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Sarhan CNBC: Dow, S&P snap 5-day losing streak as oil pops 12%
Friday, 2.12.16 U.S. equities closed sharply higher on Friday as European and American bank stocks — as well as oil prices — bounced sharply, while investors digested U.S. economic data. “I think people are finally seeing lots of things worth buying,” said Adrian Day, chairman and CEO of Adrian Day Asset Management. The Dow Jones…
Reuters Quote: Wall St. Set To Open Higher on Renewed Greece Hopes
By Sweta Singh Wall Street was set to open higher on Wednesday after Greek Prime Minister Alexis Tsipras signaled he was prepared to accept creditors’ bailout offer with some conditions. Greece on Tuesday on a 1.6 billion euro repayment to the International Monetary Fund. Tsipras has sent a letter to the creditors outlining conditions for…
Adam Sarhan Reuters Quote: COMMODITIES-Markets jump after US jobs data; oil up over 4 pct
Fri Aug 3, 2012 11:37am EDT * US jobs growth in July slow enough to point to Fed stimulus * NY crude up more than 4 pct to above $91 * Grains markets snap profit-taking bid on fresh crop yield worry By Barani Krishnan NEW YORK, Aug…
CNBC: Stocks Close Lower As Financials and Materials Lag; March Rate Hike Becomes More Likely
Monday, March 06, 2017 U.S. equities fell on Monday as the chances of tighter monetary policy from the Federal Reserve sunk in for investors, while geopolitical concerns increased. “It feels like the fundamental picture is still there,” said Art Hogan, chief market strategist at Wunderlich Securities. “But at the same time you’ve got some events…
CNBC: US stocks rise after Target's brighter outlook boosts retail shares
Thursday, July 13, 2017 Shares of Target climbed 4.8 percent after the company said it expects “modest increase” in second-quarter comparable-store sales. The SPDR S&P Retail exchange-traded fund (XRT) gained 2.3 percent. Shares of Wal-Mart, Kohl’s, Costco and Macy’s rose as well. Wall Street also set its sights on Washington. Federal Reserve Chair Janet Yellen…
CNBC: Stocks hold lower as oil falls 2.5%; Fed eyed
Thursday 11.12.15 12:04pm U.S. stocks traded lower Thursday as oil weighed while investors kept an eye on employment data points as well as several speeches from Federal Reserve officials. U.S. oil futures fell over 2.5 percent, pushing the Dow Jones industrial average down 186.87 points at its lows. The blue chips index is also on track…