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Gold Prices

Market Wrap for Monday, May 20: Stocks Record Very Minor Losses; Greenback Falls Versus Euro

The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact.Nevertheless, traders and investors will be on the lookout for any sign of a pullback as stock prices have been surging on a near daily basis in recent weeks. In currency trading, the greenback fell while the euro climbed to kick off the trading week in the United States.Major AveragesThe Dow Jones Industrial Average lost 19 points, or 0.12 percent, to 15,335.The S&P 500 fell 1 point, or 0.07 percent, to 1,666.The Nasdaq Composite shed a little less than 3 points, or 0.07 percent, to close at 3,496.CommoditiesCrude oil prices rose on Monday to start off the trading week. Late in the day, NYMEX crude futures were up 0.72 percent to $96.71. Brent crude contracts had added 0.08 percent to $104.72. Natural gas futures prices were last trading up 0.81 percent to $4.09.Precious metals rose on the day. At last check, COMEX gold future...

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