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Sarhan in CNBC: US Stocks Open Lower As Oil Falls 2 pct; Yellen Speech Eyed
Monday, August 22, 2016 U.S. stocks opened lower on Monday as investors looked ahead to a key speech from the top Federal Reserve official and digested falling oil prices. The Dow Jones industrial average opened about 70 points lower, with Goldman Sachs and Chevron contributing the most losses. The S&P 500 began Monday trading about…
Reuters: Amazon shares plunge as record profit still misses estimates
Technology | Fri Jan 29, 2016 1:02am EST Amazon.com Inc posted its most profitable quarter ever on Thursday but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as well as the company’s determination to…
MarketWatch.com Quote: Carl Icahn clarifies his stock-caution comments as others downplay them
Carl Icahn clarifies his stock-caution comments as others downplay them November 19, 2013, 10:47 AM Activist investor Carl Icahn has clarified his comments that contributed to pushing stocks to session lows on Monday. Icahn posted a clarification on his website Shareholders’ Square Tablein order to shed light on his stock-related remarks originally reported on Monday from the Reuters…
Adam Sarhan Reuters Quote: Gold could extend losses on looming 'death cross'
Tue Feb 19, 2013 5:02pm EST * 50-day moving average nearly falls below its 200 DMA * Investors not worried about inflation, hurts gold * Near-term rebound possible as market turns overly bearish By Frank Tang NEW YORK, Feb 19 (Reuters) – An ultra-bearish technical formation on gold charts suggests a further pullback could be…
Adam Sarhan Reuters Quote: Commodity traders more cautious than optimistic on QE3
By Barani Krishnan Thu Sep 13, 2012 8:04pm EDT (Reuters) – For commodity markets, the third iteration of U.S. central bank stimulus may play like many movie sequels — a familiar plot, a predictable rise, yet less potent than the original. But the Federal Reserve has introduced a new twist on its latest round of…
CNBC: Stocks close near session lows amid earnings
Wednesday October 21, 2015 4:00 pm EST U.S. stocks closed lower Wednesday, as investors took in fresh corporate earnings. The Nasdaq and the S&P 500 traded in a range before closing near their session lows of 4,836.46 and 2,017.22. S&P 500 intradaySource: FactSet The Dow Jones industrial average was also in a range, and…
