Markets Fluctuate on Chatter of Early QE Exit by Fed
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- Wall St set for higher open but weekly losses loom
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Gold Pares Losses as Fed Tapering Questioned (GLD) (IAU) (SLV)
May 20, 2013 2:09 PM EDTGold and Silver jumped on Monday, reversing a decline that pushed gold below $1350 per ounce in early trading. Gains were tied in part to comments from Dallas Fed president Richard Fisher. Speaking on CNBC, Fisher, a known hawk, said going "cold turkey" and stopping MBS purchases would be too violent... More
Soros, Others Dump Gold as Metal No Longer 'Safe Haven'
May 16, 2013 11:49 AM EDTGold is containing lower Thursday as little data has presented itself to alter investor sentiment.
One noted investor getting out with the crowd was George Soros. According to his latest 13F filing, Soros trimmed his holding in the SPDR Gold Trust (NYSE: GLD) by 12 percent to 530,900 shares... More
