After a steady push upward, prices break through the psychological barrier to set yet another intraday record.
A morning recovery falls apart as a weak report on jobless claims disappoints investors. Wall Street cheers Nike earnings. Gold moves higher, and Starbucks raises prices.
Despite some selling and a stronger US dollar, gold prices inched higher after a jump in initial jobless claims.
Unease about the economy fuels gold buying, but oil drops. Adobe weigh on techs. Microsoft sells $4.75 billion in debt. Sears will partner with Forever 21 chain, hoping for 'pizzazz.'
It might not make sense, but there is no denying the attraction of the yellow metal.
Prices slipped as investors awaited news from the committee's meeting.
Funds that invest in the yen, metals, housing and tech companies are in focus.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
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