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Adam Sarhan Reuters Quote: Wall St Week Ahead-Dollar's rally bad news for oil, multinationals
Fri, Sep 19 2014 By Akane Otani NEW YORK, Sept 19 (Reuters) – The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. The greenback’s recent gains have lifted the dollar index – a measure of the…
CNBC: Dow closes above 17K for first time since August
By: Evelyn Cheng U.S. stocks closed higher Thursday, with the Dow and S&P above key psychological levels, as investors digested the Federal Reserve’s September meeting minutes. “I think the combination of oil (gains) and the Fed minutes have lifted the indices here,” said Peter Cardillo, chief market economist at Rockwell Global Capital, noting the minutes…
Adam Sarhan Reuters Quote: Gold
By Frank Tang and Jan Harvey NEW YORK/LONDON | Mon Feb 27, 2012 3:48pm EST (Reuters) – Gold prices eased on Monday, as a weaker euro and oil’s retreat halted the metal’s attempt to test technical resistance at above $1,800 an ounce following last week’s sharp rally. Bullion was pressured by lingering economic uncertainty after leading economies told Europe…
Adam Sarhan Barron's Quote: Where’s the Beef?
Like This? Join Our Free Newsletter Here Higher Beef Prices Are Likely to Persist November 14, 2014 By Alexandra Wexler Bloomberg Commodity Indexes U.S. cattle futures have posted some of the biggest gains among commodities this year, and the rally looks to be far from over. The industry is struggling to recover from a severe…
Adam Sarhan Reuters Quote: METALS-Copper extends losses after Fed "Twists" again
Wed Jun 20, 2012 2:10pm EDT * Metals extend losses after Fed extends “Operation Twist” * Aluminium hits two-year low below $1,900 on supply glut * Coming up: China HSBC flash PMI for May By Chris Kelly and Harpreet Bhal NEW YORK/LONDON, June 20 (Reuters) – Copper ended down on Wednesday and fell further to…
CNBC: Stocks end mixed, off session highs; oil, geopolitics eyed
U.S. stocks closed narrowly mixed Tuesday, as some encouraging earnings reports offset pressure from declines in oil prices and continued geopolitical concerns. The major averages struggled to hold higher, giving up intraday gains that briefly took the S&P 500 into positive territory for the year and pushed the Dow Jones industrial average up more than…
