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By Anthony Lazzara |
May 14, 2013
The JUN13 E-mini Nasdaq has traded up through 3000 this morning, and is now trading at 3002. Our short term technical target for this market is 3050.
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By Joe Richter and Debarati Roy, Bloomberg |
May 14, 2013
Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 14, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the largest economy. Industrial metals retreated on concern about China’s growth.
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By Craig Stirling, Bloomberg |
May 14, 2013
Greece won an upgrade by one level from Fitch Ratings, which cited the country’s progress in rebalancing the economy and bringing its deficits under control.
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By Elizabeth Campbell, Bloomberg |
May 13, 2013
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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By Shobhana Chandra, Bloomberg |
May 13, 2013
Retail sales in the U.S. unexpectedly rose in April reflecting broad-based gains that may ease concern consumers are holding back.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Inyoung Hwang, Bloomberg |
May 10, 2013
U.S. stocks advanced, as the Standard & Poor’s 500 Index rallied for a third straight week, amid optimism that the U.S. economy is improving amid central-bank monetary stimulus.
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By Susanne Walker and David Goodman, Bloomberg |
May 10, 2013
Treasuries fell, with 10-year note yields climbing to the highest level in five weeks, as signs the U.S. economy is improving amid central-bank monetary stimulus sapped demand for U.S. debt.
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By Alex Kowalski, Bloomberg |
May 9, 2013
The number of Americans filing claims for jobless benefits unexpectedly dropped last week to the lowest level in more than five years, a signal employers are confident enough in the economic outlook to hold onto workers.
