Gold prices tumbled below the psychologically significant $1,700 level Monday as fears that neither the U.S. nor Europe appear able to make progress on their sovereign debt problems drove investors to the dollar.
Silver mining company shares plunged Monday, in many cases falling more sharply than the broader stock market or the price of silver itself.
U.S. stocks dropped about 2 percent on Monday, putting the S&P on track for its fourth straight day of losses as concerns about heavy debt loads both domestically and abroad added uncertainty to a troubled market.
Gold prices fell Monday as technical factors and increased demand for the U.S. dollar outweighed otherwise bullish forces.
With less than four days until the deadline for a debt-reduction deal, the political climate late Sunday night on the super committee and on Capitol Hill is not encouraging -- gridlock permeates the air as Democrats and Republicans remain far apart on the key issue in the talks: tax increases.
Wall Street is in for a volatile week as escalating problems in Europe's debt crisis continue to keep investors on their toes. With light trading volume expected due to the U.S. Thanksgiving holiday on Thursday, intraday swings are likely to be wide and frequent.
Stocks were little changed on Friday, but easing European sovereign debt yields kept the S&P 500 above a key technical level.
Wall Street stocks were set to bounce back on Friday after Europe's debt crisis drove heavy market losses this week, with the S&P 500 falling through important technical levels and possibly facing another key test of strength.
Stock index futures pointed to a slightly higher open for equities on Wall Street Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.2 to 0.3 percent.
The top after-market NASDAQ stock market gainers are: Blue Coat Systems, Focus Media, CTC Media, KIT Digital, Shoe Carnival, Photronics, Republic Airways Holdings, ON Semiconductor, Morgans Hotel and Perry Ellis.
Stocks fell sharply in early afternoon on Thursday as nervous investors bailed out of the market, after the S&P 500 broke a key technical level.
Citigroup analysts believe that Amazon will launch its own smartphone in the fourth quarter of 2012.
Stocks were little changed on Thursday as concerns over rising yields on Eurozone debt kept optimism over another round of improved U.S. economic data in check.
Stock index futures were set to open little changed on Thursday as investors balanced another round of improved U.S. economic data with concerns over rising yields on Eurozone debt.
Gold prices fell Thursday as contagion from Europe's sovereign debt crisis began engulfing the continent's once-mighty economies.
Stock index futures pointed to a steady-to-lower open on Wall Street on Thursday, with futures for the S&P 500 flat, Dow Jones futures down 0.04 percent and Nasdaq 100 futures down 0.15 percent at 1055 GMT.
The top after-market NASDAQ stock market gainers are: Rambus, Zoll Medical, Sequenom, Hot Topic and Activision Blizzard. The top after-market NASDAQ stock market losers are: NetApp, Horsehead Holding, Echelon Corp, Conn's and GT Advanced Technologies.
Gold prices regained some early losses Wednesday after the European Central Bank intervened in the bond market to cap dangerously high yields on Italian, Spanish and French bonds.
Stock index futures pointed to a higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.4 percent at 1007 GMT.
The top after-market NASDAQ stock market gainers are: Exelis, MannKind, Velti, Amarin and LM Ericsson. The top after-market NASDAQ stock market losers are: Hot Topic, Amtech Systems, Flow International, Idenix Pharma and Spectrum Pharma.
Upscale apparel and accessories retailers have been consistently outperforming the rest of the retail market, as they've been able to simultaneously roll back discounts and increase sales. A spike in sales for the most expensive of offerings, and at branded outlets, belies a more sinister reason for the surge: growing income inequality.
Stocks rose in a choppy market on Tuesday, led by gains in technology shares that offset worries the Eurozone's debt troubles will spread.