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CNBC Quote: Nasdaq dips 2%, Dow near 6-month low as consumer discretionary falls
By, Evelyn Cheng @chengevelyn U.S. stocks fell nearly 1 percent or more on Thursday as renewed declines in oil weighed on investor sentiment amid a slew of earnings releases and Friday’s key employment report. The major averages extended losses after the S&P 500 broke through a key level of 2,087 that many analysts were watching. Art…
Reuters Quote: Q1 2011 Global Macro Recap
“I think at this point, the market deserves the bullish
benefit of the doubt,” said Adam Sarhan at New York-based
financial advisory Sarhan Capital.
“You have a nuclear threat in Japan, instability in
oil-producing countries, debt panic in Ireland and other
periphery countries in Europe, and yet the market doesn’t come
down.”Reuters Asked Adam About The Stock Market
US STOCKS-Wall St extends losses as financial stocks weigh * Yellen to speak at award presentation at 2:30 p.m. ET * U.S. 10-year treasury yields hit two-week lows * Valeant surges on better-than-expected profit * Priceline, TripAdvisor fall on weak forecasts Nov 7 (Reuters) – Wall Street added to losses in early afternoon trading on…
Adam Sarhan Wall Street Journal Quote: Raw Sugar Drops to 28-Month Low
By LESLIE JOSEPHS December 12, 2012, 3:33 p.m. ET NEW YORK—A surprise increase in sugar output from top producer Brazil sent futures prices for the sweetener down to a 28-month low. Raw sugar for March delivery on ICE Futures U.S. dropped 1.8% to settle at 18.54 cents a pound, the lowest settlement since Aug. 11, 2010….
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…
Reuters: Wall Street ends slightly up, helped by materials shares
Markets | Thu Feb 4, 2016 3:32pm EST The S&P 500 and Nasdaq edged lower in choppy trading Thursday after disappointing forecasts from retailers and as investors braced for Friday’s monthly jobs report. Consumer-related shares were among the biggest losers in the S&P 500 after Ralph Lauren (RL.N) and Kohl’s (KSS.N) retailers warned of a…
