Gold for February delivery was tacking on $6.60 to $1,662.50 an ounce at the Comex division of the New York Mercantile Exchange, while February crude oil contracts were dropping 44 cents to $90.36 a barrel.
The benchmark 10-year Treasury was down 6/32, boosting the yield to 1.720%. The dollar was up 0.15%, according to the
U.S. dollar index
In corporate news,
Duff & Phelps
announced that it had
agreed to a group of private-equity investors
to purchase the company for $665.5 million in cash. Shares of the company were surging 19.9% in premarket trades.
Stone Point Capital LLC
Pictet & Cie
Edmond de Rothschild Group
were all part of the purchasing deal.
said it would emerge from its bankruptcy on Monday. The media company, whichowns
The Los Angeles Times
The Chicago Tribune
, sought bankruptcy in 2008.
(AAPL - Get Report)
withdrew patents claims against
Galaxy S III Mini phone after the South Korean company announced it wouldn't offer to sell the gadget in the U.S., according to a
report. Shares of Apple were rising 0.47% in premarket action.
Bank of America
(BAC - Get Report)
were adding 0.62% during Monday's premarket session.
-- Written by Joe Deaux in New York.