Archive US: Trading

More

  • *Core CPI data points to firming inflation trends. *Crude falls 4 pct; energy, materials lead losses. Feb 19- The Dow and S&P 500 slipped on Friday as a renewed slide in oil prices weighed on energy and materials stocks and prospects of a rate hike this year were rekindled by data pointing to firmer inflation trends.

  • CALGARY, Alberta, Feb 19- Enbridge Inc, Canada's largest pipeline company, reported a higher-than-expected quarterly profit on Friday and said it will defer C $5 billion in spending from this year and next until 2018 due to project delays. Shares of Enbridge, whose customers have been hard hit by the collapse of crude oil prices, fell 1.1 percent to C $42.92 on the...

  • NEW YORK, Feb 19- Global equity markets stumbled on Friday as oil prices retreated from strong gains earlier in the week, while U.S. bond prices rose as economic data raised the possibility of an interest rate hike by the Federal Reserve this year. Advances earlier in the week sparked by moves by oil producers, including Saudi Arabia and Russia, to cap output were...

  • *Core CPI data points to firming inflation trends. *Crude falls 4 pct; energy, materials lead losses. Feb 19- The Dow and S&P 500 slipped on Friday morning as a renewed slide in oil prices weighed on energy and materials stocks and prospects of a rate hike this year were rekindled by data pointing to firmer inflation trends.

  • *Yen hits 2-1/ 2 year high vs euro as oil, stocks slip. NEW YORK, Feb 19- The yen rose against the euro and dollar on Friday after yet another downbeat session for oil prices and stock markets worldwide, underscoring worries about global growth. "Concerns about global growth returned after a couple-day hiatus, weighing on risky stocks and oil to the benefit of safer...

  • *Nordstrom, VFC Corp down after results. Feb 19- U.S. stock indexes were lower on Friday morning, led by energy shares as a rally in oil prices fizzled out, and as CPI data indicating firmer inflation trends rekindled prospects of a rate hike this year. "Seeing a little bit of a pause from the extremes that we've been put through over the past several weeks," said Eric...

  • *Oil, stocks fall in choppy trading. NEW YORK, Feb 18- The dollar tumbled against the yen on Thursday in a choppy session, undermined by a renewed decline in risk appetite amid another setback in oil prices and U.S. stocks. Daniel Katzive, head of FX strategy for North America at BNP Paribas in New York believes that any rebound in the dollar as a result of an improvement...

  • *Wal-Mart falls after tepid sales forecast. *IBM jumps on Morgan Stanley upgrade. Feb 18- Wall Street closed lower on Thursday, ending a three-day winning streak, as Wal-Mart shares dragged on the market after a lackluster earnings report and oil prices pulled back.

  • *Wall Street dips as Wal-Mart weighs. NEW YORK, Feb 18- A gauge of stocks around the globe edged higher on Thursday, to extend its best run of the year, as signs of a stabilization in oil prices lifted emerging markets while earnings in Europe and the United States limited gains. Brent had earlier climbed above $35 a barrel and has gained 1.5 percent so far this week...

  • *Wal-Mart falls after cutting forecast. *IBM up on Morgan Stanley upgrade. Feb 18- Wall Street edged lower on Thursday as Wal-Mart shares dragged on major stock indexes after a lackluster earnings report and investors locked in gains after a three-day rally.

  • *Wall Street dips as Wal-Mart weighs. NEW YORK, Feb 18- A gauge of stocks around the globe edged higher on Thursday, extending its best run of the year, as hopes for a stabilization in oil prices lifted emerging markets while earnings in Europe and the United States limited gains. Brent had earlier climbed above $35 a barrel and has gained more than 3 percent so far this...

  • Feb 18- Wall Street was lower on Thursday, snapping a three-day rally, after a slump in Wal-Mart weighed on retail stocks and oil prices retreated. Wal-Mart slumped 4 percent to $63.46 after the retailer reported a lower quarterly profit and gave a lackluster sales outlook. Limiting the losses was IBM, which rose 5.4 percent to $132.91 after Morgan Stanley...

  • NEW YORK, Feb 18- A gauge of stocks across the globe extended its best run of the year on Thursday, with higher oil prices supporting risk assets even as earnings in Europe and the United States limited gains. Confident talk that European Union leaders will reach a deal to help keep Britain in the bloc also gave markets support despite lingering concern about the...

  • *U.S. to sell $7 billion in 30- year TIPS. NEW YORK, Feb 18- U.S. Treasury prices rose on Thursday, with benchmark yields retreating from 1-1/ 2 week highs, as the rally in Wall Street stocks leveled off, reviving some demand for low-yielding government bonds.

  • Feb 18- Wall Street fell late on Thursday morning after a slump in Wal-Mart weighed on consumer stocks, oil prices retreated and sectors that drove the three-day rally gave up some gains. Wal-Mart slumped 4.4 percent to $63.23 after the retailer reported a lower quarterly profit and gave a lackluster sales outlook. Limiting the losses were shares of IBM, which...

  • *Quarter impacted by " FCC auction expense" of $516 mln. The No. 2 U.S. satellite TV provider after DirecTV said net income attributable to the company in 2015 fell about 21 percent from a year earlier to $747.1 million, or $1.61 per share. The company and its affiliates surrendered airwave licenses worth $3.3 billion to the U. S Federal Communications Commission in...

  • Wal-Mart slumped 4.7 percent to $63 after the retailer reported a decline in quarterly earnings and cut its full-year forecast. Limiting the losses were shares of IBM, which rose 4.4 percent to $131.71 after Morgan Stanley upgraded the stock to "overweight" and the company made another health-related acquisition. Crude oil prices, whose performance has been...

  • Feb 18- U.S. stock indexes were set to open higher on Thursday, and extend a three-day rally, as oil prices continued to rise. Brent crude prices were up 2.5 percent, rising for the second straight day after Iran supported plans to freeze output and a report showed a surprise drop in U.S. inventory. "Investors are taking a step back, evaluating what's been going on... and for...

  • *Oil price spike buoys energy stocks. *9 of 10 S&P sectors close higher. Feb 17- U.S. stocks tallied their third straight session of gains on Wednesday, led by energy shares as oil prices jumped, while better-than-expected economic data helped allay growth fears.

  • NEW YORK, Feb 17- Global equity markets rallied on Wednesday, as oil prices jumped on optimism that top crude producers could finalize a deal to freeze production, while the Mexican peso strengthened after the country's central bank hiked its benchmark interest rate. After a surprise agreement on Tuesday between non-OPEC Russia and OPEC leader Saudi Arabia to...