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  • Financial sector stumbles to start 2016

    What's behind the financial lag? Boris Schlossberg and Gina Sanchez discuss with Brian Sullivan.

  • April 8- A sharp rally in crude oil and energy shares kept U.S. stocks in positive territory on Friday, but indexes were on track to post losses for the week and a drop in shares of biotechs kept a lid on the Nasdaq. The index has mostly rallied since mid-February along with oil prices and as worries over China eased. Peter Kenny, senior market strategist at Global...

  • *Oil climb lifts stocks in U.S., Europe. Stocks on Wall Street and in Europe were lifted by energy names, with Brent and U.S. crude oil jumping more than 6 percent as drawdowns in U.S. crude stockpiles fed hopes a punishing global glut that has persisted for nearly two years may be nearing tipping point. "Crude oil continues to be one of the two principal drivers of equity...

  • April 8- A sharp rally in crude oil drove gains on the S&P 500 and the Dow on Friday, but a fall in healthcare and technology stocks pushed the Nasdaq into negative territory. Fed Chair Janet Yellen said on Thursday that the U.S. economy was on "a solid course," while New York Fed President William Dudley said on Friday a cautious and gradual approach to raising rates was...

  • *Oil climb lifts stocks in U.S., Europe. Stocks on Wall Street and in Europe were lifted by energy names, as both Brent and U.S. crude oil saw gains of more than 5 percent on hopes a global excess of crude could be nearing a tipping point. "You've kind of got this story of we are still expanding but there is a litany of risks, or weak points, to the expansion that could easily...

  • April 8- A strong rebound in oil pushed U.S. stocks higher on Friday, while investors took comfort in Federal Reserve Chair Janet Yellen's positive comments on the economy. Crude jumped more than 6 percent on rising hopes that top producers would agree to freeze output and positive economic indicators in the United States and Europe hinted at an increase in...

  • *But soaring crude output in Iraq, Iran compounds glut. LONDON, April 8- Oil prices rose on Friday, lifted by hopes that a punishing global excess of crude oil could be nearing a tipping point and firm economic indicators from the United States and Germany that cast a positive light on growth in fuel demand. "You have declining supply in the United States and a...

  • *But soaring crude output in Iraq, Iran compounds glut. LONDON, April 8- Oil prices rose on Friday, lifted by fresh hopes over a proposed freeze in oil production and firm economic indicators from the United States and Germany that cast a positive light on growth in fuel demand. "You have declining supply in the United States and a declining rig rate," said Bjarne...

  • LONDON, April 8- Gold fell on Friday as strength in equities prompted investors to cash in some of the previous day's gains, but remained on track for its biggest weekly rise in five as the Federal Reserve stayed cautious on U.S. rate hikes. Spot gold was down 0.4 percent at $1,236.00 an ounce at 0937 GMT, while U.S. gold futures for June delivery were flat at $1,237.50...

  • NEW YORK, April 7- Argentina will begin meeting investors Monday as it returns to the international bond market for the first time in 15 years and closes the book on a long and bitter battle with its creditors. A market pariah since a US $100 bn default in 2001, Argentina has made peace with litigant investors under the administration of new President Mauricio...

  • NEW YORK, April 7- U.S. Oil slipped around 1 percent and Wall Street stocks were down 1.5 percent. Federal Open Market Committee meeting released Wednesday at 2 p.m. highlighted concerns about the Federal Reserve's limited ability to tackle a global economic slowdown, reducing the odds of a rate increase this year.

  • Do you dare to buy Valeant?

    Valeant shares have plunged amid a wild accounting scandal. Erin Gibbs and Dennis Davitt discuss with Brian Sullivan.

  • Is volatility back?

    With the VIX rising, are volatile times here again? Dennis Davitt of Harvest Volatility Management and Erin Gibbs of S&P Investment Advisory discuss with Brian Sullivan.

  • April 7- U.S. stocks dropped Thursday as oil prices slid and worries about the global economy resurfaced, putting pressure on the dollar as investors fled riskier assets and sought safety in the yen and gold. "There's concern about a global slowdown," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut. While the Fed has...

  • *Dollar falls below 108 yen, first time since October 2014. NEW YORK, April 7- The dollar slumped again against the yen on Thursday in the wake of minutes from the last U.S. Investors were set to monitor an appearance by Janet Yellen at 5:30 p.m. EDT in a conversation with former Federal Reserve chairmen.

  • April 7- Wall Street was lower on Thursday as oil prices slid and minutes from the U.S. While the Fed has projected two rate increases this year, the market is pricing in a near 60- percent chance of a hike in December, according to CME Group's FedWatch Program. "Today, the yen is really the name of the game, because there's indications that Japan might not really be able...

  • *Dollar falls below 108 yen for first time since Oct 2014. NEW YORK, April 7- The dollar continued to weaken against the yen on Thursday in the wake of minutes from the last U.S. Investors were set to monitor an appearance by Janet Yellen on Thursday at 5:30 p.m. EDT in a conversation with former Federal Reserve chairmen.

  • Tech takes on rouge traders

    Colleen Graham, Chief Supervisory Officer at Signac, discusses Palantir and Credit Suisse's joint technology initiative to crack down on rogue traders.

  • NEW YORK, April 7- U.S. Oil was down more than 2 percent and Wall Street opened broadly lower. "The little bit of weakness in oil is certainly part of the equation there, and some of the negative correlation between equity and Treasury bond performance is still in place," said Mark Heppenstall, chief investment officer of Penn Mutual Asset Management in Horsham,...

  • April 7- Wall Street was lower on Thursday, led by a fall in the telecom sector, as investors worried about the uncertainty surrounding the Federal Reserve's plans to hike interest rates, amid fears of weak global growth. While the Fed has projected two rate increases this year, the market is pricing in a near 60- percent chance of a hike in December, according to CME...