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Gold Prices Continue to Fall; Pilgrim’s Pride Ups Bid for Hillshire Brands

By: , dated June 3rd, 2014
Stocks fall as they retreated from record highs yesterday. All three U.S. indices ended the day down. The price of gold continues to slip as it hit its lowest level since January. Despite the fall, many believe that it is just a natural reaction to the rising stock prices. Despite their massive recalls, General Motors (GM) sales seem unfazed. The auto company sales are up 13% in May from a year ago and posted its best month since August 2008. Continual news of breaches is deterring Americans from purchasing products online. Nearly a quarter of Americans have stopped, at least temporarily, from purchasing items online due to security concerns.

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