Commodities

Oil Slips on Easing Mideast Tension

Brent crude was heading for its third straight weekly loss as fading worries over Syria and Iran helped ease risks to supply from the Middle East.

Gold Crushed Amid Global Rout

Gold futures are plunging to their lowest level since September 2010 as traders around the world react to the specter of the Federal Reserve paring back its bond buying later this year. The benchmark contract recently skidded $71.40, or 5.2%, to $1,303 a troy ounce.