The S&P 500 index has not endured such a roller-coaster since in almost three years.
Gold and silver settled lower Thursday after investors returned to stocks amid encouraging news from the Labor Department and stricter margin requirements from the CME Group Inc., which runs US futures markets.
The schizophrenic Dow and other major U.S. markets indexes were having a good day Wednesday, up more than two percent across the board.
Investors will abandon stocks and continue to chase gold over the next few years, based on an analysis of the spot gold to S&P 500 .SPX ratio, Reuters market analyst Wang Tao said.
These two iconic corporations are going in decidedly different directions.
U.S. stocks took another tumble Wednesday, as fears of the weak global economy took hold.
Gold and silver prices rose Wednesday, but a falling stock market pulled down shares of silver mining companies and left gold mining company stocks mixed in midday trading.
Standard & Poor's, whose unprecedented downgrade of U.S. debt triggered a worldwide stocks sell-off, is pushing back against a U.S. government proposal that would require credit raters to disclose "significant errors" in how they calculate their ratings.
Apple Inc on Tuesday surpassed Exxon Mobile Corp, if only briefly, to become the most valuable company in the United States. With a market cap of almost $342 billion, Apple's sales have been increasing 80 percent a year, coupled with even faster profit.
The amount of negative attention Standard & Poor's has received since its decision to downgrade U.S. long-term debt, would make it seem like the rating agency is public enemy number one.
Gold rose Tuesday to another record high as U.S. stocks fluctuated in a narrow range and crude oil fell below $80 a barrel.
The Dow advanced slightly Tuesday after the Fed pledged to keep its benchmark interest rate at a record low through at least mid-2013.
The Senate Banking Committee has begun looking into last week's decision by Standard & Poor's to downgrade the U.S. credit rating, a committee aide has confirmed.
Gold continues its climb to new heights even as U.S. stocks stage a rebound.
The S&P downgrade is already old news for U.S. markets. All eyes are on the Fed, and concerns about slow growth and the real threat of a new recession.
Following a surprise U.S. debt rating downgrade by S&P?s last Friday, now attention turns to other AAA-rated countries, which are at the risk of similar downgrade.
U.S. markets were poised to open higher Tuesday as futures rose based on anticipated action from the Fed.
Every individual issue in the S&P 500 index dropped in value ? in what might be an unprecedented event.
Investors fled stocks on Monday in the first session since Standard & Poor's cut the AAA credit rating of the United States, adding to worry about the economic outlook and Washington's ability to meet the challenges.
Gold notched a new high on Monday as investors ran to the precious metal for safety amid collapsing stock markets.
Amidst the slaughter in equities, Treasuries rallied and gold soared to a new all-time high.
The Dow Jones suffered its sixth-worse loss ever on Monday, dropping 634 points in the first trading day after S&P's downgrade of the United States.