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Archive US: Trading

  • Fed speakers and oil’s bounce: Three ways you could make money on Friday

    Chad Morganlander, Washington Crossing Advisors portfolio manager, breaks down three key catalysts he is watching for Friday.

  • SANTA CLARA, Calif. _ Applied Materials Inc. on Thursday reported fiscal second-quarter profit of $824 million. For the current quarter ending in August, Applied Materials expects its per-share earnings to range from 79 cents to 87 cents. Applied Materials shares have climbed 36 percent since the beginning of the year, while the Standard& Poor's 500 index has...

  • DUBLIN, Calif. _ Ross Stores Inc. on Thursday reported fiscal first-quarter profit of $321 million. Ross Stores expects full-year earnings to be $3.07 to $3.17 per share. Ross Stores shares have decreased almost 7 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 6 percent.

  • Trader bets on another bounce for Apple

    Todd Gordon of TradingAnalysis.com sees another bounce for tech giant Apple.

  • What the D.C. drama really means for investors

    Nicholas Colas of Convergex discusses political travails and the market with Eric Chemi.

  • Making sense of the market calm

    After a big Wednesday drop, stocks are enjoying a calm Thursday. Chad Morganlander of Washington Crossing Advisors and Stacey Gilbert of Susquehanna discuss with Eric Chemi.

  • NEW YORK, May 18- U.S. They are taking their cue from that, "said Lou Brien, a market strategist at DRW Trading in Chicago, adding that markets are trading very nervously. Yields on benchmark 10- year notes fell to 2.18 percent overnight, the lowest since April 19, after Reuters reported that Michael Flynn and other advisers to Trumps campaign were in contact with...

  • May 18- U.S. stocks rose as upbeat economic data emboldened investors to return to the market on Thursday, a day after Wall Street suffered its worst selloff in eight months following a political turmoil involving President Donald Trump. Wall Street rebounded after the Philadelphia Federal Reserve said its business activity index unexpectedly rose in May...

  • NEW YORK, May 18- Stocks rose on Wall Street on Thursday, capping a wave of declines in major world equity markets triggered by uncertainty over U.S. The Justice Department on Wednesday named former FBI chief Robert Mueller as special counsel to investigate alleged Russian interference in the 2016 U.S. election and possible collusion between Trump's campaign...

  • May 18- U.S. stocks rose as upbeat economic data emboldened investors to return to the market on Thursday, a day after Wall Street suffered its worst selloff in eight months following a political crisis involving President Donald Trump. Wall Street rebounded after the Philadelphia Federal Reserve said its business activity index unexpectedly rose in May...

  • *Same-store sales down 12 pct vs est 6.5 pct. May 18- Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores as fewer customers visited its stores, sending the company's shares down 3 percent to levels last seen during the financial recession. That contributed to a 16.3 percent fall in overall sales to $1.57 billion, also hurt...

  • The rally came a day after the market's worst drop since September as political tumult deepened in Washington, stoking worries among investors that President Donald Trump may have trouble enacting tax cuts and other business-friendly policies. "People may be wanting to put money to work in stocks, but the bonds they bought yesterday, they're still going to...

  • CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for July delivery was 2.60 cents lower at $4.2420 a bushel; July corn was down 6.20 cents at $3.6520 a bushel; July oats was down 2.20 cents at $2.3320 a bushel while July soybeans lost 25.20 cents to $9.5040 a bushel. June live cattle was. 80 cent lower at $1.2165 a pound; May...

  • *Weekly jobless claims fall more than expected. May 18- U.S. stocks edged up slightly on Thursday as investors sought bargains a day after the market slumped following a scandal that cast a shadow over Donald Trump's presidency and the future of his ambitious pro-growth agenda. "I would anticipate that the markets flatten out and start to rise a little bit maybe...

  • AT&T and Verizon each rose 1.3 percent Thursday. Wal-Mart Stores rose 3.2 percent and L Brands climbed 2.7 percent after both reported better earnings than analysts were expecting. Wal-Mart Stores rose 2.7 percent and L Brands climbed 3.5 percent Thursday after both companies reported better earnings than analysts were expecting.

  • *Canadian dollar at C $1.3613, or 73.46 U.S. cents. TORONTO, May 18- The Canadian dollar edged lower on Thursday against its U.S. counterpart as oil prices fell, while political uncertainty in Washington weighed further on stocks. signs that the market remained well supplied with crude despite efforts by the Organization of the Petroleum Exporting Countries and...

  • *Trump woes mount after report on aides' Russia contacts. LONDON, May 18- Swirling uncertainty over U.S. Europe's bourses dropped between 0.8 and 1.3 percent as the selling pressure built again and Wall Street was expected to open down as much as 0.5 percent, having suffered its biggest thumping in over eight months on Wednesday.

  • *Trump woes mount after report on aides' Russia contacts. LONDON, May 18- Swirling uncertainty over U.S. Europe's bourses dropped between 0.8 and 1.3 percent as the selling pressure built again and Wall Street was expected to open down as much as 0.5 percent, having suffered its biggest thumping in over eight months on Wednesday.

  • *Trump woes mount after report on aides' Russia contacts. LONDON, May 18- Swirling uncertainty over U.S. Asian stocks fell sharply after Wall Street suffered its worst day in over eight months overnight and Europe's main bourses dropped between 0.8 and 1.3 percent as the selling momentum built again.

  • LONDON, May 18- European shares dropped to two-week lows on Thursday as political upheaval in Washington D.C. continued to weigh, though deal-making activity and earnings updates kept the region's outperformance against global peers intact. The pan-European STOXX 600 0.9 percent, while Germany's DAX retreated 0.8 percent and Britain's FTSE 100 dropped 1.3...