By Barani Krishnan NEW YORK | Fri May 17, 2013 6:55pm EDT (Reuters) – Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers, including hedge funds,…
Goldman: This rally doesn’t need techs May 9, 2013, 4:48 AM As Wall Street continues to break records, the players have been changing. Value-oriented stocks and defensives had been leaders in the bull market, but recently money has been moving into cyclical stocks — technology, financials and energy. To many, this is a healthy sign for a…
May 8, 2013, 9:46 a.m. EDT U.S. stocks ease after record-setting run By Polya Lesova and Matt Andrejczak, MarketWatchNEW YORK (MarketWatch) — U.S. stocks drifted lower at the open Wednesday as investors took a break after a string of record-setting gains.The Dow Jones Industrial Average (DJI:DJIA) fell 31 points to 15,025 after closing above 15,000 for the first time on…
COMMODITIES-Futures pull back after early rally, await China data Tue May 7, 2013 5:35pm EDT * China April trade data expected on Wednesday * Brent crude closes below $105 after nearing $106 earlier * Copper consolidates early run to 3-week high * Gold down as Australia cuts rates, ECB open to more easing (Updates with…
By Polya Lesova and Barbara Kollmeyer, MarketWatch April 26, 2013, 8:59 a.m. EDT NEW YORK (MarketWatch) — U.S. stock futures extended losses on Friday after data showed the American economy expanded at a slower pace in the first quarter than analysts expected. U.S. gross domestic product grew at a 2.5% rate in the first…
(Updated from 3:53 p.m. EDT with more views from analyst) NEW YORK (TheStreet) — Sprint (S) fell in New York as the mobile-phone operator and peer T-Mobile said they must delay the introduction of Samsung’s Galaxy S4 due to inventory challenges at the Korean electronics manufacturer. Samsung in a statement said that “due to overwhelming global demand of Galaxy S4, the initial supply…
Fri Apr 19, 2013 6:21pm EDT * Managed money net longs in gold up nearly 6 pct * Crude oil, gasoline see big drops; natgas record high By Barani Krishnan April 19 (Reuters) – Hedge funds and other big speculators plowed new money into gold even after the precious metal posted a record loss in dollar terms…
ByTomi Kilgore 4:18 pm Apr 19, 2013 SPDR S&P Homebuilders ETF FactSet For a year and a half, home-building stocks led the broader stock market higher. But in recent weeks that rally in home builders has run out of steam and now technicians say the charts are pointing still lower. The housing market has continued…
UPDATE 1-INSTANT VIEW-GE profit jumps 16 percent in first quarter Published: Friday, 19 Apr 2013 | 7:06 AM ET April 18 (Reuters) – General Electric Co reported a 16 percent rise in first-quarter earnings on Friday as it sold more equipment for oil and gas drilling and shed its stake in NBC Universal. The world’s…
04/01/13 8:24am EDT By Ryan Vlastelica NEW YORK (Reuters) – Stock index futures were flat on Monday after the S&P 500 index set a record closing high on Friday and investors waited for a report on U.S. manufacturing, a major component of economic growth. This is a busy week for economic data. In addition to the…