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Adam Sarhan Reuters Quote: Gasoline fuels inflation, but Fed policy seen steady
By Jason Lange WASHINGTON | Tue Oct 16, 2012 10:06am EDT (Reuters) – Consumer prices rose in September as the cost of gasoline surged, posing a threat to consumers’ spending power although inflation pressures look unlikely to derail the Federal Reserve’s ultra-easy policy path. A separate report on Tuesday showed U.S. factory output rose only modestly in…
Adam Sarhan MarketWatch Quote: Goldman: This rally doesn’t need techs
Goldman: This rally doesn’t need techs May 9, 2013, 4:48 AM As Wall Street continues to break records, the players have been changing. Value-oriented stocks and defensives had been leaders in the bull market, but recently money has been moving into cyclical stocks — technology, financials and energy. To many, this is a healthy sign for a…
Adam Sarhan Reuters Quote: US STOCKS-Wall St set to open higher for second day on profits
Tue Oct 16, 2012 9:12am EDT * Johnson & Johnson, UnitedHealth Group raise profit views * Goldman reports stronger-than-expected profit * Citigroup CEO Pandit unexpectedly resigns, shares fall * Futures up: Dow 58 pts, S&P 6.5 pts, Nasdaq 12.75 pts By Ryan Vlastelica NEW YORK, Oct 16 (Reuters) – U.S. stock index futures pointed to a higher open on…
Adam Sarhan Reuters Quote: COMMODITIES-Stimulus, euro hopes too late to prevent weekly loss
Fri Jul 27, 2012 5:21pm EDT * Grains lead gains after rains trigger weekly decline * Oil, gold, copper all ride risk rally to higher ground * After middling GDP, focus shifts to Fed meet next week By Jonathan Leff NEW YORK, July 27 (Reuters) – Commodities rose the most in over a week on Friday,…
Reuters Quote: Dow, S&P 500 Lower on Mixed Earnings; Nasdaq Rises
* Amazon jumps after posting unexpected profit * Visa rises after results beat expectations * Biogen slumps after slashing forecast * Futures: Dow down 31 pts, S&P down 2 pts, Nasdaq up 3 pts (Adds details, comment, updates prices) By Tanya Agrawal July 24 (Reuters) – Wall Street was set to open slightly lower on…
Reuters: Indexes set to open higher on Fed minutes, jobs data
Adam Sarhan quoted in Reuters