Archive US: Trading

  • TORONTO, Aug 26- Canada's main stock index edged higher in a seesaw session on Friday, led by financial and industrial stocks as investors raised bets for U.S. interest rate hikes this year after a speech by Federal Reserve Chair Janet Yellen. For the week, the Toronto Stock Exchange's S&P/TSX composite index fell 0.3 percent. Much of the fluctuation in the index on...

  • *Yellen, Fischer comments on rate hike hit Wall Street. NEW YORK, Aug 26- U.S. stocks closed lower in choppy trading and the U.S. dollar surged on Friday as investors grappled with the possible timing of an interest rate hike after comments from several Federal Reserve officials, including Chair Janet Yellen. "The Fed served notice that a rate hike is still a...

  • The presidential election could mean big things for these stocks

    Three industry groups could see big moves based on the outcome of the election, according to John Canally of LPL Financial. He discusses with Brian Sullivan.

  • Decline in cash return to be market’s ‘kryptonite’?

    US companies’ cash return levels are not sustainable, according to Aswath Damodaran. Nicholas Colas of Convergex and Larry McDonald of ACG Analytics discuss with Brian Sullivan.

  • NEW YORK, Aug 26- U.S. stocks ended modestly lower after a volatile session on Friday, having bounced between gains and losses as investors wrestled with the likely timing of a U.S. interest rate hike following comments from top Federal Reserve officials. The S&P 500 rose after Fed Chair Janet Yellen said the case for raising rates had strengthened but did not...

  • NEW YORK/ LONDON, Aug 26- Gold pared gains on Friday, while the dollar turned up and U.S. stocks fell, as investors struggled to decipher the timing of a U.S. interest rate increase following comments by Federal Reserve Chair Janet Yellen and other officials. Spot gold rallied 1.5 percent to $1,341.60 an ounce and the U.S. dollar index fell 0.6 percent after Yellen...

  • *Yellen, Fischer comments on rate hike hit Wall Street. NEW YORK, Aug 26- U.S. stocks gave up early gains in choppy trading on Friday, hurt by a surging U.S. dollar as investors grappled with the possible timing of an interest rate hike after comments from several Federal Reserve officials, including Chair Janet Yellen. "The Fed served notice that a rate hike is still a...

  • Here's a sector to watch if interest rates rise

    Todd Gordon of TradingAnalysis.com looks at the XLP ETF and predicts its next moves.

  • NEW YORK, Aug 26- U.S. stocks were lower in a choppy session on Friday, with stocks bouncing between gains and losses as investors grappled with the possible timing of a U.S. interest rate hike after comments from Federal Reserve officials, including Chair Janet Yellen. The S&P 500 rose as much as 0.7 percent in the wake of a speech by Yellen in Jackson Hole, Wyoming...

  • *Yellen, Fischer comments on rate hike hit Wall Street gains. NEW YORK, Aug 26- U.S. stocks gave up early gains in choppy trading on Friday, hurt by a surging U.S. dollar as investors grappled with the possible timing of an interest rate hike after comments from several Federal Reserve officials, including Chair Janet Yellen. "The dollar's reaction was almost...

  • Aug 26- Wall Street reversed course to trade lower on Friday afternoon after hawkish comments from Federal Reserve Vice Chair Stanley Fischer raised the specter of a rate hike as soon as next month. Fischer's comments came shortly after Fed Chair Janet Yellen said the case for increasing interest rates had strengthened, but did not indicate when the Fed would...

  • *Wall St gains as Yellen says rate-hike case strengthens. NEW YORK, Aug 26- U.S. equities gave up early gains on Friday, hurt by a surging U.S. dollar after Federal Reserve Chair Janet Yellen said that the case for raising U.S. interest rates has strengthened in recent months. "The dollar's reaction was almost instantaneous- it rallied pretty quickly off her hawkish...

  • NEW YORK, Aug 26- Oil prices were modestly higher on Friday in a volatile session, as traders reacted to comments from Fed Chair Janet Yellen and reports of missile activity in Saudi Arabia. Brent futures for October delivery rose 2 cents to $49.69 a barrel by 11:42 a.m. EDT. U.S. crude rose 20 cents to $47.53 per barrel, a 0.4 percent gain.

  • *U.S. dollar falls, Wall Street rises. NEW YORK/ LONDON, Aug 26- Gold extended gains above 1 percent on Friday, breaking a five-day streak lower after Federal Reserve Chair Janet Yellen said the case for raising U.S. interest rates has strengthened, although increases should be gradual. "After the initial Yellen headlined-induced stumble, gold has rallied...

  • *Yellen says case for rate hike has strengthened. Aug 26- Wall Street was higher on Friday morning after Federal Reserve Chair Janet Yellen said the case for raising U.S. interest rates has strengthened in recent months. Yellen, speaking before a gathering of global central bankers in Jackson Hole, Wyoming, did not indicate when the Fed would raise rates, but said...

  • *Yellen due to speak at 10:00 a.m. ET. Aug 26- Wall Street was higher on Friday morning, boosted by financial stocks, minutes before a speech by Federal Reserve Chair Janet Yellen that is expected to provide a clearer picture on when interest rates will be raised next. Yellen speaks before a gathering of global central bankers in Jackson Hole, Wyoming, at 10:00 a.m....

  • NEW YORK— The latest on developments in global financial markets:. Stocks ended mostly lower on Wall Street, giving up a modest gain from earlier in the day after Fed Chair Janet Yellen gave an upbeat assessment of the economy. Stocks were mostly lower on Wall Street at midday, giving up a modest gain following a generally upbeat assessment of the economy from Fed...

  • *Yellen to speak in Jackson Hole at 1400 GMT on Friday. LONDON, Aug 26- Gold edged higher on Friday as markets braced for a speech later in the session by Federal Reserve Chair Janet Yellen that could yield clues on the direction of U.S. interest rates. Spot gold was up 0.6 percent at $1,329.22 an ounce at 1321 GMT, while U.S. gold futures for December delivery were up...

  • Aug 26- Wall Street was set to open flat on Friday ahead of Federal Reserve Chair Janet Yellen's speech, with investors hoping for a clearer picture on the timing of the next interest rate hike. Yellen speaks before a gathering of global central bankers in Jackson Hole, Wyoming, at 10:00 a.m. ET. Wall Street has dropped about 0.5 percent since Monday, its steepest...

  • *Yellen to speak in Jackson Hole at 1400 GMT on Friday. LONDON, Aug 26- Gold edged higher on Friday as markets braced for a speech by Federal Reserve chair Janet Yellen later in the session, which is being closely watched for clues on the direction of U.S. interest rates. Spot gold was up 0.3 percent at $1,325.45 an ounce at 0930 GMT, while U.S. gold futures for December...