Gold slips on firmer dollar ahead of US jobs data Gold added to overnight losses on Thursday, hurt by a stronger dollar and equities, and as investors awaited a key U.S. jobs report later this week to gauge the timing of a Federal Reserve rate hike.
Stock volatility, ETF rise drive rethink of post-flash crash U.S. rules The U.S. Securities and Exchange Commission is now pouring through the trading data from Aug. 24 to get a better idea of what might be done to dampen the volatility in ETFs, many of which saw their prices diverge widely from the stocks they were tracking, said a person familiar with the regulator's thinking. The SEC has been looking to adjust the rules for some time,...
| By: John McCrank, Sarah N. Lynch and Jessica Toonkel
DIARY- Top Economic Events to Sept 15 PARIS- French Finance Minister Michel Sapin holds a press conference- 0500 GMT. AOMORI, Japan- Bank of Japan board member Takahide Kiuchi speaks in Aomori- 0130 GMT. MISSOULA, United States- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks before a Town Hall open forum- 0100 GMT.
Five Below falls aftermarket on 2Q sales and outlook PHILADELPHIA- Shares of discount retailer Five Below skidded in aftermarket trading after the company reported disappointing second-quarter sales and offered a soft forecast for the current quarter. Five Below focuses on teen and pre-teen customers, pricing all of its items at $5 or less, and it is opening new stores at a fast clip: At the end of the quarter it...
Source: The Associated Press