CAPITAL MARKETS

US stocks down, gold up

LOCAL stocks are set for declines on weak US leads, but gold players could benefit from a price bounce.

Justin Niessner

The Dow Jones Industrial Average was 0.9% lower at 16,168 points, while the S&P 500 fell 0.7% to 1845 and the NASDAQ was down 0.7% to 4277. The SPI Futures index was down 14 points at 5375. The...

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