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Reuters Quote: Wall St. ends up sharply as investors buy beaten-down shares
BY CAROLINE VALETKEVITCH (Reuters) – U.S. stocks bounced back sharply on Friday as investors snapped up beaten-down shares in the healthcare and technology sectors, and as data gave further signs of a pickup in the economy. Apple (AAPL.O) provided the biggest boost to the major indexes, jumping 3 percent to $128.95 in its biggest daily…
Friday Recap- Sarhan In CNBC: Stocks extend gains, Dow up triple digits as Deutsche surges
Friday, September 30, 2016 U.S. equities rose sharply on Friday as investors kept a close eye on Deutsche Bank shares following a fall that triggered a broad-based sell-off. The Dow Jones industrial average jumped more than 200 points in late-morning trade before holding about 185 points higher, with Goldman Sachs contributing the most gains. The…
Adam Sarhan CNBC Quote; Pros: Are Sharp Gains in Oil Here to Stay?
“This was exactly the type of black swan event nobody was expecting this year — a political revolution in the Middle East — and it’s turned out to be a boon for oil,” says Adam Sarhan, founder of New York-based financial advisory Sarhan Capital in a Reuters interview.Are the sharp gains in oil here to say?
@MarketWatch Why Lower For Longer Stopped Being Good News For Stocks
Fed likely won’t raise interest rates soon, and now that’s bad Published: Oct 2, 2015 3:11 p.m. ET Bad news might be bad news once again. A weak September jobs report and a pair of downward revisions to July and August data on Friday all but extinguished market expectations for a 2015 interest-rate hike. Treasurys…
Adam Sarhan Reuters Quote: U.S. job growth offers upbeat sign for weather-beaten economy
Want More? Join Our OUR FREE NEWSLETTER Published: Friday, 7 Mar 2014 | 10:07 AM ET * Nonfarm payrolls rise 175,000 in February * Unemployment rate rises to 6.7 percent from 6.6 percent * Average hourly earnings rise nine cents, workweek falls * Data seen bolstering Fed’s resolve to scale back stimulus WASHINGTON, March 7…
Sarhan in Reuters: Apple boosts Nasdaq and Dow, S&P little changed
Markets | Mon May 23, 2016 11:33am EDT A rise in Apple’s stock helped boost the Nasdaq and the Dow, while the S&P 500 was little changed in late morning trading on Monday. The benchmark Philadelphia SE Semiconductors Index .SOX was also up 1.2 percent, following a 3.2 percent rise on Friday, after a report…