CAPITAL MARKETS

Stocks rise, gold slides

GLOBAL stocks rose overnight, setting the local market up for a good finish to the week, although gold fell below $US1200 an ounce.

Kristie Batten

The SPI 200 Futures index was trading 22 points up to 4796 points. On Wall Street, the two key indices rose nearly 0.8% on positive data. Initial unemployment insurance claims dropped by 9000 last...

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