producer-funded council said Tuesday in an emailed report. The drop occurred even after fourth-quarter demand gained 16 percent as consumers rushed to buy to bea...Read More

Global stocks attempted to rebound from the recent global rout Wednesday, with modest gains in Asia and improving futures in Europe, but traders remained on edge amid high volatility and climbing bonds yields that could keep markets difficult to predict in the days ahead. Wall Street futures suggest big declines at the start of trading, with contracts tied to the Dow Jones Industrial Averag...Read More

Investors sold off copper on Wednesday as the US dollar strengthened and equity and bond market volatility spilled over onto commodity markets.Comex copper plunged more than 3% to a low of $3.085 a pound ($6,800 per tonne) in New York, an eight-week low. Volumes were particularly heavy, with more than 185,000 lots worth some $14.3 billion traded by the close. After a 30% jump in 2017, copper ha...Read More

The latest news and price moves to start the Asian day on Thursday February 8.Base metals prices on the London Metal Exchange plunged at the 5pm close on Wednesday February 7, with a strong recovery in the dollar leading copper prices to plummet 2.4%. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Tom Albanese, the former chief executive officer of bo...Read More

I'm not so sure investors are prepared for an actual market pullback. It was nearing the end of January and the Dow had just broken above 26,000 for the first time ever. But the stock market turned lower after hitting new all-time highs and finished the day in the red.As far as reversals go, it was a tame one. Stocks even opened higher the very next day. But we could sense some mild panic beginnin...Read More

Dear Reader,“Volmageddon”+2.Stocks mounted a heroic charge yesterday… like cavalry answering the bugle at a desperate moment.The bears threw down their arms... and took to their heels.The Dow regained 567 points when the smoke cleared yesterday afternoon.The major averages opened higher again this morning… before the bears counterattacked later in the day.The Dow, the S&...Read More

The last few trading days have given investors quite a ride.It's no secret Friday-to-Monday's sell-off scarred many retail investors out of the market. As share values dipped across every sector, biotech investors felt the pain too.It all started last Friday. Market reaction to rumors of the Federal Reserve's planned rate hikes kicked off a frenzy of selling.For two days we were harshly reminded w...Read More

1,597.08That’s how far the Dow Jones Industrial Average fell on Monday before rebounding a bit into the close.Investors freaked out - even the professionals!Just for a little comedic relief, I flipped on CNBC in my office to see how the talking heads were handling the crisis. And true to form, most of them were yelling questions at each other with very few answers for investors.Yes, the Dow&...Read More

Showrooms in Shenzhen busy, wholesalers see clients returningWorld's biggest jeweler expects sales to keep expanding in '18An employee arranges gold bracelets at a Chow Tai Fook store in Shanghai.Photographer: Qilai Shen/BloombergChina’s growing throng of affluent consumers is driving a rebound in demand for gold rings, bracelets and necklaces as a property boom and high stock market valuat...Read More

Precious FewGold Wins, Bitcoin LosesSo much for the digital currency providing negative beta.By David Fickling@davidficklingMore stories by David FicklingRead More

Investing.com - Gold prices edged higher on Wednesday, bouncing off the prior session's three-week low as focus remained on U.S. stocks, which were the source of the latest turbulence in global markets.Comex gold futures were at $1,333.00 a troy ounce by 3:10AM ET (0810GMT). That was up around $3.00, or 0.25%, from their last settlement. Prices touched their lowest since Jan. 12 at $1,322.80 in th...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for March delivery lost $1.60 to $61.79 on the New York Merc, while Brent for April lost $1.35 to $65.51 (all figures in this para U.S.). Western Canadian Select traded at a discount of $30.70 to WTI ($31...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $5.60 to $1,318.10 on Wednesday. The TSX Venture Exchange gained 1.04 points to 830.69 while the TSX Gold Index fell 1.84 points to 181.63. McEwen Mining Inc. (MUX) led Canadian gold miners lower today, dropping...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a rousing 113-52-124. The TSX Venture Exchange rose one point to 830 while polished diamond prices edged lower. James Nelson's Spearmint Resources Inc. (SRJ) added 1.5 cents to nine...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange added 1.04 points to 830.69 Wednesday. Geoff Balderson's halted Aim Exploration Ltd. (AXN) has a filing statement for its qualifying transaction. The company is acquiring Dan Reitzik and Chris Filiatraut's bitc...Read More

The latest news and price moves to start the Asian day on Thursday February 8.Base metals prices on the London Metal Exchange plunged at the 5pm close on Wednesday February 7, with a strong recovery in the dollar leading copper prices to plummet 2.4%. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Tom Albanese, the former chief executive officer of bo...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellColorado securities lawyer Diane Dalmy, known in Vancouver for her part in a 2011 shell factory scheme involving John Briner, has pleaded guilty to unrelated criminal charges in Connecticut. Prosecutors there claim that she was part of multiple pump-a...Read More