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Archive US: Trading

  • Nasdaq on historic win streak

    May is shaping up to be the winningest month for the Nasdaq in two decades, according to Bespoke. Boris Schlossberg of BK Asset Management and Craig Johnson of Piper Jaffray discuss with Brian Sullivan.

  • NEW YORK, May 24- U.S. stocks were volatile but still slightly higher on Wednesday after minutes of the Federal Reserve's latest meeting showed policymakers agreed they should hold off on raising rates until evidence a recent economic slowdown was transitory. Nearly all policymakers at the May 2-3 meeting also said they favored starting the winding down of...

  • NEW YORK, May 24- U.S. "People are hitting the pause button to get more clarity from the Fed," said Bill Merz, senior market strategist at U.S. Bank in Minneapolis. In the meantime, U.S. bond yields were pinned down by demand for low-risk assets in the wake of Moody's downgrade of China and the deadly suicide bombing in Manchester, England.

  • Trader explains why crude's run is almost done

    Todd Gordon of TradingAnalysis.com believes crude's comeback is nearing its end.

  • *Global shares mostly recover after China downgrade. NEW YORK, May 24- World stock markets recovered on Wednesday from initial losses after Moody's first credit downgrade of China in 30 years, with investors turning their attention to U.S. Asia stocks and emerging markets initially skidded after Moody's Investors Service's downgraded China, cutting its...

  • Treasury yields held steady on Wednesday, underpinned by demand for low-risk assets in the wake of Moody's downgrade of China and the deadly suicide bombing in the English city of Manchester. Investors were cautious ahead of a $34 billion sale of a new five-year Treasury notes at 1 p.m. EDT, followed by the Federal Reserve's release of its minutes from its May 2-3...

  • EPS 72 cents vs. est. of 70 cents. Analysts polled by Consensus Metrix expected a 0.5 percent drop in the Americas and a growth of 1.3 percent in the Asia-Pacific region in the first quarter ended April 30. "Mainland China was very strong, but other parts of China were weaker and Macau and Hong Kong have been struggling now for a little while," Yarbrough added.

  • NEW YORK— U.S. stocks rose for the fifth consecutive day Wednesday as investors went on a late buying spree. Technology companies like TurboTax maker Intuit and materials companies including industrial gas company Praxair made some of the biggest gains. Officials discussed steps for shrinking the central bank's $4.5 trillion in bond holdings and Wall...

  • Trader breaks down three ways to make money this week

    Miller Tabak equity strategist Matt Maley breaks down three key market themes for Wednesday and the week ahead.

  • *Wall Street rises as Trump federal budget plan released. NEW YORK, May 23- Wall Street rose on Tuesday as investors were relieved by the release of President Donald Trump's budget proposal and oil prices inched up in spite of a White House proposal to sell half the country's petroleum reserves. "People will keep an eye on any sort of indication of corporate tax...

  • May 23- Wall Street ended higher on Tuesday after the release of President Donald Trump's budget plan but gains were tempered by declines in consumer discretionary stocks amid weakness in auto-parts companies. While Tuesday's economic data was weak, investors were relieved Trump's first full budget plan was largely as expected, even if it is not expected to...

  • Wells Fargo’s dour call on stocks

    Scott Wren, senior global equity strategist at the Wells Fargo Investment Institute, discusses the next move for the market with Brian Sullivan.

  • *Wall Street stock prices reduce demand for Treasuries. NEW YORK, May 23- U.S. Wall Street stock prices rebounded further on Tuesday from last week's lows as investors seemed relieved that U.S.

  • Strange signal from the options market

    A rare event in the options market is drawing the attention of strategists. Stacey Gilbert of Susquehanna and Matt Maley of Miller Tabak discuss with Brian Sullivan.

  • *Wall Street rises as Trump federal budget plan released. *Sterling subdued after Manchester attack. NEW YORK, May 23- Oil prices inched up on Tuesday on expectations of a supply cut, and Wall Street ticked higher as a U.S. federal budget proposal called for slashing healthcare programs and boosting military spending.

  • It's time to bet against this big bank: Trader

    Todd Gordon of TradingAnalysis.com is betting against one big bank as financials keep lagging.

  • May 23- Wall Street edged higher in early afternoon on Tuesday, but stayed in a tight trading range, as a boost from financial stocks was tempered by a drop in consumer discretionary and tech stocks. But that recovery stuttered on Tuesday as investors assessed the details of President Donald Trump's first full budget plan as well as some weak economic data.

  • NEW YORK, May 23- U.S. Treasury yields rose modestly on Tuesday as some investors and dealers made room for $26 billion of two-year notes, the first part of this week's $88 billion in coupon-bearing government bond supply. "We are just chopping around sideway," said Blake Gwinn, U.S. rates strategist with NatWest Markets in Stamford, Connecticut.

  • *Wall Street rises as Trump federal budget plan released. *Euro dips; sterling subdued after Manchester attack. NEW YORK, May 23- Shares climbed across the euro zone on Tuesday after data showed robust growth, and Wall Street ticked higher as a U.S. federal budget proposal called for slashing healthcare programs and boosting military spending.

  • Consumer-focused companies like auto parts retailers and homebuilders are down, and auto parts companies are falling after weak results from AutoZone. The Russell 2000 index of small-company stocks also turned higher and gained 5 points, or 0.3 percent, to 1,381.. That helped bank stocks including JPMorgan Chase, which gained 95 cents, or 1.1 percent, to $85.66,...