Archive US: Trading

  • June 16- Wall Street closed higher on Thursday as investors digested the implications of a British lawmaker's death on the country's impending referendum on whether to leave the European Union. The lawmaker, Jo Cox, had been a vocal supporter of Britain remaining in the European Union. "We're seeing a move in the pound rallying off its lows, the Treasuries coming...

  • Goldman on how to hedge a possible Brexit

    Goldman’s options team claims that “options investors are not differentiating Brexit risk based on fundamentals.” Stacey Gilbert of Susquehanna discusses with Courtney Reagan.

  • Are inflation expectations rising?

    The CRB index has risen in the past few months, so are inflation expectations rising as well? Craig Johnson of Piper Jaffray and Stacey Gilbert of Susquehanna discuss with Courtney Reagan.

  • NEW YORK/ LONDON, June 16- Gold turned lower on Thursday, as sterling bounced higher and U.S. stock markets came well off their lows following the suspension of Britain's campaign for next week's referendum after a member of Parliament was shot dead. British Member of Parliament Jo Cox, who was killed in the street in her constituency in northern England earlier in...

  • CHICAGO, June 16- Illinois' long-running budget impasse stung the state on Thursday in the U.S. municipal market where buyers of its $550 million bond issue demanded bigger yields over the market benchmark. The results demonstrate that the market is increasing its penalty due to the state's worsening fiscal and political problems, leaving Illinois unable to...

  • SAN FRANCISCO, June 16- Shares of firearm makers rose on Thursday ahead of Smith& Wesson Holding's quarterly report, following volatility this week after a shooting attack that killed 49 people at a gay nightclub in Orlando. Gunmaker Sturm Ruger said in February it expects a lift in demand for its firearms if a Democrat wins the presidential election on Nov. 8 and...

  • June 16- Wall Street erased losses on Thursday as investors sought to digest the implications of a British lawmaker's death on the country's impending referendum to leave the European Union. The lawmaker, Jo Cox, had been a vocal supporter of Britain remaining in the European Union. "We're seeing a move in the pound rallying off its lows, the Treasuries coming off...

  • Here’s how to trade the rising energy sector: Trader

    Andrew Keene of AlphaShark thinks that the energy sector is headed up, and he has a way to play the XLE that could let him cash in.

  • Shares in the owner of chains such as Ralphs, Food 4 Less and Fred Meyer were up 1 percent to $36.06 in afternoon trading. Net income attributable to Kroger rose about 10 percent to $680 million, or 70 cents per share, in the first quarter. The Cincinnati- based company operates 2,778 retail food stores in a brutally competitive industry where its rivals include...

  • *Steady interest rates due partly to Britain's EU vote- Yellen. June 16- Wall Street opened sharply lower on Thursday, a day after the Federal Reserve's warning of a slowdown in economic growth added to concerns about Britain's possible exit from the European Union. Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of...

  • *Steady interest rates due partly to Britain's EU vote- Yellen. June 16- Wall Street was set to open lower on Thursday, a day after the Federal Reserve's warning about an economic slowdown added to concerns of Britain's possible exit from the European Union. Fed Chair Janet Yellen sounded caution that the central bank needed to see more clear signs of economic...

  • NEW YORK, June 15- The U.S. dollar fell along with bond yields on Wednesday after the Federal Reserve left U.S. interest rates unchanged and hinted at a less aggressive outlook for rates. Worries that Britain, the world's fifth-largest economy, could quit the European Union after a June 23 referendum added to the day's volatility. Fed Chair Janet Yellen said at a...

  • June 15- Wall Street fell for a fifth straight session on Wednesday after the Federal Reserve left interest rates unchanged and investors stewed over an impending vote in Britain on whether to leave the European Union. Investors have become more nervous ahead of a vote in Britain next week on whether to leave the EU, with recent opinion polls indicating growing...

  • Investment picks for an uncertain market

    Investor sentiment shows fear in today’s uncertain market climate. Eddy Elfenbein of the Crossing Wall Street blog and Boris Schlossberg of BK Asset Management discuss what to buy now, with Brian Sullivan.

  • Did the Fed give investors another reason to buy gold?

    Gold soared to one-month highs after the Federal Reserve’s dovish statement. Eddy Elfenbein of the Crossing Wall Street blog and Boris Schlossberg of BK Asset Management discuss the next move for the yellow metal with Brian Sullivan.

  • July rate hike off the table?

    The Fed left rates unchanged on Wednesday, but could July’s outlook be different? Eddy Elfenbein of the Crossing Wall Street blog and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • June 15- Wall Street maintained gains on Wednesday after the Federal Reserve left its key interest rate unchanged, soothing investors on edge about an impending vote in Britain on whether to leave the European Union. Investors have become more nervous ahead of a vote in Britain next week on whether to leave the European Union, with recent opinion polls...

  • NEW YORK, June 15- Global stock markets briefly added to gains while the U.S. dollar extended losses on Wednesday after the Federal Reserve decided to leave interest rates unchanged. Expectations that the Fed would leave rates unchanged rose recently following weak May jobs data and concern over economic repercussions if Britain decides to leave the...

  • CHICAGO, June 15- U.S. corn and soybean futures eased on Wednesday after better-than-expected rains fell in the Midwest crop belt, prompting investors to take profits after recent highs, analysts said. At the Chicago Board of Trade as of 11:56 a.m. CDT, soybeans for July delivery were down 11-3/ 4 cents at $11.57-3/ 4 per bushel. July corn was down 4 cents at $4.32-1/ 2 a...

  • U.S. bond yields were steady ahead of the decision, which the Fed will release at 2:00 p.m., while Fed Chair Janet Yellen will hold a press conference at 2:30 p.m.. Expectations that the Fed will leave rates unchanged rose recently following weak May jobs data and concern over economic repercussions if Britain decides to leave the European Union.