Stocks wavering between positive and negative territory despite encouraging jobless claims and trade deficit data. Campbell Soup also warns again about slowing soup sales. Newswires editors Anna Raff, Brian Baskin and George Stahl report on The Markets Hub.
Economic Indicators, Economy, Markets / Comments Off
Dow Jones Industrials, Economy, Gold, Markets / Comments Off
Stocks barely budged for much of the session, but suffered a final-hour selloff and close lower for a second-straight day. The declines come despite some positive economic data and corporate deal making. Gold also broke to another all-time high, while crude oil hit a two-year high. Dow Jones’ Anna Raff, Joe Bel Bruno and I break it down on The Markets Hub.
Dollar, Federal Reserve, Gold, Markets, Washington / 1 Comment
Markets are still reacting to the Fed’s latest hints about quantitative easing as the central bank’s statement prompts a weaker US dollar while Treasurys rise and gold, once again, hits another fresh high. Dow Jones Newswires editors Anna Raff, Eduardo Kaplan and Steve Wisnefski discuss on the Markets Hub.
Japan intervenes in the currency market to stem the rise of the yen, but questions remain about how successful the strategy will be over the long term.
Newswires editors Stephen Wisnefski, Anna Raff and Eduardo Kaplan discuss on the Markets Hub.