Friday, October 21, 2016 By Dion Rabouin | NEW YORK The dollar rose to its highest since Feb. 3 against a basket of currencies on Friday as investors increased bets on higher U.S. interest rates, while a measure of world stocks looked set for its first weekly gain in four weeks despite some soft U.S….
* GE falls after lowering forecast, weighs on S&P, Dow * Microsoft at record high on strong quarterly report * Time Warner hits 15-year high on reports of AT&T deal * Dow down 0.25 pct, S&P down 0.16 pct, Nasdaq up 0.14 pct (Updates to afternoon) By Yashaswini Swamynathan Oct 21 The S&P 500 and…
Friday, October 21, 2016 Stocks traded mixed on Friday, pressured by a strong dollar as earnings season continued and telecommunications lagged. The Dow Jones industrial average fell about 10 points in afternoon trade after momentarily dropping more than 100 points, with IBM and Johnson & Johnson contributing the most losses, offsetting strong gains from McDonald’s…
Wednesday, October 19, 2016 2:35pm EST Stocks closed mostly higher on Wednesday, helped by better-than-expected earnings and rising oil prices, following the release of key economic data from the Federal Reserve. The Dow Jones industrial average rose about 40 points, with Goldman Sachs contributing the most gains. The S&P 500 gained 0.2 percent, with energy…
The Old Timers Aren’t Bullish On Stocks… Are You? http://www.forbes.com/sites/adamsarhan/2016/10/17/the-old-timers-arent-bullish-on-stocks-are-you/#717d071470e6
* JPMorgan, Citi beat revenue estimates * Financials top gainers among S&P sectors * Dollar rises 0.35 pct, gold falls * Indexes up: Dow 0.75 pct, S&P 0.57 pct, Nasdaq 0.63 pct (Updates to open) By Yashaswini Swamynathan Oct 14 10am EST Wall Street was higher on Friday as better-than-expected results from JPMorgan and Citigroup…
Thursday, October 13, 2016 U.S. stocks fell on Thursday, but traded well off session lows, as investors digested weak data out of China and rising oil prices while assessing the possibility of a Federal Reserve rate hike. The Dow Jones industrial average dropped more than 150 points before holding about 10 points lower, with…
Wednesday, October 12, 2016 U.S. equities traded higher on Wednesday as investors parsed through the Federal Reserve‘s September meeting minutes. Fed officials in favor of hiking interest rates worry that waiting too long could send the country into recession, the minutes showed. “Still, the dovish case was made forcefully in the minutes, as was the…
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…
Monday, October 10, 2016 10:52am Stocks traded higher on Monday, following the second presidential debate while investors digested a rise in oil prices. “You have more clarity from the U.S. election, with the uncertainty from that heading lower; you’ve got less uncertainty from OPEC, and that’s bullish for stocks,” said Adam Sarhan, CEO of Sarhan…