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Wednesday Recap: Sarhan in CNBC: Stocks close mixed after Fed minutes; real estate, utilities lead
Wednesday, October 12, 2016 U.S. equities traded higher on Wednesday as investors parsed through the Federal Reserve‘s September meeting minutes. Fed officials in favor of hiking interest rates worry that waiting too long could send the country into recession, the minutes showed. “Still, the dovish case was made forcefully in the minutes, as was the…
Adam Sarhan Reuters Quote: Futures higher as focus shifts to Fed
By Angela Moon NEW YORK | Wed Mar 20, 2013 8:31am EDT (Reuters) – Stock index futures rose on Wednesday as the focus shifted from concerns about Cyprus’s financial health to the statement from the Federal Reserve’s policy committee and news conference by Chairman Ben Bernanke later in the day. The Federal Reserve looks set to sustain its $85…
CNBC Quote: Dow Remains In The Red For 2015 Amid Greece Concerns; $UTX Falls -2.5%
Monday 6.15.15 U.S. stocks pared losses on Monday after opening sharply lower, following a decline in European equities on the collapse of weekend talks between Greece and its creditors. “Right now the key driver in the U.S. and international markets seems the breakdown in the Greece negotiations,” said Art Hogan, chief market strategist at Wunderlich…
Adam in CNBC: Stocks close lower amid Trump policy concerns; financials dive 2%
Tuesday, January 17, 2017 4:00 p.m. U.S. equities fell on Tuesday, with financials lagging, as uncertainty around President-elect Donald Trump‘s policies grew. “It’s not about proposals anymore … but what are they going to do,” said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management. “I think investors are at a pause trying to…
Reuters: Wall St. Falls As Oil Prices Tumble To Seven-Month Lows
Tuesday, June 20, 2017 U.S. stocks fell in late morning trading on Tuesday, slipping from record levels, as a sharp drop in oil prices squeezed energy stocks and a rebound in tech stocks petered out. Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has…
Adam in @Barrons: Stock Market Reverses to 1.4% Gain
The major indexes nearly reached bear territory before soaring. By: VITO J. RACANELLI January 23, 2016 Stocks finished more than 1% higher last week, but not before investors were treated to the market’s version of the Coney Island Cyclone, a ride equal parts thrilling and frightening. The scary nadir was reached Wednesday, when the two major…