Archive US: Trading

  • Sept 23- Wall Street retreated on Friday as lower oil prices weighed on energy shares and Facebook and Apple declined, but major indexes still posted gains for the week. Oil prices tumbled 4 percent on signs Saudi Arabia and Iran were making little progress on a bilateral agreement ahead of talks by crude exporters aimed at freezing production.

  • CHICAGO, Sept 23- Shares of Caesars Entertainment Corp slid on Friday as creditors thrashed out the terms of a sweetened $5 billion deal that could finally extract the casino company from a costly bankruptcy. The company's main operating unit, Caesars Entertainment Operating Corp Inc, or CEOC, filed for bankruptcy in January 2015. The latest offer from Caesars...

  • Investing playbook for the presidential debate

    How might the first presidential debate affect the market? Nicholas Colas of Convergex and Max Wolff of Manhattan Venture Partners discuss with Seema Mody..

  • Goldman’s bold healthcare call

    Are healthcare stocks set to have a volatile October? Nicholas Colas of Convergex and Max Wolff of Manhattan Venture Partners discuss with Seema Mody.

  • Where did the fear go?

    Volatility expectations have slid recently. Nicholas Colas of Convergex and Max Wolff of Manhattan Venture Partners discuss with Seema Mody.

  • SAN FRANCISCO, Sept 23- Who becomes the next U.S. president will be a primary focus for Wall Street next week and beyond, starting on Monday with the first debate between candidates Hillary Clinton and Donald Trump. While the White House race has so far had little discernible effect on the market, that may soon change as polls show a tightening race.

  • NEW YORK— U.S. stock indexes closed moderately lower on Friday following three days of gains. Several technology stocks traded heavily, including Yahoo, Twitter and Facebook. Energy stocks fell along with a steep decline in the price of oil.

  • Sept 23- Wall Street retreated on Friday as lower oil prices weighed on energy shares and Facebook and Apple declined, but major indexes still posted gains for the week. Oil prices tumbled 4 percent on signs Saudi Arabia and Iran were making little progress in achieving agreement ahead of talks by crude exporters aimed at freezing production.

  • NEW YORK, Sept 23- Oil prices tumbled on Friday following signs that Saudi Arabia and Iran continue to disagree over output limits ahead of a meeting next week aimed at freezing production, while energy shares weighed on global stock indexes. Sources said Saudi Arabia did not expect a decision in Algeria, where the Organization of the Petroleum Exporting...

  • *Wall Street stocks fall underpins safe-haven bids for bonds Traders cautious ahead of supply, U.S. presidential debate. Treasury prices rose on Friday with benchmark yields hitting two-week lows as a result of safe-haven demand for bonds due to losses in Wall Street stocks. "With the two major monetary policy events behind us, it should be calm for awhile," John...

  • CHICAGO, Sept 23- U.S. soybean futures fell 2.1 percent to a one-week low on Friday on reports of big harvest yields and heavy farmer sales on the cash market, traders said. Chicago Board of Trade soft red winter wheat futures weakened as traders said ample global supplies were likely to blunt the impact of India's decision to slash its import tax on the grain.

  • Sept 23- Wall Street pulled back on Friday as lower oil prices weighed on energy shares and tech giants Facebook and Apple declined, although major indexes were still on pace to end the week higher. Oil prices tumbled about 4 percent on signs Saudi Arabia and Iran were making little progress in achieving agreement ahead of talks by crude exporters aimed at...

  • CHICAGO, Sept 23- Shares of Caesars Entertainment Corp slid on Friday, a day after hitting a 16- month high, as investors awaited a midnight deadline for creditors to accept a sweetened $5 billion deal that could finally extract the casino company from a costly bankruptcy. The company's main operating unit, Caesars Entertainment Operating Corp Inc, or CEOC, filed...

  • NEW YORK, Sept 23- Oil prices fell sharply on Friday following a report that Saudi Arabia did not expect a deal at talks by major crude exporters next week aimed at freezing output and reining in a global glut, while world stock indexes edged lower. Traders cited a Bloomberg report that Saudi Arabia did not expect a decision at Algiers, where the biggest oil...

  • As winter approaches, trader Todd Gordon thinks natural gas is headed towards a “potential technical breakout.”

  • *All three major indexes on track to end week higher. Sept 23- Wall Street was lower in early afternoon trading on Friday as investors assess valuations after a three-day rally spurred by optimism that the Federal Reserve will hold off from raising interest rates in the near term. "The market is taking a bit of a breather after a strong week," said Mike Bailey, director...

  • *No further cuts seen from Bank of England this year. LONDON, Sept 23- Global bond yields will rise modestly and spikes in volatility could be more commonplace in the coming years as loose central bank policy loses its potency, Pimco's bonds CIO said on Friday. Federal Reserve would raise interest rates, and that the Bank of England would not have to cut rates again...

  • *All three major indexes on track to end week higher. Sept 23- Wall Street was lower in late morning trading on Friday as investors assess valuations after a three-day rally spurred by optimism that the Federal Reserve will hold off from raising interest rates in the near term. "The market is taking a bit of a breather after a strong week," said Mike Bailey, director of...

  • CHICAGO, Sept 23- U.S. soybean futures fell 1.9 percent to a one-week low on Friday on reports of big harvest yields and heavy farmer sales on the cash market, traders said. Wheat futures weakened as traders said ample global supplies were likely to blunt the impact of India's decision to slash its import tax on the grain. At 10:08 a.m. CDT, Chicago Board of Trade...

  • "The market is worried about possible volatility from supply and the presidential debate," said Aaron Kohli, interest rate strategist with BMO Capital Markets in New York. The U.S. Treasury Department will sell $26 billion in two-year notes, $34 billion in five-year debt and $28 billion in seven-year notes next week. With polls suggesting a tightening U.S....