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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2020/01/06

Stocks Slide; Oil, Gold Climb on Mideast Tensions: Markets Wrap


 

Stocks declined and gold, oil and Treasuries advanced in the wake of escalating Middle East tensions as Asian financial markets returned to full strength following New Year holidays. Gold surged to the highest in more than six years and Treasury yields ticked lower amid fallout from the U.S. killing of a top Iranian military commander in Iraq. Oil extended Friday’s climb. The yen matched a three-month high, though pared earlier gains. Japanese, Australian and South Korean equities fell, and U.S. futures retreated. Chinese stocks bucked the trend. The S&P 500 Index posted its biggest loss in a month Friday in the wake of the killing, which threatened to spur escalating violence across the Middle East.- Bloomberg 

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