Archive US: Trading

  • NEW YORK, Oct 9- Wall Street stock index futures were little changed throughout Sunday's highly contentious presidential debate, indicating that markets continue to view that Democrat Hillary Clinton holds an edge in the Nov. 8 election against her Republican rival, Donald Trump. The 90- minute debate got off to a chilly start when Clinton and Trump greeted...

  • SYDNEY, Oct 10- Asian shares crept higher and the Mexican peso jumped on Monday as odds of a victory by Republican nominee Donald Trump for the U.S. presidential bid widened just hours before a debate with Democratic candidate Hillary Clinton. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, while Australian stocks rose 0.4...

  • *Slightly less than expected jobs created in September. NEW YORK, Oct 7- U.S. stocks slipped on Friday as a drop in the British pound injected unwanted volatility to financial markets, while a weaker-than-expected jobs report was not enough to derail expectations for a rate hike from the Federal Reserve before the end of the year. "I don't think the pound itself is...

  • *Wall Street falls, Europe's STOXX index lower. NEW YORK, Oct 7- Sterling weakened again on Friday after rebounding from a stunning plunge that injected volatility across markets, while Wall Street ended lower after a weaker-than-expected U.S. jobs report which left intact expectations for a U.S. interest rate hike by year-end. The Bank of England was...

  • Daniel Loeb's Third Point climbed 1.1 percent, while Citadel's Wellington fund gained 2 percent, and Barry Rosenstein's Jana Partners returned 2 percent, the funds told investors. That leaves Third Point up 7.2 percent for the year, while Citadel is up 2.6 percent and Jana Partners trimmed its losses to 1.1 percent. Poor performance has also forced some firms,...

  • Deutsche Bank economist on the Fed’s demographic dilemma

    Is the Fed getting more concerned about the long-term health of the economy? Torsten Slok, Deutsche Bank’s chief international economist, discusses with Brian Sullivan.

  • Market may soon enter a bubble: Economist

    Fed policy and economic strength could soon lead to a stock market bubble, according to Charles Dumas of Lombard Street Research.

  • *Wall Street falls, Europe's STOXX index lower. NEW YORK, Oct 7- Sterling recouped much of its losses on Friday after a stunning plunge on fears over Britain's exit from the European Union, while stocks in major markets fell after a weaker-than-expected U.S. jobs report still did not sway expectations for a U.S. interest rate hike by year-end. "I think it's a warning...

  • Trader bets against soaring gold miner

    It’s time to bet against Newmont Mining, according to Todd Gordon of TradingAnalysis.com. He’ll show how he plans to do it.

  • It was latest in two weeks of what some investors described as directionless trading, with uncertainty around a tight race for the White House weighing on sentiment ahead of the Nov. 8 vote. Nonfarm payrolls rose 156,000, down from a gain of 167,000 jobs in August, the Labor Department said. "It's strong enough that you're not worried about the U.S. slipping into an...

  • NEW YORK, Oct 7- Gulf carrier Qatar Airways ordered $18.6 billion worth of Boeing Co jetliners, a deal that includes firm orders for 40 widebody aircraft and a letter of intent to purchase up to 60 narrowbody 737 MAX 8 jets, Boeing and the airline said on Friday. Boeing shares were down 0.7 percent at $133.51 in afternoon trading on the New York Stock Exchange.

  • *FTSE 100 benefits, mid-caps suffer. By Patrick Graham and Kit Rees. The fall in sterling sounded like good news to investors in internationally focused UK firms, which gain on overseas revenues and competitiveness when the currency falls.

  • *Wall Street slips, Europe's STOXX index lower. NEW YORK, Oct 7- Sterling recouped much of its losses on Friday after a stunning plunge amid fears over Britain's exit from the European Union, while stocks in major markets fell after a weaker-than-expected U.S. jobs report still did not sway expectations for a U.S. rate hike by year-end. "I think it's a warning shot from...

  • *156,000 jobs added in September vs. est. 175,000. *Unemployment inches up to 5.0 pct. Oct 7- U.S. stocks fell on Friday after weaker-than-expected September jobs report had little effect on the prospects of an interest rate hike by the year end.

  • *FTSE 100 benefits, mid-caps suffer. But selling by European and U.S. investors quashed any bounce as first London then New York came on line, driving a 2 percent loss on the day and putting sterling on course for its biggest weekly fall since 2009.. That sounded like good news to investors in internationally focused UK firms, which gain on overseas revenues and...

  • *156,000 jobs added in September vs est. 175,000. Oct 7- Wall Street was lower on Friday after a weaker-than-expected September jobs report indicated that the U.S. U.S. employment growth slowed for the third straight month in September, with employers adding 156,000 jobs, a report by the Labor Department showed.

  • *FTSE 100 benefits, mid-caps suffer. But selling by European and U.S. investors quashed any bounce as first London and New York came on line, driving a 2.5 percent loss on the day and putting sterling on course for its biggest weekly fall since 2009.. That all sounded like good news to investors in internationally focused UK firms, which gain on overseas revenues and...

  • *The U.S. Labor Department will release its non-farm payrolls report at 8:30 a.m. ET. *Sterling plunged as much as 10 cents to $1.1491 in just a few minutes in Asia, a "flash crash" that fueled concerns about the vulnerability of the British currency. *Fed officials including Vice Chairman Stanley Fischer, considered an interest rate hawk, and Board Governor Lael...

  • LONDON, Oct 6- Japanese aluminum buyers will pay a premium of $75 per tonne over the London Metal Exchange cash price for their shipments in the fourth quarter of this year. The settlement with producers, which will serve as the benchmark for Asian physical aluminum markets, marks a near 20- percent decline from the previous quarterly premium of $90- 93 per tonne...

  • *Weekly jobless claims fall unexpectedly. NEW YORK, Oct 6- Major U.S. stock indexes closed little changed on Thursday, even as declining names outnumbered advancers, ahead of job market data seen as key to determine whether the Federal Reserve will raise rates before the end of the year. "Energy is a positive input, the bottoming in energy prices," said Art Hogan, chief...