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Reuters Quote: US STOCKS-Wall St set to open lower as dollar rises
* Business spending rises in April * Dollar hits one-month high * Time Warner Cable up on Charter deal * Futures down: Dow 41 pts, S&P 7 pts, Nasdaq 14.25 pts (Adds details, comments, updates prices) By Tanya Agrawal May 26 (Reuters) – Wall Street was set to open lower on Tuesday after the dollar…
Thursday Recap: Sarhan in @CNBC: Stocks fall sharply; Deutsche Bank down 6.5%
Thursday, September 29, 2016 U.S. stocks traded lower on Thursday the initial excitement from an OPEC production cut deal faded while investors digested several pieces of economic data. “For all intents and purposes, the OPEC meeting was all rhetoric and no action,” said Adam Sarhan, CEO at Sarhan Capital. “Remember, these countries do not like…
Sarhan In Bloomberg: Line Shares Send Positive Message at Their Market Debut $LN
Link: http://www.bloomberg.com/news/articles/2016-07-15/line-jumps-in-debut-of-2016-s-biggest-technology-ipo
Tuesday Recap: Sarhan in Reuters: Wall Street Drops As Earnings Season Begins on Dour Note
Tuesday, 10.11.16 2:12pm EST By Yashaswini Swamynathan U.S. stocks tumbled on Tuesday, with the S&P 500 and the Nasdaq on track for their worst day in one month, after Alcoa kicked off the earnings season on a dour note. Alcoa’s (AA.N) shares fell nearly 11 percent, their worst day in five years after the aluminum…
Sarhan In Reuters: Trump rally sputters as energy, health stocks drag
Fri Nov 11, 2016 | 11:33am EST By Yashaswini Swamynathan A rally sparked by Donald Trump’s surprise victory in the U.S. presidential election, that also powered the Dow to a record high, sputtered on Friday as energy and healthcare stocks came under pressure. Investors scrambled to adjust their portfolios to benefit from Trump’s plans to…
Adam in CNBC: Nasdaq sheds more than 1% as tech stocks slide; oil prices extend gains
December 1, 2016 4pm EST U.S. equities closed mostly lower on Thursday as declines in tech offset a rally in financial stocks, while investors digested economic data and rising oil prices. The Dow Jones industrial average rose about 70 points, with Goldman Sachs contributing the most gains. The S&P 500 fell about 0.4 percent, with…
