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Adam Sarhan Reuters Quote: TREASURIES-Prices rise on worries over US, European business conditions
Thu Feb 21, 2013 11:14am EST * Surveys show downturn in euro zone businesses * U.S. weekly jobless claims rise by more than expected * Philly Fed business conditions in January lowest in 8 months * Treasuries underpinned by concern over government spending cuts By Chris Reese NEW YORK, Feb 21 (Reuters)…
Sarhan in CNBC: Bulls vs bears – Two arguments for stocks in the second half
Stocks have been flat for 18 months, but some market participants see potential upside in the second half despite many reasons to doubt the staying power of this weeks’ gains. After Thursday’s close, the Dow Jones industrial average and the S&P 500 were virtually unchanged for the year, having gained just 2.69 percent and 2.90…
CNBC: S&P 500 posts record close as Wall Street cheers Fed's gradual plan to trim balance sheet
Wednesday, May 24, 2017 The S&P 500 gained 0.25 percent, as real estate led advancers, to post a record close. The central bank sees a system where it will announce cap limits on how much it will allow to roll off each month without reinvesting. The S&P and the Dow closed above their May 16…
Adam Sarhan Quoted In Reuters: TECHNICALS-Copper's slump this week isn't over, chartists say – RTRS
14-Jan-2015 15:05 By Marcy Nicholson NEW YORK, Jan 14 (Reuters) – NEW YORK, Jan 14 (Reuters) – Copper’s 12-percent dive so far this week has sliced through key support levels, setting up a deeper slump that some chartists say could test the market’s decade low following the 2008 financial crisis. This week’s slump, which is…
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…
Reuters: Wall Street little changed as oil prices weigh
Markets | Mon Dec 14, 2015 10:09am EST Wall Street was little changed on Monday, two days ahead of an expected U.S. interest rate hike, as crude oil prices hovered near 11-year lows. The S&P energy sector was down 0.33 percent on Monday on growing concerns that the global oil glut would worsen next year….