Market News

WTI for May delivery gained 51 cents to $104.25 per barrel in mid-morning Asian trade while Brent North Sea crude for May rose 52 cents to $107.85

Gold for immediate delivery traded 0.6% higher at $1,326.80 an ounce at 12:16 pm in Singapore

All of the major market averages, except the NYSE Composite, closed last week below their quarterly pivot levels. The PowerShares QQQ Trust (QQQ) had closed below its quarterly pivot a week earlier, on April 4, and is no...

(Kitco News) - Palladium futures hit their highest level since 2011 on Monday as heightened geopolitical tensions surrounding Russia and Ukraine have exacerbated supply worries at a time when a major strike is occurring ...

(Kitco News) - Gold prices finished the U.S. day session higher and hit a three-week high Monday. The market was boosted on safe-haven buying interest, technical buying and short covering. The escalation of the Russia-U...

Deutsche Bank analysts reckon the online grocery delivery group has further to fall

High frequency trading has been in the news more, thanks in part to Michael Lewis’ new book, Flash Boys. This article presents a simple explanation of how and why high frequency trading works, and why it is good for sm...

The US markets are higher this afternoon, with the Dow up 0.75%, the S&P gaining 0.70% and the Nasdaq up 0.63% so far today. Some stocks showing significant gains today include Bank of America (BAC) higher by 1.5%, Citig...

The decline can indeed be traced back to a poor performance by the trading desk, as JPMorgan reported a 17% reduction in trading revenues (fixed-income and equities combined) for the period. To make things worse, the ban...

In addition to its original Email Marketing offering, Constant Contact's new product portfolio included various social media and event marketing tools such as Social Campaign and EventSpot. Constant Contact's average tot...

We figure this strategic expansion of Delta at Seattle will bring immense benefits to it over the long term, driven by rising demand for air travel between the U.S. and Asia. In the near term, new flights from Seattle on...

In the wake of aggressive expansion in the 3G/4G space by market leader China Mobile, China Unicom reported an increase of just 4.7 million wireless subscribers in the first two months of this year, compared to about 6.8...

We also expect Philip Morris' weak performance in the European Union to continue, primarily because of the growing prevalence of illegal trading of cigarettes in the region. Furthermore, the company's performance in the ...

The 48-year old says time had come for "a significant change" following a poor start to the 2014 Formula One season.

(Kitco News) - Large speculators continue to reduce net-long gold futures and options positions on the Comex division of the New York Mercantile Exchange, making the current data in the latest weekly commitments of trad...

Years ago, I argued that most risky investments should have warning labels like cigarettes: This investment is hazardous to your wealth!

In trading on Monday, general contractors & builders shares were relative laggards, down on the day by about 0.1%.  Helping drag down the group were shares of KB Home (KBH), down about 1.2% and shares of William Lyon Ho...

In trading on Monday, precious metals shares were relative leaders, up on the day by about 2.1%.  Leading the group were shares of Fortuna Silver Mines (FSM), up about 5.6% and shares of Banro (BAA) up about 5.1% on the...

In trading on Monday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.4% on the day.  Components of that ETF showing particular strength include shares of Goodrich Petro...

Markets will react to Russia-Ukraine fist fight for weeks to come as tensions heat up between former Soviet partners.

The Hotel Ukraine was built as a homage to Communist ingenuity. Once the tallest building in Europe and the tallest hotel in the world, Stalin's Ukraine is now owned by a billionaire named God and houses Moscow's only Ro...

Robust US retail data rekindle some bids for stocks; euro undermined by ECB officials' talk of more easing