Gold futures settle higher, as steep declines in Spanish and Italian bonds, the potential for contagion of financial woes in the euro zone and growing expectations for further global economic stimulus help lift prices.
SAN FRANCISCO (MarketWatch) -- The S&P/TSX Composite Index rose 47 points, or 0.4%, to 11,448 Tuesday. Major contributors included the materials sector , up 1.5%, and the diversified mining and metals index . Bombardier Inc. was among Canada's top pe...
London markets end a volatile session in positive territory, with resource firms providing support, after intense pressure on Spanish government bonds stokes contagion fears in Europe.
A sudden, late-day surge in Spanish bond yields to all-time intraday highs puts contagion risk back at center stage in Europe, as Italian yields also climb and stocks fight to stabilize after a volatile session.