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Adam Sarhan Reuters & CNBC.com Quote: Copper drops to 4-month low on economic jitters
NEW YORK/LONDON (Reuters) – Copper crumbled to a four-month low on Monday as commodities slumped broadly on fears of a slowdown in global economic growth triggered by political deadlock in Greece and further signs of a struggling Chinese economy. Most other metals also fell, with nickel sinking to a 2012 low below $17,000 a tonne,…
International Business Times Quote: Dow Jones Industrial Average Surges After China Launches $22B In Stimulus To Boost Growth
on August 26 2015 9:41 AM EDT U.S. stocks skyrocketed Wednesday, with the Dow Jones Industrial Average surging 4 percent to its third-biggest one-day point gain in history. The 619-point rally came after China unveiled fresh stimulus measures in a bid to shore up growth in the world’s second-largest economy. The Chinese central bank’s move came a day after U.S….
Dow Jones Newswire Quote: US Stocks Fall, On Pace For Second-Straight Weekly Drop
“The problem with higher oil prices is that it acts as an indirect tax on consumers and businesses,” said Adam Sarhan, chief executive of Sarhan Capital. He noted that the rise in oil prices comes as investors are also beginning to wonder how the economy will perform after the Federal Reserve winds down its stimulus program in June.
Sarhan added, “What we’re seeing now is a confluence of two factors: Can the economy continue growing without the Fed’s help, and how will the economy continue to grow if oil spikes higher?”CNBC: Stocks pare losses; S&P 500 tries to hold green for 2015
Thursday, Dec 31, 2015 12:33pm EST U.S. stocks traded lower Thursday, the last day of trade for 2015, as investors eyed oil prices. The Dow Jones industrial average traded about 30 points lower after briefly falling 150 points in morning trade as all constituents declined. The S&P 500 struggled to hold positive territory for 2015…
Adam Sarhan MarketWatch Quote: What happens if the ECB pulls a Swiss-style surprise
Critical information ahead of the U.S. stock market’s open Published: Jan 21, 2015 7:30 a.m. ET What have we learned over the past few days? There are the good surprises. Like the ones that come in a box with a ribbon, or a check from Taylor Swift to pay off your student loans. Or when…
Adam Sarhan WSJ Quote: Stock Futures Lower Ahead of Jobless Data
Futures Ease on Thursday After a Sharp Prior-Day Run-Up By TOMI KILGORE April 10, 2014 8:19 a.m. ET U.S. stock futures eased ahead of jobless-claims data, pausing after a sharp run-up in the previous session, as investors digested weak data out of China. About 90 minutes ahead of the open, Dow Jones Industrial Average futures…
