U.S. equity slips on earnings data

Source: Bloomberg
The Standard & Poor's 500 Index fell 0.3% to 1,498.11 points in the end of New York trading session on Thursday. The U.S. equity slipped, erasing the best January rally since 1994. Investors traded negatively on earnings data, which was disappointing and traders were pessimistic ahead today's jobs report. As analysts say, mixed data gives reasons to take out some of potential profits.
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Fri, 01 Feb 2013 12:35:07 GMT

Silver plunges after weak US jobs data

Precious metals followed risk-on assets on Thursday after the US data showed jobless claims increased more than expected last week. Moreover, profit taking after the previous rally weighed on the commodity sector. At the same time, weak greenback capped losses of precious metals complex. Gold declined as US figures continued to disappoint. The yellow metal moved in sync with risky assets

Thu, 31 Jan 2013 18:12:07 GMT

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