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Adam in Reuters: Dow hits record high as markets ride on Trump win
* Healthcare, financial lead Wall St higher * Dollar hits more than two-week high; gold flat * Indexes up: Dow 0.87 pct, S&P 0.79 pct, Nasdaq 0.86 pct (Updates to open) By Yashaswini Swamynathan Nov 10 The Dow Jones industrial average hit a record intraday high on Thursday as investors bet that President-elect Donald Trump…
Adam Sarhan Reuters Quote: U.S. job growth offers upbeat sign for weather-beaten economy
Want More? Join Our OUR FREE NEWSLETTER Published: Friday, 7 Mar 2014 | 10:07 AM ET * Nonfarm payrolls rise 175,000 in February * Unemployment rate rises to 6.7 percent from 6.6 percent * Average hourly earnings rise nine cents, workweek falls * Data seen bolstering Fed’s resolve to scale back stimulus WASHINGTON, March 7…
Adam Sarhan Reuters & CNBC.com Quote: Copper set for weekly loss as growth fears weigh
Published: Thursday, 3 May 2012 | 2:38 PM ET NEW YORK/LONDON (Reuters) – Copper fell in moderate dealings on Thursday, on track for its first weekly loss in the past three, after a double-dose of soft data from the United States dented global growth prospects, already down on China’s slowdown and Europe’s spiraling debt crisis. The…
Adam Sarhan Reuters Quote: Futures higher as focus shifts to Fed
By Angela Moon NEW YORK | Wed Mar 20, 2013 8:31am EDT (Reuters) – Stock index futures rose on Wednesday as the focus shifted from concerns about Cyprus’s financial health to the statement from the Federal Reserve’s policy committee and news conference by Chairman Ben Bernanke later in the day. The Federal Reserve looks set to sustain its $85…
Adam Sarhan MarketWatch.com Quote: 8 reasons the selloff could get much worse
8 reasons the selloff could get much worse November 8, 2012, 11:22 AM As if investors don’t have enough to worry about with the fiscal cliff, scary technical indicators are coming out of the closet. Adam Sarhan, founder and chief executive officer of New York-based Sarhan Capital, said that over the past eight weeks, U.S. stock markets…
Adam Sarhan Reuters Quote: METALS-Copper rallies on stronger U.S. payrolls data
Fri Aug 3, 2012 3:35pm EDT * U.S. non-farm payrolls rise by 163,000 in July * Dollar falls vs euro; copper jumps over 1.5 pct * Copper open interest reflects lack of conviction By Chris Kelly and Susan Thomas NEW YORK/LONDON, Aug 3 (Reuters) – Copper jumped by the most in three weeks on Friday…
