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Adam Sarhan @Reuters Quote: US STOCKS-Wall St has best 2-day gain since 2011 on Fed optimism
* Dow jumps 421 points, biggest pct gain since Dec. 2011 * S&P 500 posts biggest daily pct gain since Jan. 2013 * Tech leads the gain; Oracle up after results * Indexes up: Dow 2.4 pct, S&P 2.4 pct, Nasdaq 2.2 pct (Updates close with further comments, VIX close) By Caroline Valetkevitch NEW YORK, Dec…
Adam Sarhan Reuters Quote: Gold rallies late as risk rout revives haven bid
By Frank Tang NEW YORK | Wed May 30, 2012 4:59pm EDT (Reuters) – Gold staged a dramatic mid-session turn-around in heavy trade on Wednesday, rebounding more than $30 an ounce as a deepening sell-off in riskier assets rekindled safe-haven demand and technical bids kicked in at a key support level. The abrupt reversal at mid-morning prevented gold…
Sarhan in Reuters: #WallStreet Rallies For Third Day, Healing Brexit Wounds
Thursday, June 30, 2016 BY LEWIS KRAUSKOPF Wall Street posted solid gains for a third straight day on Thursday as Britain’s central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International’s $23 billion bid for Hershey. The three U.S. indexes were each up at least 1 percent, and…
Reuters Quote: Facebook's ascent has investors betting on more gains
Technology | Tue Jul 28, 2015 2:19pm EDT BY SAQIB IQBAL AHMED Investors in social media shares have zeroed-in on Facebook Inc (FB.O), piling into stock options to add bullish bets on the company in the days ahead of its Wednesday earnings. Facebook escaped a rout in social media stocks after last quarter’s results and…
Quoted In Reuters & CNBC.com Discussing Gold
Gold rose 2 percent to a 1.5 month high on Monday on technical buying as political uncertainty in Italy threatened to accelerate the euro zone’s sovereign debt crisis. Bullion was on track for its biggest one-day gain in two weeks as buying sentiment improved after Germany’s Chancellor Angela Merkel has ruled out using gold and…
Adam Sarhan Reuters Quote: Copper
Tue Feb 21, 2012 3:17pm EST * Copper rallies over 3 pct, breaks 200-day moving average * Market could rise to $3.9 per lb in short term – traders * Concerns about Chinese demand remain By Josephine Mason and Harpreet Bhal NEW YORK/LONDON, Feb 21 (Reuters) –…