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Archive US: Trading

  • Jan 25- The Dow Jones Industrial Average traded above 20,000 for the first time on Wednesday, resuming a rally that began in the wake of U.S. The Dow came within a point of the historic mark on Jan. 6, as investors banked on pro-growth policies and tax cuts many expect from the new administration. "Trump's been on the job for five days and he's a man of action," said Brian...

  • Jan 25- The Dow Jones Industrial Average traded above 20,000 for the first time on Wednesday, resuming a rally that began in the wake of U.S. The index came within a point of the historic level on Jan. 6, as investors banked on pro-growth policies and tax cuts from the new administration. It is just a number but it is a big number, it is certainly a flashy number, "said Tim...

  • Jan 25- U.S. stocks looked set for a higher open on Wednesday, with the Dow set to take a shot at 20,000, following a raft of strong quarterly earnings and optimism around President Donald Trump's pro-growth policies. The Trump rally, which had driven Wall Street to a series of record highs since November, had been sputtering in recent weeks as investors sought...

  • *OPEC exporters appear to be cutting output as promised. NEW YORK, Jan 24- Oil prices edged higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks. Brent futures gained 21 cents, or 0.4 percent, to settle at $55.44 a barrel, while U.S.

  • NEW YORK, Jan 24- The S&P 500 and Nasdaq set record highs on Tuesday in a broad rally led by financial and technology stocks. The advance comes as quarterly earnings season heats up and investors become optimistic that clarity on President Donald Trump's economic policies will be forthcoming. "He is coming out of the gate strong and he is doing a lot of the things he...

  • A signage for Apple Watch is displayed inside the new Apple store Saint Germain during the press day on December 01, 2016 in Paris, France.

    Erin Gibbs of S&P Global and Chris Verrone discuss the tech giant with Brian Sullivan.

  • Two traders’ top earnings picks

    What’s the best stock to buy ahead of earnings? Erin Gibbs of S&P Global and Chris Verrone give their picks, in conversation with Brian Sullivan.

  • *S&P 500, Nasdaq hit record highs on bank, tech gains. *Oil prices rise as OPEC output cuts drain stocks. NEW YORK, Jan 24- Stocks rose on Tuesday as investors looked past U.S.

  • *OPEC exporters appear to be cutting output as promised. NEW YORK, Jan 24- Oil prices edged higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks. Brent futures gained 21 cents, or 0.4 percent, to settle at $55.44 a barrel, while U.S.

  • NEW YORK, Jan 24- The S&P 500 and Nasdaq touched intraday record highs on Tuesday and the Dow was poised for its best day of the year, lifted by gains in financial and technology stocks. The advance comes as investors assess quarterly earnings reports, while trying to find more clarity on President Donald Trump's economic policies. "He is demonstrating that he is...

  • NEW YORK, Jan 24- U.S. The rise in bond yields, which reversed Monday's decline, brought only a moderate bid to a $26 billion auction of two-year notes, part of this week's $88 billion in coupon-bearing U.S. government debt supply, analysts said. "We are mostly in a holding pattern until we get more clarity on the fiscal side," said Gennadiy Goldberg, interest rate...

  • *Q4 profit $0.86 vs. est. Shares of Verizon, which is in the process of buying Yahoo Inc's core assets as a way to diversify, were down 4.4 percent at $50.09 on Tuesday. Chief Financial Officer Matt Ellis said in an interview that the company's 167,000 phone subscriber additions were strong.

  • *Wall St edges higher as earnings gather pace. *Oil prices rise as OPEC output cuts drain stocks. NEW YORK, Jan 24- Stocks crept higher worldwide on Tuesday as investors looked past U.S.

  • *OPEC exporters appear to be cutting output as promised. NEW YORK, Jan 24- Oil prices climbed higher on Tuesday ahead of weekly U.S. inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks. Brent futures were up 37 cents, or 0.7 percent at $55.60 a barrel by 11:26 a.m EST, while U.S.

  • Shares of New York- based Verizon, which has said it wants to buy Yahoo's assets to drive growth in advertising and media, were down 2.7 percent at $51 in premarket trading. Verizon's operating revenue fell for the third straight quarter, to $32.34 billion, from $34.25 billion in the same period of 2015.. Net income attributable to the No. 1 U.S. wireless carrier fell...

  • *Dollar takes early dip in Asia on Mnuchin comments, lower yields. *Sterling firm ahead of UK court ruling on Brexit vote. SYDNEY, Jan 24- The dollar struggled in Asia on Tuesday as U.S.

  • *Oil dips, signs of U.S. output rise offset OPEC- led cuts. He also formally withdrew the United States from the Trans-Pacific Partnership trade deal. "Given that the president's first order of business is challenging trade deals, it has probably caught a number of optimistic investors off balance," said Jack Ablin, chief investment officer at BMO Private Bank in...

  • NEW YORK, Jan 23- U.S. stocks edged lower on Monday as early moves by President Donald Trump highlighting a protectionist stance on trade gave investors cause to rethink the post-election rally. Trump has also vowed to renegotiate the North American Free Trade Agreement with leaders of Canada and Mexico. "Investors are really trying to gauge what the potential...

  • Ed Yardeni on the economy and the market

    How much longer can the economic expansion continue, and what will the future bring for U.S. stocks? Ed Yardeni of Yardeni Research discusses with Brian Sullivan.

  • U.S. President Donald Trump

    The S&P 500 has traded in a mere 1.6% range this month, the narrowest in decades. Ari Wald of Oppenheimer and Dennis Davitt of Harvest Volatility Management discuss with Brian Sullivan.