Thursday, August 30, 2012

U.S. stocks close higher ahead of Fed decision

MARKETWATCH FRONT PAGE

Major indexes close higher as central bankers address policy at a gathering that could yield further moves to stimulate the economy. See full story.

Gold ends lower as safe-haven bids dwindle

Gold futures lose steam on Tuesday, off 0.2% on the wake of a relatively well-received Spanish bond auction. See full story.

Oil ends higher on optimism about Spain, data

Crude-oil futures advance Tuesday, erasing recent losses as the Spanish government managed to sell more than expected at a debt auction and most markets pushed higher ahead of word from the Fed. See full story.

Adobe, Jabil down after hours following outlooks

Shares of software maker Adobe and electronics contract manufacturer Jabil each fall late Tuesday after the companies issue weaker-than-expected financial forecasts. See full story.

Pandora pressured by new Spotify service

Online radio provider facing more competition with rival�s free, mobile service, but analyst sees Pandora holding its ground. See full story.

MARKETWATCH COMMENTARY

After 15 years in New York City covering Wall Street, David Weidner is leaving. He leaves 15 observations on the industry he�s hated to love and loved to hate. See full story.

MARKETWATCH PERSONAL FINANCE

When it comes to IRAs, timing is everything. Robert Powell looks at five rules that could derail your retirement-savings plans. See full story.

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