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CNBC Quote: Nasdaq Falls 1%, Dow Falls 150 Points Amid Global Growth Concerns
Evelyn Cheng | @chengevelyn U.S. stocks traded lower after briefly attempting gains on Friday, despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment. “I think the overarching driver for change may be the macro, not the micro,” said Art Hogan, chief market strategist at Wunderlich Securities. “It’s been a week…
Adam Sarhan CNBC.com Quote: WRAPUP 1-U.S. manufacturing grows in Sept for 1st time since May
Published: Monday, 1 Oct 2012 | 1:22 PM ET * Manufacturing unexpectedly expanded last month-ISM * New orders, unemployment gauges improved * Construction spending fell 0.6 pct in Aug By Leah Schnurr NEW YORK, Oct 1 (Reuters) – U.S. manufacturing unexpectedly expanded in September for the first time since May as new orders and employment picked…
Sarhan: If Apple Doesn't Deliver 'Wow' Factor, Stock Will Sell Off
Benzinga News Desk , Benzinga Staff Writer March 09, 2015 12:53pm Speaking to Benzinga, Sarhan Capital Founder and CEO Adam Sarhan said that Apple Inc. AAPL 1.1% investors need to see the “wow” factor out of the Apple Watch in Monday’s media event. “If they’re able to deliver the ‘wow’ factor, the stock is…
Adam Sarhan IBTimes.com Quote: Symantec Corporation Said To Weigh Breakup, Separating Security, Storage Units
By Jessica Menton on October 08 2014 8:52 AM Symantec Corporation could be the latest major tech firm to break itself apart, following in the steps of both eBay Inc. and Hewlett-Packard Co., with an announcement just a few weeks away, Bloomberg reported Wednesday. Symantec declined to comment on the report. “Symantec does not comment on rumors…
Forbes: For The Federal Reserve, China Matters
SEP 17, 2015 @ 04:31 PM A few people on the Street thought that China did not matter to the Fed’s rate decision this month. It looks like China mattered more to chairwoman Janet Yellin than most people anticipated. While the market expected the Fed to keep rates steady on Thursday, China’s slowdown adding to…
CNBC: Energy sector drops, putting a lid on stocks; Dow closes little changed
Thursday, May 4, 2017 Equities closed mostly flat on Thursday as energy stocks put a lid on the broader market. The Dow Jones industrial average closed about 8 points lower, with Caterpillar and Chevron contributing the most losses. The 30-stock index fell more than 100 points at session lows before recovering most losses. The S&P…