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Market News

Location American Market News for 13 July 2013

Gold, silver extend losses on sustained selling

livemint.com - 13 Jul 2013 12:07
Gold, silver extend losses on sustained selling Gold fell by Rs50 to Rs27,250 per ten grams, silver shed Rs120 to Rs41,410 per kg
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With one of the riders ahead of him in the MotoGP standings out of the German Grand Prix and the other questionable, Marc Marquez can make up ground.
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An unidentified buyer paid about $30 million at an auction for a car formerly used by Formula One great Juan Manuel Fangio. The selling price is a record, the auctioneer said.
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Banks Are Cautious Even as Profits Rise

Wall Street Journal - 13 Jul 2013 04:42
J.P. Morgan and Wells Fargo, two of the nation's largest banks reported better-than-expected profits, but warned that mortgage lending could drop if interest rates stay elevated.
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In 2011, Chinese travelers made 70 million international trips. In 2020, that number is expected to far exceed 100 million, according to the World Tourism Organization. Many Chinese travelers stick close to home when tra...
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The New Wave of IPOs

Wall Street Journal - 13 Jul 2013 03:05
Initial public offerings are taking off again, with more in the pipeline than at any time since 2007. Here's why investors should be wary.
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Corporations Open the Bond Spigot

Wall Street Journal - 13 Jul 2013 02:02
Big companies are returning to U.S. debt markets, as higher interest rates have replenished investors' appetite following last month's bond-market rout.
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