Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
Trading volumes this week are well below recent averages, and that means this comeback may be suspect.Marketsread more
These are the stocks posting the largest moves midday.Market Insiderread more
Shares of Tesla slid Wednesday on news of Walmart's lawsuit.Technologyread more
The rule could defy a 2015 Flores Settlement Agreement court order that says families cannot be held in detention for more than 20 days.Politicsread more
* Gold faces strong resistance at $1,290 - analysts
* Palladium falls over 3 pct to $1,263.85
* Silver, platinum drop to one-week low (Adds comments, updates prices)
May 9 (Reuters) - Gold prices rose on Thursday, supported by a weaker dollar and as investors sought safe-haven assets after U.S. President Donald Trump warned a trade deal with China was in danger, sending global stocks lower.
Concerns about the dispute's potential impact on economic growth has also weighed on palladium prices, which tumbled to their lowest in four months.
Spot gold was up 0.3 percent at $1,284.11 per ounce as of 11:05 a.m. EDT (1505 GMT), having climbed to its highest since April 15 at $1,291.39 on Wednesday.
U.S. gold futures were also 0.3 percent higher, at $1,285.10 an ounce.
"Gold remains fairly stable on safe-haven appeal due to weakness across the board in global equities on the back of concerns regarding trade," said David Meger, director of metals trading at High Ridge Futures.
Trade talks in the next several days will keep the uncertainty high, he added.
The U.S. Trade Representative's office has said that tariffs on $200 billion worth of Chinese goods would increase to 25 percent from 10 percent at 12:01 a.m. (0401) GMT on Friday, right in the middle of two days of meetings between Chinese Vice Premier Liu He and Trump's top trade officials in Washington.
The Japanese yen surged to a three-month high against the dollar, while world stocks fell for a fourth day running on Thursday.
Gold, along with the Japanese yen and U.S. treasuries, is seen as a relatively safe investment in times of political and financial crisis.
While gold has drawn support from risk-averse markets, prices have not embarked on a significant uptrend.
"There was a strong level of technical resistance at $1,290 - $1,292, it is a level we have fallen back from and we are consolidating below," Meger said.
Gold's precious metal peers were less resilient, taking their cues from the industrial side on concerns about demand amid the trade spat, Bart Melek, head of commodity strategies at TD Securities in Toronto, said.
Weakening auto sales in China and abroad were keeping autocatalyst palladium under pressure, Melek said.
Palladium fell more than 3 percent to $1,263.85 per ounce, the lowest level since Jan. 4.
Silver was down 0.5 percent at $14.76 per ounce, while platinum fell 0.7 percent to $850.43 per ounce. Both metals hit one-week lows earlier in the session. (Reporting by Brijesh Patel and Diptendu Lahiri in Bengaluru Editing by Susan Thomas)