CNBC Franchise Archive US: Trading

More

  • *IMF cuts global growth view for second time. *Nasdaq biotech index down 4 pct. Oct 6- U.S. stocks fell on Tuesday as healthcare companies lost ground and investors eyed upcoming quarterly reports that are expected to show a dip in corporate earnings.

  • NEW YORK, Oct 6- Crude prices jumped more than 4 percent on Tuesday after the United States cut output forecasts, while global equity markets mostly rose on expectations the Federal Reserve will not raise interest rates this year. Helping crude was news that Russia and Saudi Arabia had met last week and discussed the oil market, and planned to continue exchanging...

  • *Treasury to hold $24 billion 3- year note auction. The market awaited an auction of $24 billion in three-year notes, the first part of this week's $58 billion in coupon debt supply. "The auctions should be the biggest factor for the week, which should be negative for Treasuries, but the market seems to turn up whenever stocks go down," said Karl Haeling, vice president...

  • *U.S. trade deficit widens to $48.33 bln in Aug. Oct 6- Wall Street looked set to open lower on Tuesday as investors book profits after the S&P 500' s best 5- day run since 2011.. "We're just digesting some of the gains and that is part of the reason why markets are just slightly lower," said Paul Nolte, director of trading at Conifer Securities in New York.

  • NEW YORK, Oct 2- U.S. Treasuries prices reached session highs after the U.S. Labor Department said U.S. employers hired 142,000 people last month, far below the 203,000 forecasters had expected, while August job gains were revised lower to show only 136,000 were added. said Lou Brien, market strategist at DRW Trading in Chicago.

  • Oct 5- DuPont Chief Executive Ellen Kullman is stepping down this month and will replaced temporarily by board member and veteran U.S. executive Edward Breen, who oversaw the break-up of conglomerate Tyco International. Shares of DuPont, officially known as E.I. du Pont de Nemours& Co, rose 5.6 percent to $54.17 in extended trading. Kullman, 59, joined the company...

  • Oct 5- U.S. stocks jumped on Monday, with the S&P 500 rising for the fifth day in a row, as rising oil prices boosted energy stocks and investors bet the Federal Reserve would not raise interest rates this year. "Wall Street's favorite movie is nightmare on your street. The missed unemployment number means the Fed is probably going to hold longer, "said Stephen Massocca,...

  • NEW YORK, Oct 5- U.S. "We are seeing a striking rebound in risk assets today and Friday because the assumption is that the Fed won't be able to hike anytime soon," said Ian Lyngen, senior government bond strategist at CRT Capital Group in Stamford, Connecticut. Higher stock prices on Wall Street also provided further support to oil and other dollar-denominated...

  • Oct 5- U.S. stocks rose on Monday, with the S&P 500 up for the fifth day, after last week's disappointing jobs report hardened views that the Federal Reserve won't raise interest rates this year. "September was the best time to raise rates and now it looks like it was the only time they could raise rates," said Mohannad Aama, managing director, Beam Capital Management in...

  • *Oil up as Russia willing to meet other producers. NEW YORK, Oct 5- Oil prices jumped after Russia said it was ready to meet with other producers to discuss the market, while world stock markets gained, led by energy and mining shares on the oil surge amid a backdrop of continuing low global interest rates. Oil prices climbed after the news on Russia, with Brent rising...

  • Oct 5- U.S. stocks rose on Monday, with the S&P 500 up for the fifth day, after last week's disappointing jobs report hardened views that the Federal Reserve won't raise interest rates this year. "September was the best time to raise rates and now it looks like it was the only time they could raise rates," said Mohannad Aama, managing director, Beam Capital Management in...

  • NEW YORK, Oct 5- U.S. "Last week's employment data suggested labor gains were slowing, knocking down the one pillar the Fed's been leaning on, and if employment is weaker, it's harder for the Fed to move, so risk appetite is higher," said Aaron Kohli, interest rates strategist at BMO Capital Markets in New York. The Institute for Supply Management said its gauge of U.S....

  • Oct 5- Wall Street opened higher on Monday, after a disappointing U.S. jobs report on Friday hardened views that the Federal Reserve will not raise interest rates this year. "Risk investors have taken an attitude that bad news is good news again," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago. Eric Rosengren, head of the Boston Fed, told...

  • *Oil up as Russia says open to talks with other producers. Oct 5- Wall Street was set to open higher on Monday, after tepid U.S. jobs data on Friday hardened views that the Federal Reserve will not raise interest rates this year. "Risk investors have taken an attitude that bad news is good news again," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.

  • Absolutely, "said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. Alcoa Inc, traditionally the first company to report its results, is scheduled to announce its third quarter earnings after the market closes on Oct. 8. "The single most determinant variable is going to be earnings at this point," said Mark Freeman, chief investment...

  • Oct 2- U.S. stock indexes jumped over 1 percent on Friday as worries about the economy after a disappointing jobs report gave way to a robust rally in energy and materials stocks. "The silver lining with this disappointing jobs number is that possibly this could push the rate hike off to the first quarter of 2016," said Jake Dollarhide, chief executive of Longbow...

  • NEW YORK, Oct 2- Bond prices climbed on Friday after a weak U.S. employment report increased worry about slowing global growth, while global equities were able to rebound from an initial selloff to close with strong gains. The economy created 142,000 jobs in September, well short of the 203,000 forecast, and August numbers were revised sharply lower to show only...

  • *Sept nonfarm payrolls up by 142,000 vs 203,000 expected. Oct 2- U.S. stocks gained on Friday afternoon as early worries about the economy after a disappointing jobs report gave way to a rally in beaten-down energy and materials stocks. "The uncertainty has certainly increased," said Art Hogan, chief market strategist at Wunderlich Securities in New York.

  • Oct 2- U.S. stocks turned positive in afternoon trading on Friday as a rally in health care and energy stocks outweighed early worries about the economy after a disappointing jobs report. The report, the last before the Federal Reserve's meeting at the end of October, appeared to belie Fed Chair Janet Yellen's comment last week that the economy was strong enough...

  • NEW YORK, Oct 2- The global market volatility of the past month that sent U.S. stocks to their worst quarter in four years shows no signs of letting up just because the calendar turned to October. Absolutely, "said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. "There are some wicked winds swirling around from a macro perspective and you...