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Adam Sarhan WSJ Quote: US Stocks Rise, Driven By Consumer Stocks
–Stocks push higher after soft reading on 1Q GDP –Europe gains as good demand for Italian bonds offset Spain’s downgrade –Amazon.com, Expedia soar as quarterly results exceed expectations –GDP grows 2.2% in 1Q versus expectations for 2.6% growth By Chris Dieterich OF DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Stocks rose as robust quarterly results from…
Reuters: Wall St. To Open Higher On Tech Recovery; Fed In Focus
Tue Jun 13, 2017 | 8:44am EDT U.S. stocks looked set to open higher on Tuesday as technology shares staged a recovery after a two-day rout, while investors awaited the Federal Reserve to kick off a meeting, where it is almost certain to raise interest rates. Traders have priced in a 94 percent chance of…
Adam Sarhan Reuters Quote: Gold could extend losses on looming 'death cross'
Tue Feb 19, 2013 5:02pm EST * 50-day moving average nearly falls below its 200 DMA * Investors not worried about inflation, hurts gold * Near-term rebound possible as market turns overly bearish By Frank Tang NEW YORK, Feb 19 (Reuters) – An ultra-bearish technical formation on gold charts suggests a further pullback could be…
Sarhan in CNBC: Stocks struggle for gains as close nears; yen resumes rise
Friday, 04.08.16 3:35 pm U.S. stocks gave up gains to trade narrowly mixed Friday as the yen held near highs not seen against the U.S. dollar since October 2014. The S&P 500 erased year-to-date gains in afternoon trade as the major averages temporarily turned lower on the day. The Dow Jones industrial average struggled for gains…
Adam Sarhan WSJ Quote: U.S. Stock Futures Drop as Traders Eye Ukraine
LIKE THIS? JOIN OUR FREE NEWSLETTER Data on Producer Prices, Consumer Sentiment Due By TOMI KILGORE And TOMMY STUBBINGTON March 14, 2014 8:20 a.m. ET U.S. stock futures edged lower Friday, as investors braced for more volatility ahead of Sunday’s vote in Crimea on whether to secede from Ukraine.Rising tensions in Ukraine knocked European markets down…
Adam Sarhan Reuters Quote: COMMODITIES-Mostly down; index reweighting starts
COMMODITIES-Mostly down; index reweighting starts with limited impact Wed Jan 8, 2014 4:48pm EST * Dollar, jobs data and Fed mute impact to rebalancing * Gold, oil and natgas fall; arabica coffee rallies (Updates with market activity and price action from session) By Barani Krishnan NEW YORK, Jan 8 (Reuters) – Gold, oil and…