Gold fell to its lowest since mid-January on Wednesday after a modest upgrade of the U.S. Federal Reserve's economic outlook added zip to the dollar and gave investors an excuse to lighten holdings of bullion.
The Federal Reserve will try to make it clearer whether new banking rules apply to small lenders, Federal Reserve Chairman Ben Bernanke said in remarks on Wednesday.
The Federal Reserve on Tuesday provided few clues on the prospects for further monetary easing, offering just a slight upgrade to its economic outlook while restating concerns about the high level of unemployment.
The Federal Reserve on Tuesday acknowledged recent signs of strength in the economy and said recent financial market strains have eased, offering few clues on the chances for further monetary easing.
The S&P 500 and Nasdaq hit multi-year highs on Tuesday as U.S. retail sales rose more than forecast last month and as concerns eased about the euro zone's crisis.
Stocks rose at the open on Tuesday on easing concerns about the euro zone's economy and after a report showed better-than-expected retail sales last month.
Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
Stock index futures advanced on Tuesday ahead of data that could provide clues about the intensity of consumer spending and before a monetary policy announcement from the Federal Reserve.
Stock index futures advanced on Tuesday ahead of data that could provide clues on the level of consumer spending and before a policy announcement from the Federal Reserve.
The Federal Reserve on Tuesday is expected to hold a steady course on monetary policy, acknowledging a mildly brighter economic outlook while refraining from any suggestion that further easing is now off the table.
Gold fell on Monday, under pressure from a softer euro and from dwindling expectations for the Federal Reserve to signal the need for more measures to keep U.S. rates low, although longer-term investors took their bullion holdings to a fresh record.
The S&P 500 and Nasdaq fell on Monday as economic data in China and a Federal Reserve monetary policy statement due later this week gave traders reason to pause after a three-day rally.
Stocks were set for a slightly lower open on Monday as economic data in China and this week's Federal Open Market Committee announcement gave investors reason to pause after a three-day rally.
Employers added more than 200,000 workers to their payrolls for a third straight month in February, a sign the economy was strengthening and in less need of further monetary stimulus from the Federal Reserve.
The week ahead -- March 12 to March 16 -- will feature the Federal Open Market Committee meeting and three inflation reports for February: import prices, the producer price index (PPI) and the consumer price index (CPI).
U.S. employers hired more than 200,000 workers for a third straight month in February, indicating that companies are feeling more upbeat about the recovery.
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Claims for jobless benefits rose to 362,000, but is still hovering around a 4-year low for the fourth consecutive weeks, underscoring Federal Reserve Chairman Ben Bernanke's view that the U.S. economy has to show stronger growth to ensure that more Americans can find jobs.
Employers probably hired more than 200,000 workers for a third straight month in February, indicating that companies are feeling more upbeat about the U.S. economic recovery, economists said before a report this week.
Stocks rose on Wednesday, a day after the worst selloff in three months for Wall Street, as a report showed the U.S. private sector added more jobs than expected last month.
Gold prices snapped three days of losses to rise on Wednesday, helped by the euro paring losses versus the dollar, which eased negative currency effects on the precious metal, and by a tentative recovery in demand for physical gold at lower prices.
Gold is down more than 6 percent since late February, having dropped sharply from the year's highs after U.S. Federal Reserve chairman Ben Bernanke held off signaling a further round of U.S. monetary easing in a key speech.