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Latest Media Quote: US Stocks Climb As Retail Sales Top Expectations
Nov. 15, 2010, 10:32 a.m. EST By Donna Kardos NEW YORK (MarketWatch) — U.S. stocks rose Monday following better-than-expected retail sales, although the gains were limited by disappointing manufacturing data and a rise in inventories that investors fear might have been too big. The Dow Jones Industrial Average climbed 49 points, or 0.4% to 11241,…
Media Quote: Reuters- Commodities-Oil, Metals Drop on Weak Jobs Data…
Adam Sarhan quoted in Reuters about July’s nonfarm payrolls report and its impact on commodity markets.
Reuters Quote: Wall Street falls steeply with China, Greece fears paramount
(Reuters) – The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings. Selling followed sharp overseas stocks declines and was broad, with all 10 major S&P 500sectors losing ground….
Reuters Quote: U.S. stocks mixed as consumer data eases Greece worries
U.S. stocks were mixed in late morning trading on Friday as better-than-expected consumer confidence data brought some relief to investors concerned about a possible debt default by Greece. University of Michigan’s final reading on the overall index on consumer sentiment for June was 96.1, higher than its preliminary reading of 94.6. “Investors are really craving…
Adam Sarhan Reuters Quote: Gold rebounds to end higher, US budget in focus
Fri Dec 21, 2012 5:31pm EST * Late buying lifts market off nearly 4-month low * Some see technical rebound if gold gets above $1,633 * Iraq boosts gold reserves for first time in years (Recasts and updates throughout to close of U.S. trading session) By Barani Krishnan and David Brough NEW YORK/LONDON, Dec 21…
Sarhan CNBC: Stocks struggle to hold gains; Yellen eyed
Tuesday, Feb 9, 2016 10:35 am U.S. equities traded mostly higher on Tuesday as U.S. oil prices reversed and investors looked ahead to Fed Chair Janet Yellen’s testimony. “There’es a real likelihood that she comes out and acknowledges the weakness in the economy here and overseas,” said Robert Pavlik, chief market strategist at Boston Private…