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Tuesday Recap: Sarhan in CNBC: Stocks Fall As Dollar Jumps To Highest Level In Nearly 2 Months
Tuesday, October 04, 2016 U.S. stocks fell on Tuesday as investors digested a rising dollar, data from the International Monetary Fund, remarks from a Federal Reserve official and kept an eye on the latest developments from Deutsche Bank. “You’ve got two schools of thought here. You have momentum traders buying dips but you also have…
CNBC: Stocks Rally More Than 1%, Post Biggest Reversal In 4 years
By Evelyn Cheng Energy rallied 4 percent to top materials and health care as the greatest advancer in the S&P. Crude settled up 80 cents, or 1,8 percent, at $45.54 a barrel. Oil jumped after the number of oil rigs in operation in U.S. oilfields fell by 26 in the week ended Oct. 2. That…
Adam Sarhan Reuters Quote: Managed Money Raises Gold Longs, Trims Copper Shorts
Fri Jul 20, 2012 4:45pm EDT * Investors covered shorts on Bernanke put * Decreased net longs in silver in week to July 17 By Frank Tang July 20 (Reuters) – Hedge funds and money managers sharply cut their net short position in U.S. copper futures and options in the week to July 17, as investors covered their short…
Sarhan In Reuters: Wall Street set to open higher as oil jumps
Markets | Thu May 5, 2016 9:28am EDT U.S. stocks looked set to open higher on Thursday, after three straight days of losses, as oil prices rose for the first time this week, and investors awaited the monthly jobs data on Friday. Oil prices jumped more than 3 percent as a huge wildfire near Canada’s…
Adam in CNBC: Russell 2000, mid-cap stocks hit new highs as large caps slow down
Thursday, November 17, 2016 The rally in the three major U.S. stock indexes has taken a pause, but small and mid-cap stocks keep climbing higher, helped by the fact that they are less sensitive to a rising dollar. The Russell 2000, composed of small-cap stocks, and the S&P Mid Cap 400 rose 0.7 percent and…
Adam Sarhan Reuters Quote: S&P 500 erases early losses to end flat; energy, tech up
BY CAROLINE VALETKEVITCH NEW YORK Tue Dec 9, 2014 6:59pm EST (Reuters) – The S&P 500 ended nearly flat on Tuesday as concerns about global weakness and political turmoil were offset by gains in technology and energy shares. The index managed to nearly erase a 1.3 percent decline from earlier in the day, moving more…
