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Archive US: Trading

  • Microsoft rose 1.9 percent to $65.50 in premarket trading, while Intel gained 0.4 percent to $37.71 after the two companies reported quarterly results above Wall Street expectations. The post-election rally reignited this week following a solid start to earnings season and optimism over President Donald Trump's pro-growth initiatives, catapulting the...

  • SINGAPORE, Jan 27- Asian shares were fractionally lower on Friday in holiday-thinned trade but were on track for a solid advance this week, while oil and the dollar retained gains in the wake of strong U.S. corporate earnings. European markets were heading for a quiet start, with financial spreadbetter CMC Markets predicting Britain's FTSE 100 would open flat...

  • MSCI's broadest index of Asia-Pacific shares outside Japan was little changed with several markets closed for the Lunar New Year holiday. Chinese, Taiwan, Vietnam and South Korea are shut for the Lunar New Year holiday. China will resume trade on Friday, Feb. 3; Taiwan and Vietnam on Thursday, Feb. 2, and Korea on Tuesday, Jan. 31.

  • MEXICO CITY/ SAO PAULO, Jan 26- The Mexican peso and stock exchange weakened on Thursday after President Enrique Pena Nieto pulled out of a meeting in Washington with U.S. counterpart Donald Trump in a deepening spat over a border wall and trade disputes. A long-brewing spat between the world's No. 1 economy and its southern neighbor moved up a gear on Wednesday,...

  • CHICAGO, Jan 26- U.S. soybean and corn futures closed lower Thursday on improving South American crop prospects and jitters about U.S. trade relationships, analysts said. Chicago Board of Trade soybeans for March delivery settled down 5-3/ 4 cents at $10.49-1/ 2 per bushel and March corn ended down 2-1/ 2 cents at $3.63-3/ 4 a bushel. "Corn and soybeans are... being...

  • While advertising still accounts for the lion's share of Google's revenue, rising 17.4 percent to $22.4 billion in the fourth quarter, Alphabet Chief Financial Officer Ruth Porat underscored that the company is diversifying its business, pointing to growth in hardware, app sales and the cloud business. Google-branded hardware also showed promise as Google...

  • NEW YORK, Jan 26- A key index of global equity markets held near a record high on Thursday supported by mergers and acquisitions, strong corporate earnings and investor optimism spurred by U.S. MSCI's world index, which tracks shares in 46 countries, was little changed and just 2 percent off its record high hit in April 2015. On Wall Street, the Dow Jones Industrial...

  • Google's ad revenue, which accounts for the bulk of its business, rose 17.4 percent to $22.40 billion in the fourth quarter. Despite the slight miss on earnings per share, analyst Kerry Rice of Needham and Company said the strong revenue growth suggests that Google's core business remains healthy. Research firm eMarketer has estimated that Google will capture...

  • A pilot boat approaches the tanker MTM St. Jean to pick up a harbor pilot who guides vessels into port at Boston Harbor, Boston, Massachusetts.

    Raoul Pal, publisher of the Global Macro Investor newsletter, discusses the markets with Brian Sullivan.

  • Is the market nearing a ‘trading peak’?

    Jeffrey Saut, chief investment strategist at Raymond James, discusses why the market may be nearing a trading ‘peak’ in a wide-ranging interview with Brian Sullivan.

  • *Qualcomm falls after revenue falls below expectations. Jan 26- U.S. stocks were little changed on Thursday as investors paused following a two-day rally that pushed the Dow Jones Industrial Average above the 20,000 mark, while the latest wave of earnings rolled in. Qualcomm weighed on both the S&P 500 and Nasdaq as the chipmaker fell 5.0 percent to $54.05 after...

  • NEW YORK, Jan 26- U.S. Treasury yields fell on Thursday with benchmark yields retreating from a four-week high, after strong investor demand at a $28 billion auction of seven-year notes, part of this week's $88 billion coupon-bearing government debt supply. Pressprich& Co in New York.

  • The No. 4 U.S. airline by passenger traffic said net income dropped to $522 million in the fourth quarter from $536 million a year earlier. Per share earnings rose to 84 cents from 82 cents as the number of outstanding stock fell. Excluding special items, the company earned 75 cents per share, down from 90 cents a year earlier.

  • *Greenback recovers from lows hit in Asia. NEW YORK, Jan 26- The dollar rebounded from a seven-week low on Thursday, still feeling the positive effects of a record-setting Dow Jones Industrial Average the day before, although gains were tempered by persistent uncertainty surrounding the new U.S. administration's economic policy plans. "There's a little more...

  • *Qualcomm falls after revenue falls below expectations. Jan 26- U.S. stocks were little changed on Thursday in the wake of a two-day rally that pushed the Dow Jones Industrial Average above the 20,000 mark, as investors grappled with the latest round of earnings. Qualcomm weighed on both the S&P 500 and Nasdaq as the chipmaker fell 5.7 percent to $53.82 after...

  • Why trader Todd Gordon is starting to sell his stocks

    Todd Gordon of TradingAnalysis.com breaks down the charts and explains why he's beginning to sell his stocks.

  • Jan 26- Oilfield services provider Baker Hughes Inc, which is being acquired by General Electric Co, said crude oil prices would need to rise by roughly another 15 percent to spur producers to spend more on drilling outside North America. Oil prices in the mid- to upper- $50 s-per-barrel range would encourage North American producers, while prices above $65 per...

  • *Royal Caribbean higher after forecast beats estimates. Jan 26- The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, but losses in Qualcomm's shares weighed on the S&P 500 and the Nasdaq Composite indexes. Qualcomm fell 5.4 percent to $53.82 after the chipmaker reported a lower-than-expected...

  • Jan 26- Oilfield services provider Baker Hughes Inc, which is being acquired by General Electric Co, said crude oil prices would need to increase by another 15-16 percent to encourage producers to boost drilling outside North America. Oil prices in the mid- to upper- $50 s-per-barrel range would encourage North American producers to boost spending, while crude...

  • NEW YORK, Jan 26- A key index of global equity markets held near a record high on Thursday, supported by mergers and acquisitions, strong corporate earnings and investor optimism spurred by U.S. MSCI's world index, which tracks shares in 46 countries, was little changed and just 2 percent off its record high hit in April 2015. The index found support from rallying...