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CNBC.com Adam Sarhan Quote: 4-U.S. inflation-adjusted consumer spending falls in June
Published: Tuesday, 31 Jul 2012 | 8:42 AM ET NEW YORK, July 31 (Reuters) – Spending by American consumers fell in June for the first time in nearly a year when accounting for inflation, suggesting the economy lost momentum as it ended the second quarter. COMMENTS: MATTHEW LIFSON, SENIOR TRADER AND ANALYST, CAMBRIDGE MERCANTILE GROUP,…
Tuesday Recap: Sarhan in Reuters: Wall Street Drops As Earnings Season Begins on Dour Note
Tuesday, 10.11.16 2:12pm EST By Yashaswini Swamynathan U.S. stocks tumbled on Tuesday, with the S&P 500 and the Nasdaq on track for their worst day in one month, after Alcoa kicked off the earnings season on a dour note. Alcoa’s (AA.N) shares fell nearly 11 percent, their worst day in five years after the aluminum…
Adam Sarhan WSJ Quote: Facebook’s ‘Breakaway Gap’ Is Bullish Game Changer
July 26, 2013, 12:35 PM ET Facebook’s ‘Breakaway Gap’ Is Bullish Game Changer By Tomi Kilgore Investors may be wondering if they have missed the boat after a 30% one-day surge in Facebook Inc.’sshares. But chart-watchers say that while there could be a short-term pullback, there is plenty more room to run to new highs. On Thursday,…
Adam Sarhan Reuters Quote: Wall St Week Ahead-Dollar's rally bad news for oil, multinationals
Fri, Sep 19 2014 By Akane Otani NEW YORK, Sept 19 (Reuters) – The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. The greenback’s recent gains have lifted the dollar index – a measure of the…
Adam Sarhan CNBC.com Quote: Futures climb on China support hope, data on tap
Published: Thursday, 27 Sep 2012 | 8:21 AM ET NEW YORK (Reuters) – U.S. stock index futures rose on Thursday, on track to snap a five-day losing streak, as hopes grew that the Chinese government would step in to bolster the nation’s slowing growth. Chinese stocks rebounded from multi-year lows on speculation the China Securities Regulatory…
