Archive US: Trading

  • Investors are awaiting Federal Reserve Chair Janet Yellen's speech at noon in Boston, where she is likely to offer more insight into the growing sentiment among policymakers to raise interest rates relatively soon. Sustained growth in the labor market and improving inflation have encouraged Fed officials such as Boston Fed president Eric Rosengren, who...

  • Stumpf, under pressure from lawmakers and other critics, stepped down on Wednesday after 34 years with the bank, handing over the CEO role to Timothy Sloan, who had been chief operating officer, and the chairmanship to lead director Stephen Sanger. Wells Fargo, whose shares were up 0.5 percent in premarket trading, said its revenue rose 2 percent to $22.33 billion...

  • *Data from China showed producer prices rose unexpectedly in September, marking the first increase in nearly five years and easing some worries about the health of the world's second largest economy. *Federal Reserve Chair Janet Yellen is scheduled to speak at a conference in Boston, where she is likely to address the growing sentiment among policymakers for a...

  • *Oil prices rebound, help energy shares recover. NEW YORK, Oct 13- U.S. stocks slipped on Thursday led by falls in financial shares and following weak Chinese economic data but a late-day rebound in oil prices limited the day's decline. Reviving concerns about the health of the world's second-largest economy, data showed China's exports fell 10 percent in...

  • Shadow credit: A hidden risk for markets?

    The increase in shadow banking could lead to a big systemic problem, says Jeremy Josse, the author of “Dinosaur Derivatives and Other Trades.” He discusses with Brian Sullivan.

  • Stocks stage steep comeback

    Where’s the market headed next? Matt Maley of Miller Tabak and Zachary Karabell of Envestnet discuss with Brian Sullivan.

  • Data showed China's exports fell 10 percent in September, far worse than markets had expected, while imports unexpectedly shrank, reviving concerns about the health of the world's second-largest economy. "The catalyst, I think, to start getting some trades in was the oil price stabilizing, and just the fact that short-term we were oversold," said Bucky Hellwig,...

  • *China September trade data worse than expected. NEW YORK/ LONDON, Oct 13- Gold prices edged higher on Thursday as the dollar declined and world shares slipped following renewed worries about China's economy. "There is a lot of buying on the physical side in Asia, mainly from China and buying from exchange-traded funds after recent dips," said a precious metals...

  • Trader shows how far the market will fall

    Rich Ross of Evercore ISI tracks the S&P ETF, SPY, to show how far the market could fall.

  • Oct 13- U.S. stocks were trading near one-month lows on Thursday, amid losses across sectors, as investors fretted about China's weak economic data and the prospects of an interest rate hike by the end of the year. Data showed China's exports fell 10 percent in September, far worse than the markets had expected, while imports unexpectedly shrank, reviving concerns...

  • Oct 13- Wall Street was set to open lower on Thursday as investors fretted about China's weak economic data and the prospects of an interest rate hike by the end of the year. Data showed China's exports fell 10 percent in September, far worse than the markets had expected, while imports unexpectedly shrank, reviving concerns about the health of the world's...

  • Deutsche Bank's Frankfurt- listed stock fell 2.5 percent after sources told Reuters that the bank was introducing a hiring freeze as it seeks to cut costs amid a deep strategic overhaul. However, the odds for a December move are at 70 percent, according to the CME Group's FedWatch tool. *Fed Chair Janet Yellen could offer more insight into the central bank's latest...

  • Oct 12- The S&P 500 and the Dow Jones industrial average indexes ended Wednesday's session with small gains as expectations for timing on a rate hike were largely unchanged after U.S. While keeping rates low has risks, the Fed decided it was more risky to raise rates when they are concerned we might be seeing a slowdown in economic growth, said Kate Warne,...

  • A record for corporate payouts

    Corporate payouts in large US firms are expected to hit another record this year. Craig Johnson, Piper Jaffray, and Stacey Gilbert, Susquehanna, discuss with Brian Sullivan.

  • Positive month for the financials

    Will upcoming earnings hinder or help the financial sector? Craig Johnson, Piper Jaffray, and Stacey Gilbert, Susquehanna, discuss with Brian Sullivan.

  • Trader bets on this big tech stock

    Andrew Keene of AlphaShark trades IBM, which he thinks will rally once again.

  • *Fed minutes to be released at 2:00 p.m. ET. *Oil prices fall over 1 pct. Oct 12- The S&P 500 and the Dow pared losses on Wednesday as financial stocks rose in anticipation of the minutes of the Federal Reserve's September policy meeting.

  • Oct 12- U.S. stock index futures were slightly lower on Wednesday as investors eyed finer details of the Federal Reserve's September policy meeting. *New York Fed President William Dudley and his Kansas counterpart Esther George's appearances at separate events will be carefully watched for their take on rates. *Oil prices were up 0.4 percent as major...

  • NEW YORK, Oct 11- Slumping crude prices and a dour start to Wall Street's corporate earnings season pulled down U.S. and European equities on Tuesday, while the dollar hit an eight-month high on increasing bets U.S. interest rates will rise in December. Wall Street fell more than 1 percent as shares of aluminum producer Alcoa and diagnostics test maker Illumina...

  • A stock market sea change

    Nicholas Colas, chief market strategist at Convergex, discusses a big market shift with Brian Sullivan.