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Wednesday Recap: Sarhan in CNBC: Stocks close mixed after Beige Book; Nasdaq posts 4-day win streak
Wednesday, September 07, 2016 U.S. stocks traded near the flatline Wednesday afternoon, with consumer staples lagging, as investors digested the release of the Federal Reserve’s Beige Book. The Dow Jones industrial average fell about 15 points, with Home Depot contributing the most losses. “It does feel like a calm before a storm as we head…
CNBC Quote: Stocks Attempt Gains As Street Eyes Data, Earnings
By Evelyn Cheng | @chengevelyn 11:22 am U.S. stocks traded mildly higher on Tuesday as investors eyed economic reports and earnings that continued to indicate less-than-robust growth, amid news of a deal in Iran. “To a certain extent, bad news keeps the Fed at bay,” said Ben Pace, chief investment officer at HPM Partners. “Maybe…
Reuters: Wall St. lower as earnings take sheen off oil surge
Markets | Fri Apr 22, 2016 11:25am EDT Wall Street was lower on Friday after a slew of disappointing earnings reports from Microsoft and other major companies eclipsed a surge in oil prices which boosted energy shares. Microsoft was the biggest drag on all three major indexes. Crude rose about 2.5 percent on signs of…
Adam Sarhan Reuters & CNBC.com Quote:
NEW YORK (Reuters) – New single-family home sales dropped in March to their lowest level in four months, but the reading still beat analysts’ expectations as the government said sales in prior months were higher than initially thought. Consumer confidence edged slightly lower in April, while Americans also reined in their inflation expectations after a…
Reuters Quote: US STOCKS…
Wed Mar 23, 2011 2:37pm GMT * U.S. home sales hit a record low in February * Fed tells Bank of America to rein in dividend plan * Portugal set to vote on austerity measures * Indexes down: Dow 0.4 pct, S&P 0.7 pct, Nasdaq 0.7 pct * For up-to-the-minute market news see [STXNEWS/US] (Updates…
Adam Sarhan Reuters Quote: METALS-Copper rallies on stronger U.S. payrolls data
Fri Aug 3, 2012 3:35pm EDT * U.S. non-farm payrolls rise by 163,000 in July * Dollar falls vs euro; copper jumps over 1.5 pct * Copper open interest reflects lack of conviction By Chris Kelly and Susan Thomas NEW YORK/LONDON, Aug 3 (Reuters) – Copper jumped by the most in three weeks on Friday…
