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Reuters: Wall Street higher on financials; Brent slides
Markets | Mon Dec 21, 2015 11:42am EST Financial stocks led a cheerful start to the Christmas holiday week for the U.S. stock markets, rebounding from two days of losses, with investors taking in stride a slide in crude prices. Trading volumes are expected to be relatively light this week, with stock markets operating a…
Reuters Quote: Dollar slips, stocks up slightly after soft U.S. data
NEW YORK | BY CAROLINE VALETKEVITCH Markets | Wed May 13, 2015 2:27pm EDT The dollar index hit its lowest in more than three months while global stock indexes inched up on Wednesday as weaker-than-expected U.S. retail sales bolstered confidence the Federal Reserve will hold off raising rates soon. The S&P 500 was near flat…
Sarhan in CNBC: Dow tops 18K as stocks surge more than 1% ahead of Brexit vote results
Thursday 6.23.16 4pm EST U.S. stocks closed higher Thursday as pound sterling held near year-to-date highs against the greenback, following increased expectations that the U.K. will vote to remain in the European Union. Stocks neared session highs with about 10 minutes to the close. The Dow Jones industrial average added more than 200 points.Goldman Sachs…
Adam Sarhan IBTimes.com Quote: BlackBerry Passport? New Yorkers Say 'Fuhgeddaboudit'
Can BlackBerry Win Back Customers? By Jessica Menton on September 26 2014 5:54 PM There could be some hope for struggling smartphone maker BlackBerry, which posted better than expected earnings Friday. The company narrowed losses to $207 million, compared to $965 million a year ago. BlackBerry’s efforts to impress business users with its Passport smartphone appear to be…
CNBC Quote: Stocks Rally But Goldman Weighs on Dow; Earnings in Focus
U.S. stocks traded higher on Thursday as investors focused on earnings beats amid progress towards near-term resolution in the Greek debt crisis. ( Tweet This ) “Earnings are continuing to play a bigger role,” said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management. “Financials (had) pretty positive results. At the same…
WSJ: Speculators Spark Surge in Cotton Prices, Upending Mills and Merchants
Rapid increase in cotton prices may force some cotton users to cancel sales or pay up for the fiber May 15, 2017 7:38 p.m. ET Cotton futures have jumped 12% over three sessions, throwing the finances of textile mills and fiber merchants around the globe into disarray. Speculators have been driving up the price, analysts…