December 14, 2017: Markets opened higher again Thursday but shares trickled lower throughout the day led by a drop of around 1% in the healthcare and materials sectors. Only consumer discretionary stocks posted a decent gain although tech stocks could also close the day with a tiny improvement. WTI crude oil for January delivery settled at $57.04 a barrel, up 0.8% for the day. February gold added....More>>>
For those investors near or in retirement, income remains the primary concern. After all, you need to turn decades of saving into a steady stream of paychecks to get you through your golden years. The problem is, years of zero interest policies have left many traditional income asset classes — like CDs and Treasury bonds — paying less than desirable rates. And while the Fed has been....More>>>
103 years ago, in 1914, the Federal Reserve opened-up for business as the carnage in northern France was getting under way.
And it brought to a close the prior magnificent half-century era of liberal internationalism and honest gold-backed money.
The Great War was nothing short of a calamity, especially for the 20 million combatants and civilians who perished for no reason discernible....More>>>
It has taken Royal Gold (NASDAQ:RGLD) some time to close its first deal in 2016, but a certain hiatus was probably needed after last year’s four-deal flurry that culminated in the $610 million purchase of a gold and silver stream on Barrick Gold’s (NYSE:ABX) interest in the Pueblo Viejo mine in the Dominican Republic.
On September 19, it was finally time to announce another transaction,....More>>>
Image source: Getty Images.
Stocks recovered from early losses as both the Dow Jones Industrial Average(DJINDICES:^DJI) and S&P 500(SNPINDEX:^GSPC) were down by close to 1% in the morning tofinish the day with modest declines.
Today’s stock market
Index Percentage Change Point Change
Dow Jones -0.32% -63.28
S&P 500 -0.21% -4.88