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CNBC Quote: Stocks Attempt Gains As Street Digests Mixed Data
CNBC.com: U.S. stocks traded in a narrow range on Monday, the first day of trade for June, amid mixed reports on second quarter economic growth. “We have a lot of data giving somewhat conflicting stories,” said Moody’s Analytics capital markets economist Ben Garber, noting the counter effects of improved manufacturing data and continued weakness in…
Reuters Quote: Wall St. Set To Open Higher on Renewed Greece Hopes
By Sweta Singh Wall Street was set to open higher on Wednesday after Greek Prime Minister Alexis Tsipras signaled he was prepared to accept creditors’ bailout offer with some conditions. Greece on Tuesday on a 1.6 billion euro repayment to the International Monetary Fund. Tsipras has sent a letter to the creditors outlining conditions for…
CNBC Quote: Nasdaq Falls 1%, Dow Falls 150 Points Amid Global Growth Concerns
Evelyn Cheng | @chengevelyn U.S. stocks traded lower after briefly attempting gains on Friday, despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment. “I think the overarching driver for change may be the macro, not the micro,” said Art Hogan, chief market strategist at Wunderlich Securities. “It’s been a week…
Sarhan in CNBC: Dow, S&P tracking for three-day win streak; materials lead
Wed 6.8.16 3:22 PM EST U.S. stocks traded mostly higher Wednesday, helped by gains in oil prices, with the Dow and S&P about 1 percent below their 52-week intraday highs, touched last summer. Traders also attributed support to stocks from the weaker U.S. dollar. The U.S. dollar index traded about 0.3 percent lower, with the…
Forbes: Brazil In A Post-Dilma World Not Quite Nirvana
OCT 9, 2015 @ 02:19 PM Getting rid of beleaguered Brazilian president Dilma Rousseff might be interesting to some investors, but it is a lot more interesting to the opposition party. And politics and economics can be like oil and water. In this case, I think it is. The Dilma administration suffered another serious blow…
Adam Sarhan Reuters Quote: Paulson holds onto bullish bets in gold ETF in Q3, others cut
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…
