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Archive US: Trading

  • TORONTO, Feb 23- Canada's main stock index fell to a 10- day low on Thursday as financial and industrial shares pared recent gains, while the materials group lost ground as base metal prices slumped. The Toronto Stock Exchange's S&P/TSX composite index closed down 49.02 points, or 0.31 percent, at 15,781.20, its lowest close since Feb. 13. The materials group, which...

  • Feb 23- U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States. At a meeting with about two dozen chief executives, Trump said he plans to bring millions of jobs back to the United States, without revealing a specific...

  • *OPEC/ non- OPEC show 86 pct compliance with cuts in Jan- sources. NEW YORK, Feb 23- Oil prices rose on Thursday but gains were pared after U.S. government data showed a seventh straight build in crude stocks, suggesting high inventories could undermine OPEC's move to cut output. OPEC and producers including Russia aim to cut production by around 1.8 million barrels...

  • NEW YORK, Feb 23- Stock prices climbed to record highs worldwide for a third straight session on Thursday, propelled by an oil rally after a surprise drop in U.S. crude inventories and comments from U.S. Treasury and euro zone government bond yields declined as European Central Bank policymakers also signalled they were not getting carried away by signs the euro...

  • Robert Shiller on the market

    Yale professor of economics Robert Shiller discusses valuations, regulations and Trump with Brian Sullivan.

  • Buy these two S&P losers?

    While many stocks are hitting record highs, TripAdvisor and L Brands are at multi-year lows. Ari Wald of Oppenheimer and Eddy Elfenbein of Crossing Wall Street discuss with Brian Sullivan.

  • Trader’s deep dive into where stocks are headed next

    Todd Gordon takes a close look at long-term stock market charts.

  • Feb 23- U.S. stocks were buoyed on Thursday by gains in the energy sector and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States. Trump is scheduled to address a joint session of Congress on Feb. 28. "The market is willing to hang in there, so to speak, for now, waiting on it," said JJ Kinahan,...

  • CHICAGO— Grain futures were higher Wednesday in early trading on the Chicago Board of Trade. Wheat for March delivery was 1.40 cents lower at $4.3960 a bushel; March corn was down. 40 cents at $3.7040 a bushel; March oats was up. 20 cent at $2.5260 a bushel while March soybeans lost 6.20 cents to $10.1640 a bushel. February live cattle was 1.55 cent higher at $1.2285 a...

  • NEW YORK, Feb 23- Global stock prices posted record highs for a third straight session on Thursday, propelled by an oil rally after a surprise drop in U.S. crude inventories and comments by U.S. Treasury Secretary Steven Mnuchin about pursuing significant tax reform. This outlook for policy accommodation lifted gold prices to a three-month high near $1,250 an...

  • TORONTO, Feb 23- Canada's main stock index rose on Thursday as energy company stocks were boosted by gains in oil prices, while higher prices for bullion lifted shares of gold miners. The energy group climbed 1.3 percent, as oil prices rose more than $1 a barrel after U.S. data showed a surprise decline in inventories, suggesting a global glut may be ending after...

  • NEW YORK— Stocks wobbled Thursday as investors changed course and tempered their expectations for faster economic growth. Industrial companies, which have surged over the last few months, finished lower as Wall Street focused on gold, bonds, and companies that pay big dividends. Industrial companies have made big gains since November as investors expect the...

  • *Mnuchin says expects significant tax reform. *Boston Scientific drops on heart device recall, rival up. Feb 23- The S&P 500 and the Dow Jones Industrial Average hit record intraday highs on Thursday as a rally in oil prices added to optimism about U.S.

  • NEW YORK— The latest on developments in financial markets:. Steel dropped 8 percent and heavy machinery maker Caterpillar gave up 2.7 percent. The Russell 2000 index, which tracks small-company stocks, dropped 9 points, or 0.7 percent, to 1,394..

  • Feb 23- U.S. stocks looked set to open near record highs on Thursday as a rally in oil prices added to rising optimism about U.S. Treasury Secretary Steven Mnuchin told CNBC on Thursday that he expected a "very significant" tax reform to be enacted by Congress' August recess. "There is an incremental buy on the market everyday," said Drew Forman, co-head of sales and...

  • *Asia ex- Japan, Nikkei slip after Wall Street's mixed performance. SINGAPORE, Feb 23- Asian stocks pulled back from a 19- month high on Thursday, while the dollar tried to steady from losses suffered in the wake of the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan was fractionally lower.

  • DENVER _ QEP Resources Inc. on Wednesday reported a loss of $133.3 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share. QEP Resources shares have dropped roughly 8 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 5.5 percent.

  • FT WORTH, Texas _ Range Resources Corp. on Wednesday reported a loss of $160.7 million in its fourth quarter. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. Range Resources shares have decreased 13 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 5.5...

  • *Global stocks retreat from record high. NEW YORK, Feb 22- Global stocks pulled back from record highs on Wednesday while the dollar declined after minutes from the U.S. The perceived less hawkish tone of the Fed's record of the Jan. 31- Feb. 1 policy meeting helped lift gold and U.S. bonds from negative territory.

  • NEW YORK, Feb 22- The S&P 500 ended modestly weaker on Wednesday, holding losses after minutes from the Federal Reserve's last meeting kept alive a potential near-term interest rate hike, while DuPont shares helped the Dow close at an all-time high for a ninth straight session. The major U.S. indexes are trading around record highs, driven up since President...