Gold and Silver Retreat - Market Update

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Market Update :

Gold and Silver Retreat

Author: Elena Todorova
123jump.com
Last Update: 10:51 AM EDT April 24 2006

The three U.S. equity indices moved further down with the Nasdaq standing out as the leading decliner. Stocks declined on weakening U.S. dollar and a mixed batch of Q1 earnings reports. Declining profits at copier maker Xerox Corp. and a reduced 2007 forecast from online brokerage TD Ameritrade Holding Corp. overshadowed positive results from Dow component Caterpillar Corp. Gold and energy stocks declined, following a drop in prices.

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