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US stocks inch lower as markets focus on a speech by Janet Yellen, chairwoman of the Federal Reserve, at the Jackson Hole gathering of central bankers
Strong earnings also lifted a number of other retailers, with the S&P retail index up 0.7%, compared to the S&P 500’s loss of 0.2%
In a preview of IG’s first-quarter update due mid September, Barclays cut its current-year earnings estimate to below consensus levels
The dollar index was up 1.1 per cent to 82.3 over the five trading sessions, its best weekly performance of the year, with the euro down 1.1 per cent
The yellow metal, considered a haven asset in times of economic turmoil, sank as low as $1,273 a troy ounce on Thursday, a two-month low
Global economic uncertainty has failed to dent bond markets as total debt volumes have surged to the highest since the financial crisis
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