Thursday, June 30, 2016 BY LEWIS KRAUSKOPF Wall Street posted solid gains for a third straight day on Thursday as Britain’s central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International’s $23 billion bid for Hershey. The three U.S. indexes were each up at least 1 percent, and…
Markets | Thu Jun 23, 2016 10:07pm EDT * Sterling weakens against the dollar * Opinion poll put “remain” campaign in lead * Banks climb after Fed gives passing grade in stress tests * Indexes up: Dow 1.3 pct, S&P 1.3 pct, Nasdaq 1.6 pct (Adds detail on market reaction, comment) By Noel Randewich June…
Thursday 6.23.16 4pm EST U.S. stocks closed higher Thursday as pound sterling held near year-to-date highs against the greenback, following increased expectations that the U.K. will vote to remain in the European Union. Stocks neared session highs with about 10 minutes to the close. The Dow Jones industrial average added more than 200 points.Goldman Sachs…
Wednesday 6.15.16 8:55am EST Wall Street was set to snap a four-day losing streak on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain’s possible exit from the European Union. The Federal Open Market Committee (FOMC) will release its policy statement at 2:00 p.m. ET after a…
Tuesday 6.14.16 4pm EST U.S. stocks closed lower Tuesday, amid declines in oil prices, as investors looked ahead to the conclusion of the Fed meeting and the U.K. vote on whether to leave the European Union. The major averages ended well off session lows, with the S&P 500 just a touch below its 50-day moving…
* Worries about “Brexit” weigh on sentiment * Volatility index jumps 17 pct * Intel inches higher on report of Apple contract win * Indexes down: Dow 0.9 pct, S&P 1.2 pct, Nasdaq 1.6 pct (Updates to late afternoon) By Caroline Valetkevitch June 10 U.S. stocks extended losses into a second day on Friday following…
1:33 PM EDT June 10, 2016 Adam Sarhan, founder and chief executive officer at Sarhan Capital, discusses the trade in oil and the investment options for a new bull market in commodities. He speaks on “Bloomberg Markets.” (Source: Bloomberg) or Watch Here: http://www.bloomberg.com/news/videos/2016-06-10/unleashing-the-new-bull-market-in-commodities
1:15 PM EDT June 10, 2016 Adam Sarhan, founder and chief executive officer at Sarhan Capital, discusses the trade in oil and the potential for a new bull market in commodities. He speaks on “Bloomberg Markets.” (Source: Bloomberg) Or Watch Here: http://www.bloomberg.com/news/videos/2016-06-10/oil-and-commodities-breaking-out-or-breaking-down
Published: June 9, 2016 9:08 a.m. ET Something wicked this way comes? Splashed across the front of The Wall Street Journal last night was an interview with hedge fund manager George Soros, who made a fortune by taking down the British pound in 1992. According to those in the know, Soros has been selling stocks…
Wed 6.8.16 Barring a large selloff, or economic recession, the evidence suggests we are in the early stages of a new bull market for commodities. Over the past few years, nearly every major global commodity in the world has been in a severe bear market. Gold and Silver both topped out in late 2011 and were in…