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Archive for 'Market Report'

Daily gold news-Gold dips below 1,200 dollars as dollar firms

Gold futures on the COMEX Division of the New York Mercantile Exchange ended much lower on Monday, as the U.S dollar strengthened and reduced gold’s appeal as an alternative asset. Silver and platinum both retreated. The most active gold contract for August delivery lost 11.1 dollars, or 0.9 percent, to finish at 1,198.7 U.S. dollars [...]

stock market rebound-British Petroleum (BP)

International stock markets were quiet Monday, as of 22:40 last night, the Dow Jones index fell 10.07 points to 10,187.96 provisional points, it was reported that its registration of a record 10,198.03 points up 59.04 last Friday, the index rose 5.3% last week, it was the best performance of a single week for the past [...]

U.S. banks urged to prevent foreclosed properties from falling into disrepair

As more properties become foreclosed amid a continuing financial crisis, Los Angeles city officials Saturday urged responsible banks to prevent foreclosed properties from falling into disrepair. Banks will be fined if they fail to take good care of the foreclosed homes they own, City Council President Eric Garcetti said. Angelenos should report foreclosed properties that [...]

Today’s news of us stock-U.S. stocks closed higher Thursday

U.S. stocks closed higher Thursday,the first time jobless claims last week fell more than expected, sales of some retailers in June strong growth, it enhanced investors’ confidence. EST at 16 o’clock on the July 8, the Dow Jones industrial average rose 120.64 points to close at 10,138.92 points, or 1.20%; the Nasdaq composite index rose [...]

Today’s news of auto- U.S. auto sales dip from May

All three of Detroit’s carmakers, which reported U.S. sales numbers in June on their website on Thursday, failed to match their May sales figures. General Motors Co. sold 195,380 in June and 223,410 in May. Ford Motor Co. sold 170,900 in June compared to May’s 196,671. Chrysler Group LLC sold 92,482 in June and 104,819 [...]