Archive US: Trading

  • NEW YORK, May 24- U.S. Growing bets that the Federal Reserve may raise interest rates as early as June also underpinned the sell-off in the bond market ahead of a $26 billion auction of two-year Treasury notes at 1 p.m.. "The Fed is looking to raise rates," said Justin Lederer, Treasury strategist at Cantor Fitzgerald in New York.

  • *Home sales in California jump 80 pct. May 24- Toll Brothers Inc's quarterly revenue jumped nearly 31 percent as the company sold more luxury homes at higher prices, underscoring a steady growth in the U.S. housing market. Shares of Toll Brothers, which mostly builds high-end single-family homes, rose as much as 6.8 percent to $28.93 in late morning trading.

  • *Best Buy down on weak forecast. May 24- Wall Street opened higher on Tuesday, recouping some of Monday's losses, with banks among the biggest gainers as investors speculated on the possibility of a June interest rate hike. Until we get that, the market will remain in a tight trading range, "said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

  • Risk-appetite was further weakened by receding expectations that Japan can act to weaken its currency after a fresh warning from the United States last week against intervention. That sentiment was reinforced by comments from Japanese Finance Minister Taro Aso, who said on Tuesday that Japan has no intention to devalue the yen sharply and consistently.

  • *Fed's John Williams sees 2-3 rate hikes in 2016. May 23- Wall Street ended lower on Monday as a bounce in Apple failed to offset concerns that the U.S. San Francisco Fed President John Williams and his St. Louis counterpart, James Bullard, both struck hawkish tones in separate appearances on Monday.

  • Is the market overlooking the potential Brexit?

    If the United Kingdom chooses to exit the European Union, it could have a profound effect on markets. Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • Can stocks thrive amid a rate hike?

    Will the market hold its ground even if the Fed raises rates in June? Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • *Fed's John Williams sees 2-3 rate hikes in 2016. May 23- Wall Street edged higher on Monday as a bounce in Apple helped offset growing concerns that the U.S. San Francisco Fed President John Williams and his St. Louis counterpart, James Bullard, both struck hawkish tones in separate appearances on Monday.

  • NEW YORK, May 23- Short-dated U.S. In the United States, an imminent rise in interest rates was looking more probable. Louis Fed President James Bullard said a relatively tight labor market in the United States may put upward pressure on inflation, raising the case for higher interest rates.

  • NEW YORK, May 23- Global stock markets were little changed and the U.S. dollar gained on Monday as investors weighed the possibility that U.S. interest rates could soon be raised. In the United States, an imminent rise in interest rates was looking more likely. Louis Fed President James Bullard said on Monday a relatively tight labor market in the United States may...

  • LONDON, May 23- Stocks, oil and yields on government bonds all fell on Monday, reversing some of their recent gains as investors began the week in a cautious mood, still grappling with the possibility that U.S. interest rates could soon be raised. The FTSEuroFirst 300 index of leading shares, Germany's DAX and France's CAC 40 all shed around 0.8 percent, and Britain's...

  • May 23- U.S. stock index futures were slightly lower on Monday as oil prices fell and investors awaited speeches by Federal Reserve officials this week for clues on the timing of the next rate increase. *Brent oil prices fell for a fourth consecutive session on Monday after Iran insisted it would not freeze crude output, returning investor attention to a global...

  • RPT-FED' S BULLARD SAYS TOTAL IMPACT OF LOWER OIL PRICES IS OVERALL A POSITIVE FOR THE U.S.

  • LONDON, May 23- Stocks seesawed on Monday while oil, the dollar and bond yields all fell as investors began the week cautious about prospects that U.S. interest rates could soon be raised. The FTSEuroFirst 300 index of leading shares, Germany's DAX and France's CAC 40 all fell as much as 1 percent in early trade but then rebounded into positive territory.

  • MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, after U.S. shares rallied on Friday, shrugging off growing expectations of further tightening in monetary policy. But Japan's Nikkei stock index ended down 0.5 percent on worrying economic data and reports that Japan's sales tax increase would be implemented after all, quashing...

  • MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6 percent, after U.S. shares rallied on Friday, shrugging off growing expectations of further tightening in monetary policy. But Japan's Nikkei stock index extended losses, shedding 1.1 percent on worrying economic data and reports that Japan's sales tax increase would proceed as planned.

  • *Dollar/yen falls on Japan trade data, weaker Nikkei. TOKYO/ SYDNEY, May 23- The dollar fell versus the yen on Monday, dragged lower by sliding Tokyo stocks and data showing Japan logged a much larger-than-expected trade surplus in April. Japan logged a trade surplus for the third consecutive month.

  • TOKYO, May 23- Asian shares rose on Monday after a solid session on Wall Street, while the dollar held near recent highs against major rivals as investors bet that the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, after Wall Street rallied on Friday, shrugging off growing expectations of tighter monetary policy.

  • Oracle

    TIAA Global Asset Management's Stephanie Link on how to spot a value pick, and 2 names she recommends buying.

  • Relationship between oil and stocks weakens

    The correlation between crude and the S&P 500 is dropping. Nick Colas of Convergex and Chad Morganlander of Stifel Nicolaus discuss with Brian Sullivan.