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CNBC: Rally loses steam as close approaches; Dow halves gains
U.S. stocks advanced in choppy trade Thursday, attempting to shake off pressure from further decline in oil prices, as investors awaited a possible Fed rate hike next week. “What we really need is to see a market that can trade higher agnostic to oil prices,” said Art Hogan, chief market strategist at Wunderlich Securities. “Breaking…
WSJ: Bullish Cotton Bets Fly in Face of Trump’s Trade Rhetoric
Feb 15, 2017 1:09 pm ET If a drop in cotton demand is coming, Wall Street doesn’t seem worried. While cotton producers and physical traders worry that President Donald Trump’s protectionist policies will cut into demand for cotton from its foreign trade partners in China and Mexico, hedge funds and other money managers are betting…
Adam in Reuters: US STOCKS-Wall St falls as consumer, finance stocks weigh
* Time Inc jumps after report of company rejecting takeover bid * Amazon weighs the most on the S&P, Nasdaq * Oil prices fluctuate on uncertainty regarding OPEC deal * Indexes down: Dow 0.15 pct, S&P 0.22 pct, Nasdaq 0.21 pct (Updates to early afternoon) By Tanya Agrawal and Anya George Tharakan November 28, 2016 11am…
Reuters: S&P 500, Nasdaq dip with healthcare
Markets | Wed Oct 21, 2015 3:40pm EDT The S&P 500 and Nasdaq slipped in choppy trading late Wednesday afternoon as insurers and other big healthcare names dropped and Yahoo (YHOO.O) shares fell following disappointing results. Valeant Pharmaceutical’s (VRX.N) U.S.-listed shares dropped sharply, hitting a low of $88.50, after short-seller Citron Research released a report…
Media Quote: COMMODITIES-Oil pierces $90; grains rally on thin volume
Thursday December 23, 2010 08:44:19 AM GMT MARKETS-COMMODITIES Oil at 2-year high after sharp drop in US stockpiles * Grains at multi-month peak; copper off from record * Trading volumes stay thin as holidays get nearer * Coming up: US jobless claims data on Thursday By Barani Krishnan NEW YORK, Dec 22 (Reuters) – Oil…
Reuters: US STOCKS-U.S. stocks little changed; healthcare down, techs up
* 2nd-qtr earnings kick off this week * Dollar touches 2-month high * Yellen to testify later in the week * Indexes down: Dow down 0.07 pct, S&P 0.04 pct, Nasdaq 0.08 pct (Updates to open) By Sweta Singh July 10 U.S. stocks swung between gains and losses on Monday as technology stocks buoyed the…