US stocks face a choppy session on Monday

Source: Forexpros
US stocks traded mixed on Monday supported by better than expected pending house sales data and a decline of crude prices. S&P 500 added 0.14% or 1.85 points and closed at 1,367.59, Dow Jones Industrial Average slipped 0.01% or 1.44 points to 12,981.5, while Nasdaq Composite index climbed 0.08% or 2.41 points and finished at 2,966.16.
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Tue, 28 Feb 2012 10:22:48 GMT

Gold plunges on the weak physical demand

Gold futures decreased during the Asian session on the softer physical demand as well as on stronger Euro. Gold changed its usual inverse move to the US Dollar and now showed more direct relationship with the greenback's fluctuations. COMEX gold April contract traded at 1,769.25 US Dollars per ounce on the New York Mercantile Exchange, losing 0.32%.

Tue, 28 Feb 2012 10:15:10 GMT

Crude oil prices fell on the weaker demand

Crude oil prices sank during the Asian session as market sentiment was dampened due to sharply rising energy prices and consumers' attempt to restrict oil buying for exorbitant price. Light, sweet crude oil April contract traded at 107.98 US Dollars per barrel on the New York Mercantile Exchange, losing 0.53%.

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