Bloomberg US stocks rebounded from the worst-ever pre-Christmas session as investors hoped for an end to the turmoil in American markets. The S&P 500 halted a four-day rout of almost 8 percent, clawing back from the brink of a bear market on speculation the selling had gone too far given a relatively robust economy. Amazon surged after providing a reminder ...

Bloomberg Gold is rallying into the end of 2018 as turmoil in global equities, the partial US government shutdown and concerns about the outlook for next year stoke demand, lifting prices to the highest in six months. Bullion climbed as much as 0.5 percent on Wednesday, extending last week’s gain and on course for the biggest monthly advance since January ...

Bloomberg Donald Trump expressed confidence in the Treasury secretary, Federal Reserve and US economy, moving to calm financial markets further roiled after Bloomberg News reported that the president had discussed firing the central ba-nk’s chairman over raising interest rates. Trump, asked if he has confidence in Treasury Secretary Steven Mnuchin, said, “Yes I do, very talented guy, very smart person.” ...