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S&P 500 in the red as utilities and telecoms sectors under pressure
All three benchmark indices in the red on Wednesday
Confidence in sector rises thanks to higher precious metals prices
Prices touch highest level in more than two years
Energy sector given a boost from crude price forecasts
Higher demand for the precious metal is also boosting gold miners’ share prices
Materials sector is firmer on brighter outlook for the Chinese economy
S&P 500 metals and mining index advances 25% over month
But energy sector is the worst performer on benchmark of US stocks
Investors hunting for bargains help buoy S&P 500 sector
US stocks fall back into negative territory for the year
US stocks lower as UTC outlook weighs on Dow
Utilities and consumer staples benefit from risk aversion
South African miner’s share price rises after deal to offload Cripple Creek to Newmont Mining
South America’s former star is failing to adapt to the end of the commodities boom
US and Canadian miners retreat to home turf and cut exposure to riskier assets
Shares on Wall Street recover after dip on Greek uncertainty
Electronics retailer sinks on S&P 500 after forecasting flat sales growth
Many investors are impatient to see restructuring but fall in bullion price has cut cash flows
Shares in luxury retailer sink 8% on downgrade to ‘neutral’ by Credit Suisse
Metal miners rise while most US stocks fall amid thin volumes
Private equity could also move to take advantage of cyclical slump
International Edition