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Quoted in Same Article as PIMCO's El-Erian: Reuters Instant View: U.S. July nonfarm payrolls up 162,000
NEW YORK | Fri Aug 2, 2013 9:10am EDT (Reuters) – U.S. employers slowed their pace of hiring in July but the jobless rate fell anyway, mixed signals that could make the U.S. Federal Reserve more cautious about drawing down its huge economic stimulus program. The number of jobs outside the farming sector increased by 162,000, the…
CNBC Quote: Stocks struggle as transports, biotechs weigh
U.S. stocks traded lower on Thursday, giving back their initial gains, as investors eyed ongoing negotiations between Greece and its creditors. “We’re going to be held hostage with our perception of what’s going on in Greece,” said Art Hogan, chief market strategist at Wunderlich Securities. The major averages struggled to hold gains amid reports that…
Reuters: Gold flat as safe haven fades on Wall St Rally
By Frank Tang NEW YORK | Mon Aug 2, 2010 4:01pm EDT NEW YORK (Reuters) – Gold was largely flat on Monday after an initial rally fizzled, as solid gains in equity markets driven by strong economic sentiment took a toll on the metal’s safe-haven appeal. Silver and platinum group metals rose sharply on better…
CNBC Fast Money Quote: Did Gold Bubble Just Pop?
“On the charts, gold has breached below two important support levels, namely its 50-day average at $1,382 and – as we mentioned above – its December lows at the $1,360s, explains Adam Sarhan, chief executive of New York-based Sarhan Capital in a Reuters interview.
“At this stage of the game, gold is at a very important inflection point,” Sarhan says.”Adam Sarhan Reuters Quote: Hedge funds selling gold after propping market a month ago
By Barani Krishnan NEW YORK | Fri May 17, 2013 6:55pm EDT (Reuters) – Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers, including hedge funds,…
CNBC Quote: Dow Jumps 100 Points In Open Amid Greece
FindLeadingStocks.com Single Stock Ideas… Starting at Only $19/month Advanced Report…. Starting at Only $97/Month By Evelyn Cheng 9:35am EST U.S. stocks opened higher on Tuesday, attempting to bounce from the worst trading day of the year, as investors turned more optimistic on the Greece crisis. “I think it’s an oversold bounce. … We also had…
