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Adam Sarhan Reuters Quote- Global Stocks: Stocks rise after China cuts rates; gold tumbles
By Wanfeng Zhou NEW YORK | Thu Jun 7, 2012 8:06pm IST (Reuters) – World stocks and the euro pared gains on Thursday after Federal Reserve Chairman Ben Bernanke said the U.S. central bank was ready to shield the economy if financial troubles mount but offered few hints that further monetary stimulus was imminent. Bernanke told a…
Reuters Quote: Palladium's "golden cross" signals near-term gains
TECHNICAL-Palladium’s “golden cross” signals near-term gains 3:17pm EST * Palladium up 3 pct in 2013, lone gainer in precious metals * “Cross” seen bullish on prices in next 3-6 months -analyst * Open interest in U.S. futures near 1-1/2 year high * Has met strong resistance at $780 six times in 2013 By Frank Tang NEW…
Reuters Quote: Gold Falls On Techincals, Options Selling
By Frank Tang NEW YORK (Reuters) – Gold fell in light holiday trade on Tuesday as technical weakness, options-related selling and a lack of fresh economic news failed to stimulate buying interest in the final week of the year. Selling related to the expiration of U.S. January gold options, which weighed on bullion despite rallies in…
Reuters: US STOCKS-Tech, consumer discretionary stocks drag down Wall St
Thursday May 11, 2017 * Macy’s profit plunges, drags down retail stocks * Snap Inc sinks on disappointing revenue, user growth * Weekly jobless claims fall to 236,000 – report * Indexes down: Dow 0.19 pct, S&P 0.32 pct, Nasdaq 0.34 pct (Updates to open) By Yashaswini Swamynathan May 11 U.S. stocks were slightly lower…
Sarhan In Reuters: Trump rally sputters as energy, health stocks drag
Fri Nov 11, 2016 | 11:33am EST By Yashaswini Swamynathan A rally sparked by Donald Trump’s surprise victory in the U.S. presidential election, that also powered the Dow to a record high, sputtered on Friday as energy and healthcare stocks came under pressure. Investors scrambled to adjust their portfolios to benefit from Trump’s plans to…
CNBC: Stocks close mostly higher after Fed keeps rates unchanged, Apple surges 6%
Wednesday, February 1, 2017 U.S. equities closed mostly higher on Wednesday after the Federal Reserve kept interest rates unchanged, as was widely expected. The Dow Jones industrial average gained about 25 points, having risen more than 100 points earlier in the session, with Apple contributing the most gains. The S&P 500 rose less than 0.1…
