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Archive US: Trading

  • Soybeans extended early declines after the USDA raised its forecast of global soybean stocks at the end of the 2016-17 marketing year to 87.41 million tonnes, from 82.82 million in March and well above an average of trade estimates for 83.91 million. The USDA pegged Brazil's crop at 111 million tonnes, up from 108 million last month. "They pumped up Brazil and...

  • "The company has a very black eye, and they need to do some PR work, but I dont think it will have any effect on the fundamentals," said portfolio manager Craig Hodges of Hodges Capital in Dallas. According to Tyler Bridges, a passenger who was on board the flight from Chicago to Louisville, Kentucky, the man who was dragged off before takeoff said repeatedly that he was...

  • SAO PAULO, April 11- Brazilian airline stocks surged on Tuesday as an end to limits on foreign capital and the sector's first new listing in more than a decade opened the door to more investment in the industry amid an incipient recovery and a wave of airport privatizations. Shares of Azul SA jumped as much as 9 percent in their market debut after a...

  • Treasury yields fell on Tuesday for a second straight day as anxiety about possible U.S. military strikes against Syria and North Korea and the outcome of the French presidential election spurred safe-haven demand for U.S. government debt. "Any escalation in geopolitical concerns could push us back lower in yields," said Justin Lederer, Treasury strategist at...

  • SAO PAULO, April 11- Preferred shares in Brazilian airline Azul SA opened at 21.85 reais in its market debut on Tuesday, 4 percent higher than the 21 reais price of its initial public offering, underscoring firming investor demand for the sector. The dual offering in São Paulo and New York valued Azul at $2.4 billion. Signs of an economic recovery and an reports of a...

  • Treasury yields fell on Tuesday for a second straight day as anxiety about possible U.S. military strikes against Syria and North Korea and the outcome of the French presidential election spurred demand for low-risk government debt. "Any escalation in geopolitical concerns could push us back lower in yields," said Justin Lederer, Treasury strategist at...

  • April 11- Shares of United Airlines parent United Continental Holdings Inc fell, after a passenger who appeared to be Asian was physically dragged off a flight on Sunday, prompting a backlash on Chinese social media on Tuesday. United Airlines' decision to drag the passenger off a flight from Chicago to Louisville on Sunday attracted more than 130 million views...

  • *Financials decline ahead of bank earnings later this week. NEW YORK, April 10- U.S. stocks ended a choppy session slightly higher on Monday as gains in energy shares offset losses in financials ahead of quarterly corporate earnings later this week. Secretary of State Rex Tillerson said on Sunday the military strikes against Syria over its alleged use of...

  • *Investors wary of developments in Europe, Syria, North Korea. Treasury yields fell on Monday as jitters about the French presidential election, concerns about North Korea and tension between U.S. and Syria underpinned safe-haven demand for U.S. government debt. Polls released on Monday showed a tight first-round French presidential contest on April 23, led by...

  • *Investors wary of developments in Europe, Syria, North Korea. Treasury yields fell on Monday as jitters about the French presidential election, concerns about North Korea and tension between U.S. and Syria underpinned safe-haven demand for U.S. government debt. Polls released on Monday showed a tight first-round French presidential contest on April 23, led by...

  • The best retail stocks to buy now

    Retail stocks, as a group, have been battered this year. But that may present some nice opportunities. Ari Wald of Oppenheimer and Eddy Elfenbein of the Crossing Wall Street Blog discuss with Dominic Chu.

  • Is the European outperformance a reason to bet on American equities? Ari Wald of Oppenheimer and Eddy Elfenbein of the Crossing Wall Street Blog discuss with Dominic Chu.

  • NEW YORK, April 10- U.S. stocks were higher in choppy trading Monday as gains in energy shares offset losses in financials ahead of quarterly earnings later this week. The index is currently trading at 17.4 times forward earnings estimates, above its long-term average of 15, according to Thomson Reuters data. JPMorgan, Citigroup and Wells Fargo are scheduled to...

  • Trader bets against banks ahead of earnings

    Todd Gordon of TradingAnalysis.com bets against financials ahead of a big week for bank earnings.

  • *Oil up 1 pct as Syria, Libya oilfield shutdown support prices. NEW YORK, April 10- Wall Street stock indexes rose on Monday as higher oil futures boosted the energy sector and investors placed their bets ahead of the U.S. quarterly corporate earnings season. In commodities, oil prices rose around 1 percent, supported by strong demand and uncertainty over the...

  • *U.S. to sell $24 billion 3- year notes at 1 p.m. EDT. "The auctions this week are going to be a challenge," said Sharon Stark, fixed income strategist at InCapital LLC in Boca Raton, Florida. The U.S. Treasury Department will sell $20 billion in 10- year notes on Tuesday and $12 billion in 30- year bonds on Wednesday.

  • April 10- U.S. stocks were set to gain the most in nearly two weeks late-Monday morning as higher oil prices lifted energy stocks, while investors braced for big banks to kick off the first-quarter earnings season later in the week. JPMorgan, Citigroup and Wells Fargo are scheduled to report earnings on Thursday and could throw some light on the U.S. banking...

  • *Investors are keenly watching the quarterly results to justify lofty market valuations following a post-election rally, sparked off by bets that President Donald Trump would introduce pro-growth policies. *Federal Reserve Chair Janet Yellen is scheduled to speak in Michigan after markets close. *Wall Street closed slightly lower on Friday after a...

  • Investors have grown increasingly nervous after last week's U.S. attack on a Syrian air base which Russia and Iran said had crossed a "red line", though top aides of President Donald Trump aired differing views on where Washington's policy was heading. Meanwhile, Washington also looks likely to flex its muscles over North Korea's advancing weapons program,...

  • *March U.S. jobs growth lowest since last May. NEW YORK, April 7- Wall Street's three major indexes edged lower on Friday in a choppy session as investors grappled with a weaker-than-expected job report, the U.S. airstrike in Syria and a top Federal Reserve official's comments on trimming the U.S. central bank's balance sheet. The market rallied sharply after...