Wall Street records new all-time high

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Source: Reuters
The U.S. shares closed higher on Thursday trading session with the benchmark stock index Standard & Poor's 500 hitting its new all-time high recording a new record high in three out of last four sessions. The S&P 500 Index gained 0.54% to 1,920.03, the Dow Jones industrial average added 0.39% to 16,698.74 and the Nasdaq Composite index climbed 0.54% to 4,247.95.

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Fri, 30 May 2014 09:45:03 GMT

Gold heads for monthly fall as demand from China weakens

Gold slightly gained on Friday trading session shrinking its monthly loss amid signs that the overall situation in the U.S. economy has improved pushing the stock market higher, while China's demand for the metal falls. Gold for delivery in May traded at $1,256.96 an ounce as of 2:22 p.m. Singapore time after it closed at $1,255.56 yesterday.

Fri, 30 May 2014 09:23:03 GMT

Treasuries fall on speculation Fed may not lift rates soon

The U.S. Treasuries declined on Friday with the benchmark 10-year yields rising slightly from yesterday as they traded close to the weakest level since June 2013 amid speculation that the U.S. Federal Reserve may keep the current level of stimulus longer than expected. The U.S. 10-year yields rose from 2.447% to 2.466%.

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