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Sarhan in Reuters: Wall Street pulls back after recent rally
Markets | Mon Apr 4, 2016 6:29pm EDT U.S. stocks ended weaker on Monday, pulling back from a recent rally that took them to new 2016 highs, as losses in commodity-related and industrial shares offset gains in healthcare. The S&P materials sector .SPLRCM fell 1 percent after copper prices touched their lowest in a month,…
Adam Sarhan Reuters Quote: Gold gains as investors bet on continued Fed stimulus
PRECIOUS-Gold gains as investors bet on continued Fed stimulus Mon, Oct 28 14:23 PM EDT * Dollar index steadies ahead of Fed meeting * Gains seen likely if Fed delays stimulus tapering * Platinum up 1.7 pct on South African strike (Updates prices) By Marina Lopes and Clara Denina NEW YORK/LONDON, Oct 28 (Reuters) –…
Adam Sarhan Quoted in ZeroHedge: Bernanke & US Stocks
Thursday, June 7, 2012 MICHAEL MORAN, CHIEF ECONOMIST, DAIWA SECURITIES AMERICA, NEW YORK “Bernanke didn’t reveal anything new in his prepared remarks. He was general and vague about what the Fed might do with monetary policy. He reiterated the Fed was willing to do more, if needed, but offered no clues as to whether additional…
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…
Reuters Quote: Gold hits two-month low on China tightening fear
By Frank Tang NEW YORK | Thu Jan 20, 2011 3:58pm EST (Reuters) – Gold fell nearly 2 percent to two-month lows on Thursday due to technical selling and as worries over further monetary tightening in China triggered a commodities rout. Silver, which sharply outperformed gold last year, dropped almost 4 percent for its biggest one-day decline…
CNBC Quote: Nasdaq dips 2%, Dow near 6-month low as consumer discretionary falls
By, Evelyn Cheng @chengevelyn U.S. stocks fell nearly 1 percent or more on Thursday as renewed declines in oil weighed on investor sentiment amid a slew of earnings releases and Friday’s key employment report. The major averages extended losses after the S&P 500 broke through a key level of 2,087 that many analysts were watching. Art…
