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Archive US: Trading

  • LONDON, Feb 17- The recent history of the zinc market has been one of reality trumping great expectations. Everyone loves the zinc narrative of pending supply crunch. Big mines such as Century in Australia and Lisheen in Ireland have closed.

  • Feb 16- The Dow Jones Industrial Average scored its sixth straight record high on Thursday, but just barely, while the S&P 500 edged lower due to declining energy stocks. Signs of an improving economy and promises by President Donald Trump to cut corporate taxes and reduce financial regulations have been behind much of the recent gains. "Some of the excitement and...

  • MSCI's All-Country World index hit an intraday record of 444.94, although stocks on Wall Street dipped as the financial sector, down 0.1 percent, snapped a five-session winning streak and energy stocks slumped 1.4 percent. Other data showed improvements in exports from Indonesia and Taiwan, and falling unemployment in Sweden and the Netherlands.

  • Volatility hits 55-year low

    By some measures, this is the quietest quarter for stocks since 1962. Boris Schlossberg of BK Asset Management and Gina Sanchez of Chantico Global discuss with Brian Sullivan.

  • Is the dollar’s bull run over?

    The dollar dipped on Thursday, even after hawkish comments from Fed chair Janet Yellen. Boris Schlossberg of BK Asset Management and Gina Sanchez of Chantico Global discuss with Brian Sullivan.

  • MSCI's All-Country World index hit an intraday record of 444.94, although stocks on Wall Street dipped as the financial sector, down 0.6 percent, lost ground for the first time in six sessions. Other data showed improvements in exports from Indonesia and Taiwan, and falling unemployment in Sweden and the Netherlands. "You have got to think the market is tired and...

  • Feb 16- Wall Street dipped on Thursday, weighed down by energy stocks as oil prices dropped and banks fell broadly for the first time in six days. Wells Fargo, Bank of America, JPMorgan and Citigroup weighed more than any other stocks on the S&P 500, which has hit a string of record high in recent sessions on signs of an improving economy and promises by President...

  • Feb 16- Wall Street dipped on Thursday, weighed down by energy stocks as oil prices dropped and as banks shares fell for the first time in six days. The rally was sparked by President Donald Trump's vow last week of tax cuts, and fueled by optimism that his plans for corporate deregulation will expand the economy. "Some of these policies are game changers to certain...

  • *Wall Street pulls back as banks lag. MSCI's All-Country World index hit an intraday record for a second straight session, although stocks on Wall Street dipped as the financial sector lost ground for the first time in five sessions. Data reports showed improvements in exports from Indonesia and Taiwan, along with falling unemployment in Sweden and the...

  • Feb 16- U.S. stocks dipped late on Thursday morning due to losses in banks and health stocks, reversing course after earlier inching up enough to notch record intraday highs for the sixth straight session. The six-day streak was sparked a week back by President Donald Trump's vow of a' phenomenal' tax announcement, and fueled by optimism that his plans for...

  • *Philadelphia business conditions strongest since 1984. NEW YORK, Feb 16- U.S. "The market's been very resilient, we got very strong data yesterday and this morning... but yet the market remains fairly well bid," said Dan Mulholland, head of Treasuries trading at Credit Agricole in New York.

  • Feb 15- Medicaid- focused health insurer Molina Healthcare Inc on Wednesday reported a fourth-quarter loss and forecast 2017 profit far below Wall Street estimates, sending its shares down 14 percent. Molina placed the blame for its disappointing performance on the Affordable Care Act, former President Barack Obama's signature healthcare reform law...

  • TripAdvisor's total revenue in the fourth quarter was $316 million, missing the average analyst estimate of $326.5 million, according to Thomson Reuters I/B/E/S. Needham, Massachusetts- based TripAdvisor, which aggregates reviews and opinions about destinations and hotels, said its referral and transaction revenue was $154 million, flat from last year.

  • Is there still time to buy into Brazil?

    Brazil-tracking ETF (EWZ) is following up a great 2016 with a big start to 2017. Stacey Gilbert of Susquehanna and Matt Maley of Miller Tabak discuss with Brian Sullivan.

  • Stocks are ‘overbought and overloved’: Market strategist

    Stacey Gilbert of Susquehanna and Matt Maley of Miller Tabak discuss the state of the market with Brian Sullivan.

  • NEW YORK, Feb 15- Stocks on major world markets climbed on Wednesday and U.S. Fed Chair Janet Yellen on Tuesday, which she repeated to the House of Representatives on Wednesday, that the central bank would probably need to raise rates at one of the upcoming meetings. "She has made it clear that she wants to raise rates," said Neil Massa, senior equity trader at Manulife...

  • Feb 15- Wall Street rose on Wednesday, with the S&P on course for a 7- day winning streak for the first time since September 2013, after President Donald Trump repeated his promise of tax cuts and upbeat economic data increased the odds of a rate hike. Federal Reserve Chair Janet Yellen, in a testimony before the House Financial Services Committee, stood by the...

  • *Financials lift Wall St to another record. NEW YORK, Feb 15- Stocks on major world markets rose further on Wednesday and U.S. "It makes it more interesting, March, for sure," said Brian Rehling, co-head of global fixed income strategy for Wells Fargo Investment Institute in St. Louis.

  • George Soros

    Soros Fund Management took a handful of new positions in financial stocks as the sector was buoyed by Donald Trump's presidential victory.

  • BOSTON, Feb 14- Soros Fund Management, the firm that invests the personal fortune of billionaire investor and philanthropist George Soros, took a handful of new positions in financial stocks during the fourth quarter as the sector was buoyed by Donald Trump's presidential victory. The New York- based firm disclosed a $14.9 million position in Goldman Sachs and...