<?xml version="1.0" encoding="ISO-8859-1" ?><rss version="2.0"><channel><title>123Jump.com: Metals Market News</title><link>http://metals.123jump.com/market-update-archive/</link><description>Stock Market Update, IPO profiles, Earnings Call Transcripts, Economic news, company news, Mutual funds profile,Earnings News, Mutual Fund Managers,Industry sectors, Oil and Natural Gas stocks - 123Jump</description><image><title>123Jump.com: Metals Market News</title><link>http://metals.123jump.com/market-update-archive/</link><url>http://www.123jump.com/images/logo_home.jpg</url><width>160</width><height>66</height><description>Stock Market Update, IPO profiles, Earnings Call Transcripts, Economic news, company news, Mutual funds profile,Earnings News, Mutual Fund Managers,Industry sectors, Oil and Natural Gas stocks - 123Jump</description></image><copyright>1999-2007 123jump.com, Inc. All rights reserved</copyright><lastBuildDate>Tue, 14 Feb 2012 01:00:00 -0600</lastBuildDate><item><title>Domestic Focus Lifts U.S. Indexes; Oil Above $100</title><link>http://metals.123jump.com/market-update/Domestic-Focus-Lifts-U.S.-Indexes;-Oil-Above-$100/47600/</link><pubDate>Sun, 12 Feb 2012 16:38:00 -0600</pubDate><description>U.S. stocks traded higher after indexes declined for the first time last week as investors focused on domestic earnings and events. Industrials, energy and technology sectors led the broad rally today. Oil jumped above $100 on new tension linked to Iran and Saudi Arabia.</description><author>Bikram Pandey</author></item><item><title>Australian Wholesale Inflation Up 0.3%; Lynas Seeks Financing</title><link>http://metals.123jump.com/market-update/Australian-Wholesale-Inflation-Up-0.3;-Lynas-Seeks-Financing/47337/</link><pubDate>Sun, 22 Jan 2012 08:29:00 -0600</pubDate><description>Australian stocks traded lower after wholesale inflation increased 0.3% in the December quarter. Lynas Corp was halted ahead of a financing deal that will avert cash crisis at the company. BHP won a regulatory approval to expand its port facility in the Pilbara region.</description><author>Marcus Jacob</author></item><item><title>World Markets Trade Higher; Gold Gains 1.4%</title><link>http://metals.123jump.com/market-update/World-Markets-Trade-Higher;-Gold-Gains-1.4/47279/</link><pubDate>Mon, 16 Jan 2012 16:08:00 -0600</pubDate><description>U.S. stocks traded higher but financials were volatile after Citigroup reported a decline in earnings net income and Wells Fargo posted record profit on mortgage lending. Market sentiment in Europe was bolstered after demand for European debt was stronger than anticipated despite ratings downgrades.</description><author>Bikram Pandey</author></item><item><title>Australian Indexes Gain 0.8%; Norsk Hydro Cuts Production</title><link>http://metals.123jump.com/market-update/Australian-Indexes-Gain-0.8;-Norsk-Hydro-Cuts-Production/47205/</link><pubDate>Tue, 10 Jan 2012 00:44:00 -0600</pubDate><description>Australian indexes closed higher on the optimism tracking the gains in the international markets and hopes of further monetary easing in China. High dollar forced more resource companies to halt materials processing and cut employment.</description><author>Marcus Jacob</author></item><item><title>Wall Street Advances on Economic Optimism; Gold Up 2%</title><link>http://metals.123jump.com/market-update/Wall-Street-Advances-on-Economic-Optimism;-Gold-Up-2/47132/</link><pubDate>Mon, 02 Jan 2012 16:46:00 -0600</pubDate><description>U.S. stocks soared on the first day of trading after manufacturing expanded and construction spending increased. The trading sentiment was also bolstered after manufacturing in China and Australian showed an increase. Gold soared on rising tensions in the Middle East.</description><author>Bikram Pandey</author></item><item><title>U.S. Indexes Up on Jobs, Housing Data; Gold in 6-day Decline</title><link>http://metals.123jump.com/market-update/U.S.-Indexes-Up-on-Jobs-Housing-Data;-Gold-in-6-day-Decline/47120/</link><pubDate>Wed, 28 Dec 2011 16:39:00 -0600</pubDate><description>U.S. stocks traded higher after jobless claims rose but stayed below 400,000 level for the fourth week in a row. In addition, the pending home sales increased in November to a 19-month high. European markets focused on the stubborn long term Italian bond yield near 7%.</description><author>Bikram Pandey</author></item><item><title>Australian Index Drops 1.3%; Oakjee Port Sale Approved</title><link>http://metals.123jump.com/market-update/Australian-Index-Drops-1.3;-Oakjee-Port-Sale-Approved/47110/</link><pubDate>Tue, 27 Dec 2011 07:56:00 -0600</pubDate><description>Australian stocks declined and the benchmark index fell 1.3% and retail sales in the holiday period were estimated to be flat or declined slightly. Australia approved the sale of Murchison Metals stake in Western Australia port and rail project to Mitsubishi.</description><author>Marcus Jacob</author></item><item><title>U.S. Indexes Soar 3% on Housing Data; Recrod Low Bond Yields</title><link>http://metals.123jump.com/market-update/U.S.-Indexes-Soar-3-on-Housing-Data;-Recrod-Low-Bond-Yields/47068/</link><pubDate>Mon, 19 Dec 2011 16:39:00 -0600</pubDate><description>U.S indexes soared 3% after home starts in November were ahead of expectations on a sharp increase in apartments building. Home builders, banks and consumer durables led the gainers. U.S. Treasury sold $35 billion of 5-year notes at a record low yield of 0.88%.</description><author>Bikram Pandey</author></item><item><title>U.S. Indexes Drop 1%; Gold Falls $93, Oil Down 5%</title><link>http://metals.123jump.com/market-update/U.S.-Indexes-Drop-1;-Gold-Falls-$93-Oil-Down-5/47043/</link><pubDate>Tue, 13 Dec 2011 16:57:00 -0600</pubDate><description>Market indexes in New York traded lower for the third day in a row as bond market yields rose in Europe and the euro declined. The S&amp;P 500 index dropped nearly 4% in the week as the euro retreated more than 3%. Oil plunged 5%, silver tumbled 8% and gold dropped $93 an ounce.</description><author>Bikram Pandey</author></item><item><title>Wall Street Falls 2%, Intel Lowers Sales Outlook</title><link>http://metals.123jump.com/market-update/Wall-Street-Falls-2-Intel-Lowers-Sales-Outlook/47030/</link><pubDate>Sun, 11 Dec 2011 00:39:00 -0600</pubDate><description>U.S. indexes dropped nearly 2% after investors focused on the details of the fiscal compact that was agreed last week at the summit of the European Union nations. Market decline was accelerated after a rating agency said it will review sovereign debt ratings of EU nations.</description><author>Nichole Harper</author></item></channel></rss>

