Archive US: Trading

  • June 17- Wall Street ended lower on Friday as Apple dragged down major indexes and investors girded for Britain's vote next week on its European Union membership. The possibility that Britain will vote to leave the EU on June 23 has been rattling global markets. "I don't think we're going to escape this until Thursday," said Jim Paulsen, chief investment strategist...

  • Is the S&P's streak a warning sign for the market?

    The S&P 500 has failed to close lower by 1% or more in 50 straight sessions. Todd Gordon of TradingAnalysis.com and Erin Gibbs of S&P Global discuss with Dominic Chu.

  • NEW YORK/ LONDON, June 17- Gold rose more than 1 percent on Friday, supported by a softer dollar and cautious interest rate comments by a voting U.S. U.S. gold for August delivery settled down 0.3 percent at $1,294.80 an ounce, well below Thursday's peak of $1,315.55, the highest since August 2014. "Gold is reverting to its safe-haven role, in a situation where euro zone...

  • June 17- Wall Street dropped on Friday as Apple shares weighed on major indexes and investors girded for Britain's vote next week on its European Union membership. On Thursday, Wall Street had snapped a five-session streak of declines. "I think it's investors taking positions off the table here going into the last weekend prior to the' Brexit' vote," Chuck Carlson,...

  • NEW YORK, June 17- Sterling and bond yields rose on Friday as traders tried to assess whether the killing of a pro-EU British lawmaker may change the balance of opinions in Britain's upcoming referendum on European Union membership. Campaigning for Britain's June 23 EU referendum, which somewhat overshadowed this week's U.S. and Japanese central bank...

  • June 17- A drop in Apple dragged down all three major U.S. stock indexes on Friday even as investors remained wary of global economic growth worries and an impending referendum on Britain's European Union membership. Britain will vote on June 23, an event that has weaved in uncertainty across the globe, battering stocks and bond yields for the past week and...

  • NEW YOKR, June 17- Sterling and bond yields rose on Friday as traders tried to assess whether the killing of a pro-EU British lawmaker may change the balance of opinions in Britain's impending referendum on European Union membership. Campaigning for Britain's June 23 EU referendum, which overshadowed this week's U.S. and Japanese central bank meetings, was put...

  • *Sharp oil sell-off likely if Britain votes to leave EU- analyst. LONDON, June 17- Crude oil prices rose on Friday for the first time in seven days, but are set to end the week lower as trading remains volatile before Britain's June 23 referendum on its EU membership. Jessop said he would expect a sharp sell-off in oil if Britain votes to leave the EU, possibly sending...

  • *Sharp oil sell-off likely if Britain votes to leave EU- analyst. LONDON, June 17- Crude oil prices rose on Friday for the first time in seven days, but trading remains volatile less than a week before Britain goes to the polls over its EU membership. Jessop said he would expect a sharp sell-off in oil if Britain votes to leave the EU, possibly sending prices as low as $40...

  • 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...

  • 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...

  • 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...