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Sarhan in CNBC: Dow, S&P Extend Losing Streak To 4 days; Nasdaq Gains
U.S. stocks closed mostly lower on Wednesday as investors digested remarks from Fed Chair Janet Yellen, as well another choppy trading in oil. “It’s a lack of bullish impetus,” said Adam Sarhan, CEO of Sarhan Capital. “Anytime you see the market trying to rally, you get strong selling pressure.” Leading the three major indexes was…
Sarhan in Reuters: Wall Street set for higher open as oil rally continues
Wed Jun 8, 2016 8:58am EDT Wall Street was set for a slightly higher open on Wednesday, a day after the S&P closed at a near 11-month high, as oil prices rose again and chances of an interest rate hike in the near term faded. Oil held above $50 for the second consecutive day on…
COMMODITIES- Markets up, rebound from rout on US jobs data
“What’s happening now is the global economic recovery story has become just as important as the dollar story, if not more,” said Adam Sarhan at Sarhan Capital in New York. “That’s the shift we’re starting to see now.”
Adam Sarhan MarketWatch Quote: Stock Futures Higher Ahead of Home Sales, Earnings
April 28, 2014, 8:24 a.m. EDT Stock futures gain ahead of home sales, earnings AstraZeneca leaps on renewed Pfizer interest By Sara Sjolin, MarketWatchLONDON (MarketWatch) — U.S. stock futures pointed to a strong open on Wall Street on Monday, with a report on pending home sales as well as earnings from Charter Communications and Franklin Resources in focus….
International Business: Dow Jones Industrial Average Drops Nearly 400 Points In Global Sell-Off
BY ANGELO YOUNG @ANGELOYOUNG_ ON 01/04/16 AT 9:51 AM This story was updated at 2:06 p.m. EST. Global stock indexes tumbled deeply into the red Monday on the first trading day of 2016 as weak China manufacturing data rekindled concerns of a considerable slowdown in the world’s second-largest economy. The Dow Jones Industrial Average was on its…
Adam Sarhan Reuters Quote: U.S. stock index futures up as 'cliff' talks go on
By Ryan Vlastelica and Blaise Robinson Mon Dec 31, 2012 3:53am EST Dec 31 (Reuters) – U.S. stock index futures signalled a slightly higher open on Wall Street on Monday, withstocks set to snap a five-session losing streak as talks continued in Washington over resolving the “fiscal cliff”. Futures for the S&P 500 were up 0.43 percent, Dow Jones futures up 0.23…