* Drop in US jobless claims stirs ideas of Fed tapering * Platinum hits four-month low on technical selling * China’s imports from Hong Kong highest in seven months * Coming up: U.S. markets shut on Thursday By Frank Tang and Clara Denina NEW YORK/LONDON, Nov 27 (Reuters) – Gold fell on Wednesday, erasing initial…
By TOMI KILGORE and PETER NURSE Updated Nov. 27, 2013 8:28 a.m. ET NEW YORK—U.S. stock futures edged higher, signaling a possible extension of a rally that has taken the Nasdaq Composite Index above 4000 for the first time in 13 years and blue chips to a string of records.European markets got a lift from upbeat economic data…
Thu, Nov 21 2013 * U.S. data lessens fear of Fed tapering * Euro rises as ECB plays down risk of deposit rate cut * Dollar rises above 100 yen, BOJ keeps policy loose * Copper, oil rally; gold holds close to 4-month lows By Ryan Vlastelica NEW YORK, Nov 21 (Reuters) – U.S. stocks rose…
Carl Icahn clarifies his stock-caution comments as others downplay them November 19, 2013, 10:47 AM Activist investor Carl Icahn has clarified his comments that contributed to pushing stocks to session lows on Monday. Icahn posted a clarification on his website Shareholders’ Square Tablein order to shed light on his stock-related remarks originally reported on Monday from the Reuters…
TECHNICAL-Palladium’s “golden cross” signals near-term gains 3:17pm EST * Palladium up 3 pct in 2013, lone gainer in precious metals * “Cross” seen bullish on prices in next 3-6 months -analyst * Open interest in U.S. futures near 1-1/2 year high * Has met strong resistance at $780 six times in 2013 By Frank Tang NEW…
Why Is The Government Getting Off Scot Free From JPMorgan’s (NYSE:JPM) $13 Billion Fine? After All They Were The Ones Who Sold Them Washington Mutual Join Our Free Newsletter & Get Powerful Ideas Delivered To Your Inbox By Christopher Harress on November 19 2013 11:47 AM It’s unlikely that when J.P. Morgan Chase & Co. (NYSE:JPM)…
Thu, Nov 14 2013 By Frank Tang NEW YORK (Reuters) – Hedge fund Paulson & Co maintained its stake in SPDR Gold Trust, the world’s biggest gold-backed exchange-traded fund, in the third quarter after slashing its stake by more than half in the second quarter when bullion prices plummeted. However, some notable money managers and pension…
Nov. 7, 2013, 6:34 a.m. EST By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) — Stock futures were marginally lower on Thursday as investors took to the sidelines ahead of the European Central Bank meeting and the release of U.S. GDP growth data. On the corporate front, all eyes will be on Twitter Inc.’s debut on the New York Stock Exchange,…
Tesla Teeters as Earnings Loom By Tomi Kilgore 11/5/13 With Tesla Motors Inc. teetering between two key technical levels, chart watchers say the electric-car maker’s earnings report could determine whether the stock speeds higher, or crashes, by as much as 40% over the next couple months. Tesla is technically still in a bull market, chart watchers say, but…
PRECIOUS-Gold gains as investors bet on continued Fed stimulus Mon, Oct 28 14:23 PM EDT * Dollar index steadies ahead of Fed meeting * Gains seen likely if Fed delays stimulus tapering * Platinum up 1.7 pct on South African strike (Updates prices) By Marina Lopes and Clara Denina NEW YORK/LONDON, Oct 28 (Reuters) –…