New High For Gold; Stocks Slide as Focus Turns to Earnings Reports
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New High For Gold; Stocks Slide as Focus Turns to Earnings Reports
US index futures have resumed their retreat this morning, with the three main contracts trading down 0.9% to 1.4%. Overseas trading action has been mixed with the Dax down 0.5%, the CAC down 0.6%, the FTSE flat, the Nikkei down 1.3%, and the Hang Seng up 1.6%. Earnings season ramps up this week and recent earnings-related action suggests guidance could potentially drive significant swings. United Health finished with a 22.4% loss on Thursday aft…
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