World Markets

  • US oil ends sharply lower, dragged by gasoline Thursday, 8 Aug 2013 | 2:37 PM ET

    Crude oil prices on both sides of the Atlantic dropped sharply on Thursday as traders liquidated long positions and followed gasoline futures prices lower.

  • Gold on offensive, settles 2% higher after data Thursday, 8 Aug 2013 | 2:25 PM ET

    Gold jumped nearly 2 percent to above $1,300 an ounce on Thursday as surprisingly strong rebounds in China's exports and imports sparked economic optimism.

  • Japan's benchmark index suffered a second consecutive steep fall on Thursday after the previous day's 4 percent tumble as the yen rose, while the rest of Asia ended mixed following China's upbeat trade figures.

  • Dollar posts broad losses; yen and sterling rally Wednesday, 7 Aug 2013 | 4:51 PM ET

    The dollar fell to a seven-week low against major currencies on Wednesday, stung by steep losses against the yen and sterling, on concerns about the scope and timing of the Federal Reserve's eventual tapering of its bond-buying program.

  • Stocks log 3-day losing streak amid Fed taper talks Wednesday, 7 Aug 2013 | 4:33 PM ET

    Stocks recovered from their worst levels but still closed in the red for a third session Wednesday, with major averages retreating further from their recent highs, amid renewed concerns about when the Federal Reserve may start to wind down its bond-buying program.

  • Gold rises, but gains limited by Fed concerns Wednesday, 7 Aug 2013 | 2:53 PM ET

    Gold partially recovered from a three-week low hit on Wednesday, but remained under pressure on prospect that the Fed could start to rein in its stimulus program as soon as next month.

  • US oil ends over $104 after stockpiles data Wednesday, 7 Aug 2013 | 2:40 PM ET

    Crude dropped for a fourth consecutive session on Wednesday, with U.S. oil settling over $104, after a report showed U.S. crude inventories declined.

  • Cashin: Here's what's making markets nervous today Wednesday, 7 Aug 2013 | 10:18 AM ET

    The markets are suffering from unexpected geopolitical anxiety, said Art Cashin, director of floor operations at UBS Financial Services.

  • Nikkei closes down 4% as yen rises on Fed uncertainty Wednesday, 7 Aug 2013 | 3:30 AM ET

    Japan's Nikkei index ended below the key 14,000 level on Wednesday as the yen hit a six-week high against the greenback on uncertainty about when the Federal Reserve could begin tapering its easy-money program.

  • Stocks closed near session lows Tuesday, with major averages logging their biggest declines since June, after two Federal Reserve Presidents said the central bank could begin tapering its easy-money program as early as September.

  • US bond prices little changed amid supply Tuesday, 6 Aug 2013 | 5:28 PM ET

    U.S. Treasurys prices ended little changed on Tuesday after the Treasury's $32 billion three-year note sale drew solid demand.

  • Dollar falls to six-week low vs yen, euro rises Tuesday, 6 Aug 2013 | 4:49 PM ET

    The dollar fell broadly on Tuesday, hitting a six-week low against the yen, as investors pared back bets on the U.S. currency on uncertainty about when the Federal Reserve will start reducing its bond purchases.

  • Gold settles below $1,300 on encouraging US data Tuesday, 6 Aug 2013 | 3:33 PM ET

    Gold fell 1.5 percent after encouraging U.S. economic data showing the trade gap narrowed and more indications the Federal Reserve could withdraw its monetary stimulus as early as next month.

  • US oil settles near $105 on Iran thaw speculation Tuesday, 6 Aug 2013 | 2:43 PM ET
    A derrick hand for Raven Drilling, works on an oil rig drilling into the Bakken shale formation outside Watford City, N.D.

    Oil fell on Tuesday, with U.S. crude settling near $105 as Iran's new president signaled willingness to negotiate with the West over Tehran's disputed nuclear program.

  • Europe shares close down over US taper fears Tuesday, 6 Aug 2013 | 11:30 AM ET

    European shares closed down on Tuesday after renewed fears in the U.S. that the Federal Reserve might start tapering its massive stimulus program in September.

  • Japan's benchmark index reversed earlier losses on Tuesday to rally 1 percent as the yen weakened while the rest of Asian stocks were mixed in choppy trade.

  • The dollar slid against the yen on Monday, remaining under pressure after Friday's jobs figures lowered expectations that the Federal Reserve would start reducing its bond purchases in the near term.

  • Gold drops on strong US and UK economic data Monday, 5 Aug 2013 | 4:16 PM ET

    Gold dropped nearly 1 percent in quiet trading on Monday after signs of an improving British business sector and better U.S. manufacturing activities.

  • US oil ends under $107 after services data Monday, 5 Aug 2013 | 2:35 PM ET
    An oil refinery in Pascagoula, Miss.

    Crude pared early losses on Monday, with U.S. oil ending the session under $107 after a report showed strong growth in the U.S. economy's service sector.

  • Asian stocks pulled back from last week's highs on Monday following a tepid U.S. jobs report but positive Chinese economic data over the weekend capped larger losses.

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