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Adam Sarhan Reuters Quote: Commodities Big slump as demand worry replaces Fed euphoria
By Barani Krishnan NEW YORK | Mon Sep 17, 2012 5:12pm EDT (Reuters) – Commodity markets tumbled on Monday, as investors worried about the demand outlook for oil, metals and grains after weeks of rising prices built on optimism over economic stimulus in the United States and Europe. With technical charts showing many commodity markets in or…
Sarhan in Reuters: Wall Street set to open little changed after Bank of England cuts rates
Markets | Thu Aug 4, 2016 9:02am EDT Wall Street was set to open little changed on Thursday after the Bank of England cut its main lending rate to a record low and revived its bond-buying program. The BoE lowered the rate to 0.25 percent from 0.5 percent and said it would take “whatever action…
Reuters: US STOCKS- Wall St set to open flat on last day of strong quarter
Friday, March 31, 2017 * S&P, Dow set for best 1st-qtr since 2013 * Feb U.S. consumer spending up 0.1 pct vs est. 0.2 pct * FMC jumps on deal with DuPont * Futures down: Dow 17 pts, S&P 3.5 pts, Nasdaq 3 pts (Adds details, comments, updates prices) By Yashaswini Swamynathan March 31 U.S….
Adam Sarhan WSJ Quote: US Stocks Rise, Driven By Consumer Stocks
–Stocks push higher after soft reading on 1Q GDP –Europe gains as good demand for Italian bonds offset Spain’s downgrade –Amazon.com, Expedia soar as quarterly results exceed expectations –GDP grows 2.2% in 1Q versus expectations for 2.6% growth By Chris Dieterich OF DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Stocks rose as robust quarterly results from…
Adam Sarhan Reuters Quote: Copper Rallies With Broader Risk Recovery
Adam Sarhan Reuters Quote August 2011- Copper and Stock markets- “On a short-term basis, it appears that both copper and equities are putting in what appears to be a short-term low as long as this week’s lows are not breached,” said Adam Sarhan, chief executive of Sarhan Capital, a financial services firm based in New York.
Sarhan CNBC: Stocks struggle to hold gains; Yellen eyed
Tuesday, Feb 9, 2016 10:35 am U.S. equities traded mostly higher on Tuesday as U.S. oil prices reversed and investors looked ahead to Fed Chair Janet Yellen’s testimony. “There’es a real likelihood that she comes out and acknowledges the weakness in the economy here and overseas,” said Robert Pavlik, chief market strategist at Boston Private…