AOL.com Video - U.S. Stocks Retreat From 5-Year High

VIDEO:News

U.S. Stocks Retreat From 5-Year High

Description:Wall Street stock prices retreated from five-year highs on Monday (January 07), while the euro rose against the dollar on bets the European Central Bank might refrain from signaling more interest rate cuts on Thursday. The weakness in the equities market, partly due to caution ahead of companies beginning to report on their fourth-quarter earnings, spurred selling of oil, gold and other risky investments. This stoked some safety bids for U.S. and German government debt. Investors turned their (1:01)

Source: IBTimesTV

Tags: ibtimestv , 5 , high , retreat