Investment News – U.S. Federal Reserve, NEW YORK, METALS OUTLOOK: Gold Market Will Watch Equities, FOMC Meeting
(Kitco News) – The direction of equity markets and a meeting by the U.S. Federal Reserve will be watched by gold market participants next week to see if the yellow metal will finally break above ,600 an ounce.
Futures mixed with S&P 500 nearing new high
NEW YORK (AP) — U.S. stock futures are mixed ahead of the release of the latest data on industrial production and consumer prices. Two major U.S. indexes are in position to test record highs.
Fed Clears Capital Return From Most Banks, Flags Issues For Four
Fourteen of the 18 banks that must submit to the Federal Reserve’s annual stress tests and capital reviews had their 2013 plans approved by the central bank. Four were not approved
US stocks waver after seven straight gains
NEW YORK (AP) — Stock indexes wavered between small gains and losses on Wall Street following a seven-day rally.