Archive US: Trading

  • NEW YORK, May 31- U.S. government bond prices fell on Tuesday on upbeat consumer spending data that support the view of a possible U.S. rate increase, while the dollar edged up near a two-month peak against a basket of currencies. "Chances are the Fed will go in the coming months if the economy holds up," said Ellis Phifer, senior market strategist at Raymond James in...

  • May 31- Wall Street gave up early gains on Tuesday, but all three major index were on track to end higher for the month, as investors mulled over economic data for clues regarding the timing of the next interest rate hike. Stronger-than-expected April consumer spending data on Tuesday bolstered Federal Reserve Chair Janet Yellen's stance on Friday that a rate...

  • *April consumer spending up 1 pct vs est. 0.7 pct rise. May 31- Wall Street inched higher on Tuesday as strong consumer spending data gave the latest sign of improvement in economic growth and supported the Federal Reserve's stance to increase interest rates in the coming months. Fed Chair Janet Yellen said on Friday a rate hike in the coming months would likely be...

  • *April consumer spending up 1 pct vs est. 0.7 pct rise. May 31- Wall Street was set to open higher on Tuesday after strong consumer spending data gave the latest sign of improvement in economic growth and supported the Federal Reserve's stance to increase interest rates in the coming months. Fed Chair Janet Yellen said on Friday a rate hike in the coming months would...

  • SINGAPORE/ TOKYO, May 31- Asian shares recovered from a wobbly start on Tuesday, but remained on track for a monthly loss, while the dollar edged away from recent peaks scaled on expectations the U.S. European markets are poised for a mixed start, with financial spreadbetters expecting Britain's FTSE 100 to open down 0.3 percent lower, France's CAC to begin the day...

  • TOKYO/ SINGAPORE, May 31- Asian shares recovered from a wobbly start on Tuesday, but remained on track for a monthly loss, while the dollar edged away from recent peaks scaled on expectations the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, poised to end the month down 1.9 percent. Data released earlier in the session showed...

  • *US, UK markets shut on Monday for public holidays. "With UK and US markets closed overnight, Asian markets will be looking to Europe for leads today," Angus Nicholson, market analyst at IG, said in a note. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trading, ending more than 2 percent lower for the month.

  • *OPEC members unlikely to agree on cuts this week. May 30- Oil prices inched up toward $50 a barrel on Monday, although uncertainty ahead of an OPEC producer-group meeting later in the week was expected to cap gains. While OPEC has been unable to agree on an output freeze to support prices, Iraq was the latest Middle East producer to raise its export quota ahead of the...

  • *Germany's DAX index hits one-month high. *Volumes seen thin as UK, U.S. markets shut. LONDON, May 30- Germany's DAX share index climbed to a one-month high on Monday, with some investors betting that the euro's relative weakness against the U.S. dollar would underpin German exporters.

  • *European stocks rise, Germany's DAX hits 1- mth high. LONDON, May 30- European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The euro zone's blue-chip Euro STOXX 50 index was 0.1 percent higher, while...

  • LONDON, May 30- European shares steadied in thin trading on Monday, with the prospect of a U.S. interest rate hike coming sooner rather than later prompting investors to avoid strong bets. The euro zone's blue-chip Euro STOXX 50 index was flat by 0710 GMT, while Germany's DAX was up 0.07 percent and France's CAC fell 0.1 percent. Trading volumes were expected to be...

  • *Wall Street rises ahead of U.S. TOKYO, May 30- Asian shares edged down on Monday while the dollar marked fresh highs after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States could be around the corner. Financial spreadbetters predicted Germany's DAX and France's CAC 40 to each open up 0.7 percent, after Friday's gains on...

  • NEW YORK, May 27- The U.S. dollar index hit a two-month high and U.S. bond prices fell on Friday after Federal Reserve Chair Janet Yellen said a U.S. interest rate hike will likely be appropriate in the coming months. "It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move...

  • I think the S&P 500 is going up, so I’m going long: Trader

    Todd Gordon of TradingAnalysis.com plays on the SPY, which he predicts will rise.

  • The stock that’s up 1300%

    Shares of Lending Tree have seen an incredible rally over the past five years. Chad Morganlander of Stifel Nicolaus and Craig Johnson of Piper Jaffray discuss what could be ahead with Brian Sullivan.

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    The biotech sector has been sliding, but a turnaround could be afoot. Chad Morganlander of Stifel Nicolaus and Craig Johnson of Piper Jaffray discuss with Brian Sullivan.

  • NEW YORK, May 27- U.S. Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual U.S. interest rate increases would be appropriate if the economy improves further and the labor market tightens. Treasury trading at Mitsubishi UFJ Securities USA Inc..

  • NEW YORK, May 27- The U.S. dollar added to gains while U.S. "It's appropriate... for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate," Yellen told an audience of Harvard University professors and alumni. "People think June or July are very much alive now," said Stephen...

  • NEW YORK, May 27- The U.S. dollar and world stock indexes edged higher on Friday ahead of a speech by Federal Reserve Chair Janet Yellen that could provide new signals on the timing of a U.S. interest rate hike. Yellen is due to speak at an event hosted by Harvard University at 1:15 p.m. ET. "We're expecting a lot of major data in the next few weeks and Yellen will balance...

  • NEW YORK, May 27- U.S. Yellen is scheduled to participate in a discussion with economist Greg Mankiw at Harvard University at 1:15 p.m.. "People are waiting to see whether they would get anything meaningful, but it's highly unlikely she wants to rock the boat before a long holiday weekend," said Larry Milstein, head of government and agency trading at R.W. Pressprich&...