Natural gas slides from 6-month high on mild weather forecasts
Natural gas futures dropped from a six-month high as forecasts showed a shift to milder weather after a cold spell.
U.S. stocks halt five-day slide after November jobs report
U.S. stocks advanced, halting a five-day slide for the Standard & Poor’s 500 Index, as investors weighed better-than-forecast jobs growth to gauge the strength of the economy and timing of Federal Reserve stimulus cuts.
Protecting your long position before tomorrow’s jobs report
Tomorrow morning markets will react to the release of the November unemployment number. This release will be watched very closely as market participants look for clues for when the Fed might taper its $85 billion a month bond buying program.
Ex-Goldman trader gets nine months for concealing loss
Former Goldman Sachs Group Inc. trader Matthew Taylor was sentenced to nine months in prison for concealing an unauthorized $8.3 billion trading position in 2007, which caused the bank to lose $118 million.
