Gold Silver Reports — Stocks Fall as Korea Tensions Flare — Stocks fell and gold and the yen climbed as geopolitical tensions flared up again, with U.S. President Donald Trump weighing new economic sanctions that could target China after a nuclear test Sunday by North Korea. The dollar dropped for a third day.
Stocks
Stocks Hover, Metals Rally as Markets Digest Data
Gold Silver Reports — Stocks held firm Monday as metals climbed on better-than-expected Chinese growth. The pound fell as Brexit negotiations resumed.
Oil Rose After an Unexpected Drop in Inventories
Gold Silver Reports – U.S. stocks tumbled following their biggest gain in two months, as disappointing results from Walt Disney Co. to Macy’s Inc. raised doubts about the strength of the American consumer. Oil rose after an unexpected drop in inventories, while the dollar fell.
The S&P 500 Index retreated for the first time in four days, while the Dow Jones Industrial Average erased all but five points of its Tuesday advance. Retailers led declines as Disney sank the most since January and Macy’s led a selloff in apparel shares. Energy producers rallied as U.S. oil surged past $46 a barrel. Industrial metals also climbed as Glencore Plc forecast demand will exceed supply. Brazilian shares fell, while the real climbed as the Senate geared up for a vote that could oust the president.
Stocks Little Up as Commodities Drop
Gold Silver Reports — U.S. stocks meandered, with the Dow Jones Industrial Average ticking up to its highest level since July as global equities capped a fifth straight advance on gains in Europe and Asia.
China Stocks Zoom Signs of Growth Pickup
Gold Silver Reports — China’s stocks closed at a three-month high, led by technology companies, on signs of a recovery in the world’s 2nd-largest economy.