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The Closer

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ROUND-UP

*FT markets round-up:* “Equity and commodity markets in the US and Europe had a choppy time as investors struggled to shake off lingering concerns about the prospects for global economic growth. Gold also experienced a fresh bout of volatility but managed to keep intact its recovery from a two-year low struck earlier this week. The yellow metal was up 0.8 per cent to $1,387 an ounce, although silver edged back slightly. In New York, the S&P 500 fell 0.7 per cent after swinging through a 13-point range. Apple continued to exert a negative influence as investors fretted that the company was experiencing falling sales. In late trade, the CBOE Vix volatility index, often called Wall Street’s “fear gauge”, was up more than 6 per cent. In Europe, the FTSE Eurofirst 300 index finally settled a fraction lower – its fifth successive decline. The Nikkei 225 in Tokyo fell 1.2 per cent.” (Financial Times)

Continue reading: The Closer Reported by FT.com 3 hours ago.

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