Archive US: Trading

  • LONDON, July 6- U.S. gasoline stocks remain stubbornly high despite record demand from motorists, a situation that will probably force refiners to cut crude processing over the next few months and prioritise production of diesel. Gasoline stockpiles hit a seasonal record 239 million barrels on June 24, an increase of 22 million barrels compared with the...

  • TOKYO, July 6- Oil prices were slightly higher after falling earlier in Asian trading on Wednesday amid the wider market turmoil set off by mounting concerns over the economic impact of Britain's vote to leave the European Union. U.S. crude was up 4 cents at $46.64 a barrel at 0635 GMT, after initially gaining then falling in thin trade. The contract fell 5 percent to...

  • TOKYO, July 6- Oil prices fell in Asian trading amid wider market turmoil set off by mounting concerns over the economic impact of Britain's vote to leave the European Union. U.S. crude was down 23 cents at $46.37 a barrel at 0158 GMT. The contract fell 5 percent to end at $46.60 on Tuesday as U.S. investors digested news of an OPEC increase in production after the July 4...

  • TOKYO, July 6- Oil prices fell in Asian trading amid wider market turmoil set off by mounting concerns over the economic impact of Britain's vote to leave the European Union. U.S. crude was down 31 cents at $46.29 a barrel at 0158 GMT. The contract fell 5 percent to end at $46.60 on Tuesday as U.S. investors digested news of an OPEC increase in production after the July 4...

  • NEW YORK, July 5- Stocks on major world markets fell and benchmark U.S. government bond yields hit all-time lows on Tuesday as worries about Britain's exit from the European Union pushed sterling to a fresh 31- year low, triggering a scramble for the safest and most liquid assets. Investor confidence was undermined by the Bank of England's warning on the economic...

  • July 5- Stocks fell on Wall Street Tuesday following their best weekly performance of the year as investors faced continued uncertainty in the wake of Britain's decision to leave the European Union and as tumbling oil prices weighed on energy shares. U.S government bond yields reached record lows as investors found refuge in the perceived safety of...

  • NEW YORK, July 5- Stocks on major world markets fell and benchmark U.S. government bond yields hit all-time lows on Tuesday as worries about Britain's exit from the European Union pushed sterling to a fresh 31- year low, triggering a scramble for the safest and most liquid assets. Investor confidence was undermined by the Bank of England's warning on the economic...

  • Gold is headed back to $1,050: Wells Fargo strategist

    John LaForge of Wells Fargo recommends staying away from gold, and he explains why in this interview with Dominic Chu.

  • Is the utilities sector in a bubble?

    Utilities stocks could be headed for their best year ever if the second half of this year is at all like the first. Eddy Elfenbein of the Crossing Wall Street blog and Chris Verrone of Strategas Research Partners discuss with Dominic Chu.

  • July 5- Wall Street stocks fell in afternoon trading on Tuesday as investors faced continued uncertainty in Europe and tumbling oil prices weighed on energy shares. The Bank of England said the outlook for Britain's financial stability after its June 23 vote to leave the European Union, dubbed Brexit, was "challenging" and said it would lower the amount of...

  • NEW YORK, July 5- Stocks on major world markets fell and benchmark U.S. government bond yields hit all-time lows on Tuesday as worries about Britain's exit from the European Union pushed sterling to a fresh 31- year low, triggering a scramble for the safest and most liquid assets. Investor confidence was undermined by the Bank of England's warning on the economic...

  • NEW YORK, July 5- Stock on major world markets fall and benchmark U.S. government bond yields hit an all-time low on Tuesday, as worries about Britain's exit from the European Union pushed sterling to a fresh 31- year low, triggering a scramble for the safest and most liquid assets. Bank of England governor Mark Carney Mark Carney said that the global loss of risk...

  • TORONTO, July 5- Smartphone pioneer BlackBerry Ltd will stop making its Classic model, the company said on Tuesday, some 18 months after launching the device it had hoped would entice users who prefer a physical, rather than touchscreen, keyboard. BlackBerry has since launched a phone powered by Alphabet Inc's Android software and plans several more, and...

  • *10- year Treasury yields touch record low. July 5- Wall Street was lower in late morning trading on Tuesday as oil prices kept sliding and tepid U.S. data added to global growth worries. The Commerce Department said new orders for manufactured goods declined 1.0 percent after two straight months of increases.

  • July 5- Wall Street opened lower as investors sought shelter in safe-haven assets amid a drop in oil prices and global growth worries. U.S. government bond yields were at an all-time low as weak data from China added fuel to the uncertainty stemming from Britain's vote to leave the European Union. Data from China showed that the country's services sector...

  • July 5- Wall Street was set to open lower for the first time in five days as investors sought shelter in safe-haven assets amid a drop in oil prices and global growth worries. U.S. government bond yields were at an all-time low as weak data from China added fuel to the uncertainty stemming from Britain's vote to leave the European Union. Data from China showed that...

  • SAN FRANCISCO, July 1- A week-long convulsion in U.S. stocks induced by Britain's vote to leave the European Union has left some on Wall Street feeling a little bit better thanks to stronger expectations of prolonged low interest rates. The result of the June 23 referendum has created a bounty of uncertainty about the future of the United Kingdom, Europe and the...

  • SAN FRANCISCO, July 1- A week-long convulsion in U.S. stocks induced by Britain's vote to leave the European Union has left some on Wall Street feeling a little bit better thanks to stronger expectations of prolonged low interest rates. The result of the June 23 referendum has created a bounty of uncertainty about the future of the United Kingdom, Europe and the...

  • NEW YORK, July 1- The major U.S. stock indexes rose modestly on Friday, for a fourth straight day of gains, helped by encouraging U.S. manufacturing data. The S&P 500 tallied its best week since November, staging a strong rebound from its worst two-day decline in 10 months sparked by Britain's shock vote last week to leave the European Union. "Clearly, people have...

  • Jeremy Siegel makes the bull case for stocks

    Wharton School finance professor Jeremy Siegel tells Courtney Reagan why he’s optimistic going into the second half of the year.