Daily Data Flow
Gold Falls on Jobs Data
Gold fell today, as data showing that a decline in jobless claims led investors to worry about the oncoming onset of stimulus tapering.
Budget Tensions Lower Stocks
The S&P 500 extended its slump today to five sessions, marking the longest slide of the year for the index on mounting concerns over a potential government shutdown.
Data Shows China’s Economy Slows, Contrary to Government Reports
China’s economy slowed this quarter as growth in manufacturing and transportation weakened, contrary to the government’s reports of an expansion pickup, a private survey showed.
Millionaire wealth in Asia may top North America soon
Wealth among the richest in the Asia-Pacific region could surpass their counterparts in North America as soon as next year, a joint report by Capgemini and RBC Wealth Management announced today.
Stocks Drop on Slow News Day
Stocks declined for a fourth consecutive session as investors weighed concerns about the Federal Reserve’s eventual stimulus tapering and government budget discussions against easing tensions in the Middle East.
Gold Falls on Tapering Concerns
As investors continued to wonder about when the Federal Reserve would begin tapering its stimulus after holding off on doing so at its meeting last week, gold fell for the day.