Monday, March 14, 2016 4pm EST U.S. stocks closed mixed in low volume trade Monday, mostly shaking off a decline in oil prices ahead of the Federal Reserve’s meeting later in the week. “Today’s pretty much of a day where people shore up their positions ahead of the meeting,” said JJ Kinahan, chief strategist at…
Markets | Thu Mar 10, 2016 1:06pm EST Wall Street reversed course and slipped sharply into the red in volatile trading on Thursday after European Central Bank President Mario Draghi signaled an end to further rate cuts. Stocks had jumped earlier in the day after the ECB pushed deposit rate deeper into negative territory and…
Adam Sarhan in CNBC
Wed 3.2.16 U.S. stocks tried for gains on Wednesday after their best start to a month in just over three years. Oil and data remained in focus ahead of Friday’s jobs report. WTI turned higher to hit $35.17, its highest since Jan. 6 and stocks came off session lows to briefly trade higher. The weekly…
* Manufacturing data weak in euro zone and China * Fiat up after reporting increase in February sales * Futures up: Dow 93 pts, S&P 12 pts, Nasdaq 24 pts (Adds details, comment, updates prices) By Abhiram Nandakumar March 1 Wall Street was set to open higher on Tuesday as oil prices held on to…
Feb 25, 2016 3:19 pm ET U.S. investors returned to their desks on the first trading day of the year to see that the Shanghai Composite Index had fallen 6.9%. The resulting stateside selloff was swift and heavy. Less than two months later, U.S. traders got in Thursday morning to see the same thing: a6.4% selloff in…
U.S. stocks traded higher Thursday, following the prior day’s massive intraday reversal, as oil prices gained. The Dow Jones industrial average added more than 150 points, with United Technologies and Goldman Sachs contributing the most to gains. “I still think the shorts haven’t been neutralized. I think there’s a bit of a short squeeze going…
U.S. stocks traded in a range Friday, continuing to consolidate after solid gains earlier in the week and mostly shaking off pressure from declines in oil prices. The major averages held mixed in midday trade, but well off session lows with the Nasdaq composite trading mostly higher. “I think people feel the market’s stabilizing to…
Friday, 2.12.16 U.S. equities closed sharply higher on Friday as European and American bank stocks — as well as oil prices — bounced sharply, while investors digested U.S. economic data. “I think people are finally seeing lots of things worth buying,” said Adrian Day, chairman and CEO of Adrian Day Asset Management. The Dow Jones…
Thursday 2,11.16 U.S. equities fell sharply Thursday as investors digested a massive global sell-off. “The Chinese H share index didn’t wait until the mainland opening on Monday and closed overnight with a near 5% drop to a level last seen in March 16th 2009,” Peter Boockvar, chief market analyst at The Lindsey Group, said in…