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) - 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...

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...

Aon (AON) authorized a 43% increase to its annual cash dividend paid quarterly on Aon's outstanding Class A Ordinary Shares. Consistent with the increase in the dividend, the Board of Directors has declared a quarterly c...

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...

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 SPDR S&P Semiconductor ETF (XSD) is seeing unusually high volume in afternoon trading Monday, with over 120,000 shares traded versus three month average volume of about 44,000.  Shares of XSD were up about 1.3% on t...

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

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...

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...

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

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

The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Agilent Technologies (A) is now the #7 analyst pick, moving up by 1 spot.         This ran...

The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Procter & Gamble (PG) is the #16 analyst pick.  Despite being ranked lower ...