CNBC Franchise Archive US: Trading

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  • Strong company earnings, oil recovery send stocks higher Wednesday, 3 Feb 2016 | 12:13 AM ET

    KEEPING SCORE: France's CAC 40 inched down 0.2 percent to 4,276.23 and Germany's DAX was down 0.7 percent at 9,513.72 in early trading. Britain's FTSE 100 slipped 0.4 percent to 5,899.64. Two days of sharply weaker oil prices have refocused share markets on the potential problems flowing from the bear market in oil, "said Ric Spooner, chief analyst at CMC Markets...

  • SINGAPORE, Feb 3- Oil futures extended losses into a third session in Asian trade on Wednesday, as U.S. crude stocks last week surged to more than half a billion barrels and as Iran plans to boost exports from March. Brent for April delivery had dropped 25 cents to $32.47 a barrel as of 0204 GMT, after settling down $1.52, or 4.4 percent. Prices are going to zig-zag for a...

  • Shares of Exxon fell 2.2 percent to $74.59 after the oil major reported its smallest quarterly profit in more than a decade, forecast a 25- percent drop in capital spending from 2015 levels and suspended share repurchases. It's a good indication that one more large oil company is not seeing an improvement in the environment, "said Michael O'Rourke, chief market...

  • NEW YORK— Another steep drop in the price of oil weighed on global markets Tuesday. Investors remained deeply concerned about the global economy following this week's disappointing Chinese and U.S. manufacturing data. The Dow Jones industrial average fell 295.64 points, or 1.8 percent, to 16,153.54.

  • In the first hour of trading on Aug. 24, concerns over the health of China's economy led to sharp price moves that triggered more than 1,000 trading halts in hundreds of stocks and exchange-traded funds, according to the SEC. Some retail investors ended up getting worse prices than they otherwise would have, said Stacey Cunningham, chief operating officer of...

  • Exxon and UBS are big market movers Tuesday, 2 Feb 2016 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq stock market:. Exxon Mobil Corp., down $1.70 to $74.59. UBS Group AG, down $1.29 to $15.23.

  • GLOBAL MARKETS-Stocks slide as oil prices dive again Tuesday, 2 Feb 2016 | 4:23 PM ET

    *U.S. crude settles below $30/ barrel. NEW YORK, Feb 2- U.S. and European stock indexes fell sharply on Tuesday and buyers sought safe-haven government bonds after another tumble in depressed oil prices. Benchmark Brent crude settled down 4.4 percent, while U.S. crude fell 5.5 percent, settling below $30 a barrel.

  • Is oil's market influence waning? Tuesday, 2 Feb 2016 | 3:51 PM ET
    Is oil's market influence waning?

    The Canadian dollar may be sending a powerful message about crude oil’s importance for markets. Boris Schlossberg and Phillip Streible discuss with Brian Sullivan.

  • Shares of Exxon fell 2.3 percent to $74.54 after the oil major reported its smallest quarterly profit in more than a decade and forecast a 25- percent drop in capital spending from 2015 levels. Brent oil and U.S. crude fell as hopes faded for a deal between OPEC and Russia on output cuts. "The fact that slashed capex so much is an indication that another oil company is...

  • The bond market's economic signal Tuesday, 2 Feb 2016 | 3:18 PM ET
    The bond market's economic signal

    Boris Schlossberg of BK Asset Management and Phillip Streible of RJO Futures discuss Treasurys with Brian Sullivan.

  • Trading Nation: Go for the gold? Tuesday, 2 Feb 2016 | 3:07 PM ET
    Trading Nation: Go for the gold?

    Phillip Streible, RJO Futures, and Boris Schlossberg, BK Asset Management, discuss the attractive value in gold.

  • *U.S. crude settles below $30/ barrel. NEW YORK, Feb 2- U.S. and European stock indexes fell sharply on Tuesday and buyers sought safe-haven government bonds after another tumble in depressed oil prices. Benchmark Brent crude settled down 4.4 percent, while U.S. crude fell 5.5 percent, settling below $30 a barrel.

  • *Shares in New York, Milan fall to record lows. Ferrari's New York- listed shares fell more than 14 percent to their lowest since the maker of red cars with the prancing horse logo was listed on Wall Street last October. On a conference call with analysts, the company said it expects this year's growth to come primarily from the United States and Europe, its two main...

  • Business events scheduled for Wednesday Tuesday, 2 Feb 2016 | 1:19 PM ET

    WASHINGTON— Institute for Supply Management releases its service sector index for January, 10 a.m. Eastern. Comcast Corp. reports earnings before the market open. General Motors Co. reports earnings before the market open.

  • Feb 2- U.S. stocks extended their selloff in early afternoon trading on Tuesday as falling oil prices heightened concerns regarding the health of the global economy and investors sought safer investments. Brent oil fell nearly 6 percent, while U.S. crude briefly slid below $30 per barrel, as hopes for a deal between OPEC and Russia on output cuts faded.

  • US STOCKS-Wall St dips as oil extends selloff Tuesday, 2 Feb 2016 | 11:35 AM ET

    Feb 2- Wall Street was sharply lower on Tuesday as falling oil prices heightened concerns regarding the health of the global economy and investors sought safer investments. Brent oil fell more than 5 percent, while U.S. crude briefly slid below $30 per barrel, as hopes for a deal between OPEC and Russia on output cuts faded. "We still haven't broken the correlation...

  • NEW YORK, Feb 2- Oil prices fell more than 3 percent on Tuesday amid worries about demand, renewing pressure on global equities and boosting buying of safe-haven U.S. government bonds. U.S. crude prices slipped below $30 a barrel before recovering somewhat as hopes for a deal between OPEC and Russia on output cuts faded. "People want to see stability in that market...

  • Grain mixed, livestock mixed Tuesday, 2 Feb 2016 | 10:38 AM ET

    CHICAGO— Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for March delivery was 2.50 cents higher at $4.7760 a bushel; March corn was 1.25 cents lower at $3.70 a bushel; March oats were 1 cent higher at $1.9820 a bushel; while March soybeans was. 50 cent lower 8.80 a bushel. April live cattle was. 15 cent higher at $1.3458 a pound;...

  • NEW YORK— Another steep drop in the price of oil weighed on global markets Tuesday. Energy stocks fell as oil giants Exxon Mobil and Chevron reported their worst quarterly results in more than a decade. On Monday, the Institute for Supply Management said its gauge of factory activity pointed to a contraction while China's official survey found that...

  • *Alphabet surpasses Apple as most valuable US company. Feb 2- Wall Street opened lower on Tuesday as falling oil prices weighed on energy shares. Oil prices were down 5 percent as hopes for a deal between OPEC and Russia on output cuts faded with Goldman Sachs saying it was "highly unlikely."