Archive US: Trading

  • *Employment report dims prospect of Fed rate hike. *S&P financials post biggest 1- day fall in 2 months. NEW YORK, June 3- Wall Street finished lower on Friday, led down by financial shares, after a surprisingly weak jobs report prompted doubts about the U.S. economy and its ability to sustain a near-term interest rate hike.

  • Is more pain in store for dollar?

    The dollar tumbled to a 3-week low following Friday's jobs report. Boris Schlossberg of BK Asset Management and Todd Gordon of TradingAnalysis.com discuss with CNBC's Susan Li.

  • Will the market repeat the past?

    CNBC's Susan Li and Louise Yamada Advisors founder, Louise Yamada, discuss the market's next move should a Fed rate hike occur.

  • Rich Ross of Evercore ISI believes that gold will rally again, especially with upcoming events that could happen this summer.

  • June 3- Financial stocks led Wall Street lower in early afternoon trading on Friday after shockingly weak nonfarm payrolls data for May raised doubts if the economy could withstand an interest rate hike in the near term. The U.S. Labor Department said payrolls increased by only 38,000 last month, the smallest gain since September 2010 and well below economists'...

  • June 3- Financial stocks led Wall Street sharply lower on Friday after much weaker-than-expected nonfarm payrolls data for May raised doubts if the economy was healthy enough to absorb an interest rate hike in the near term. The U.S. Labor Department said payrolls increased by only 38,000 last month, the smallest gain since September 2010 and well below...

  • *Slowest pace of job growth since Sept 2010. NEW YORK, June 3- U.S. and European shares, the dollar, oil and bond yields dived on Friday after data showed the slowest pace of U.S. job growth in more than five years, dashing most investors' expectations for a Federal Reserve interest rate hike later this month. U.S. non-farm payrolls rose by just 38,000 in May, the smallest...

  • SAO PAULO, June 3- Latin American stocks and currencies jumped on Thursday after U.S. job creation slowed sharply, allaying fears of a Federal Reserve rate hike as soon as this month. Comments by Fed officials including Chair Janet Yellen had led some traders to bet the U.S. central bank could take action at its June 14-15 policy meeting. The Fed could also delay the...

  • June 3- U.S. stocks dropped on Friday, led by banks, after much weaker-than-expected jobs data for May pointed to labor market weakness and raised doubts if the economy was healthy enough to absorb an interest rate hike in the coming months. The Labor Department said nonfarm payrolls increased by only 38,000 last month, the smallest gain since September 2010 and...

  • TOKYO, June 3- Japanese stocks rose on Friday morning, supported by gains on Wall Street and a sharp jump in index-heavy Fast Retailing after the clothing retailer posted strong monthly sales. Domestically, the focus will be on how the dollar-yen responds to key events in coming weeks, including Fed policy, the Bank of Japan's rate review this month and the June 23...

  • NEW YORK, June 2- Wall Street closed slightly higher on Thursday as fresh data gave a rosier view of the economy and further gains for healthcare shares countered declines in energy names. Investors now await Friday's payrolls report as they evaluate economic data to determine whether the Federal Reserve will hike interest rates as soon as its June 14-15...

  • Visa is headed up, here's how to play the stock: Trader

    Todd Gordon of TradingAnalysis.com predicts that Visa will continue climbing and gives his trade.

  • The one stock that Goldman loves but Wall Street hates

    NVIDIA is the best performing tech stock on the S&P 500. Dennis Davitt of Harvest Volatility Advisors and Rich Ross of Evercore ISI discuss why it is both loved, and avoided, with Dominic Chu.

  • Will the jobs report help the market break out, or break down?

    Friday's job report could move the markets. Dennis Davitt of Harvest Volatility Advisors and Rich Ross of Evercore ISI discuss where the market could go with Dominic Chu.

  • NEW YORK, June 2- U.S. stocks edged higher on Thursday as another positive day for healthcare shares countered declines in tech and energy names and investors girded for the payrolls report on Friday. Investors are evaluating economic data to determine whether the Federal Reserve will hike interest rates as soon as its June 14-15 meeting.

  • *U.S. crude inventory data offsets OPEC impact. June 2- U.S. stocks were lower in afternoon trading on Thursday, having clawed back most of their losses after crude oil prices turned course to trade higher. Crude had dropped about 2 percent earlier on OPEC's failure to reach a deal to freeze output.

  • *US crude inventory data helps dilute OPEC impact. Oil prices had dropped about 2 percent earlier after the OPEC failed to reach a deal to freeze output, but the U.S. inventory data helped pare back losses to a fall of about 0.5 percent. "The bulk of the important data is going to be coming out tomorrow so markets tend to get relatively quiet, going into the sideways mode...

  • Treasury debt yields fell on Wednesday, spooked by weakness in global stock markets and persistent concerns about Britain's future in the European Union. Tom Digaloma, managing director at Seaport Global in New York, said Treasuries were particularly well-bid in Tokyo overnight due to the general weakness in the Japanese stock market.

  • *OPEC keeps oil output policy unchanged. June 2- U.S. stocks fell on Thursday morning, weighed down by a fall in Apple as well as a drop in energy companies after OPEC failed to agree on output policy. The European Central Bank kept its negative interest rates unchanged and President Mario Draghi said inflation would likely remain very low or negative in the next few...

  • *Oil recovers from lows on hopes for OPEC meeting output cut. Oil prices ended lower but recovered from the day's worst levels after OPEC sources said the group will likely consider a production curb at its meeting on Thursday in Vienna. Global manufacturing activity remained stuck in a rut last month with factory output from Asia, Europe and the Americas barely...