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Archive US: Trading

  • *Fred's higher after Alden Global Capital reports stake. Dec 23- Wall Street ended the week on a positive note on Friday as investors doubled down on a rally fueled by optimism that President-elect Donald Trump's policies will boost economic growth. We can do it, but it's going to take a catalyst to move investors, "said Jeff Kravetz, a Phoenix- based regional...

  • *Wall Street stocks little moved in thin trading. *Wall Street stocks rise for the week, Dow still below 20,000. NEW YORK, Dec 23- Key stock indexes around the world were little changed on Friday, as were the U.S. dollar and U.S.

  • Trader makes a bet on the VXX

    Todd Gordon is making a bet on the VXX ETF as he intends to buy "cheap insurance" against some of his long positions.

  • *Fred's higher after Alden Global Capital reports stake. Dec 23- Wall Street was flat on Friday as investors refrained from making big bets ahead of the holiday season, but the three major indexes were still on track to post weekly gains. We can do it, but it's going to take a catalyst to move investors, "said Jeff Kravetz, a Phoenix- based regional investment director of...

  • NEW YORK/ LONDON, Dec 23- Gold edged higher on Friday as the dollar retreated from this week's 14- year high and some buyers were tempted to take advantage of prices near a 10- month low after six weeks of decline. Bullion has fallen more than $200 an ounce from the peak it hit after Donald Trump's U.S. presidential election victory on Nov. 8, reaching a low last week of...

  • *Fred's higher after Alden Global Capital reports stake. Dec 23- Wall Street was lower in afternoon trading on Friday as investors held back from making big bets ahead of the holiday season, but the three major indexes were still on track to post weekly gains. "There's really nothing to move the market one way or another," said Mohannad Aama, managing director at Beam...

  • Dec 23- Wall Street treaded water in light pre-holiday trading on Friday, with the three major indexes on track to post weekly gains. "There's really nothing to move the market one way or another," said Mohannad Aama, managing director at Beam Capital Management in New York. Following a sharp rally since the Nov. 8 U.S. election, the Dow is up about 14 percent for the year...

  • *Wall Street little moved in thin trading. NEW YORK, Dec 23- Key stock indexes around the world were little changed, as were the dollar and U.S. "We're a little stronger, the curve is a little flatter, but volume has been anemic," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • *Strong dollar, commodities show demand pick-up- Ayers Alliance. Brent crude for February delivery dropped 19 cents, or 0.4 percent, to $54.86 a barrel as of 0755 GMT after ending 1.1 percent higher on Thursday. Oil prices are also weaker due to the stronger dollar, "said Jonathan Barratt, chief investment officer at Ayers Alliance in Sydney.

  • *Asia ex- Japan stocks set to end the week lower. SINGAPORE, Dec 23- Asian stocks retreated in subdued trade on Friday after Wall Street took a breather from its surge since the U.S. election, while the dollar hovered below the 14- year high set earlier this week. European markets look set to open flat to slightly lower, with financial spreadbetter IG Markets expecting...

  • SINGAPORE, Dec 23- Oil prices slipped on Friday in thin Asian trade ahead of the Christmas and New Year holidays, eroding some of the gains in the previous session as traders took profits. Brent futures for February delivery dropped 20 cents, or 0.4 percent, to $54.85 a barrel as of 0616 GMT after ending the previous session up 1.1 percent. Oil prices are also weaker...

  • SINGAPORE, Dec 23- Oil prices slipped on Friday in thin Asian trade ahead of the Christmas and New Year holidays, eroding some of the gains in the previous session as traders took profits. Brent futures for February delivery dropped 23 cents, or 0.4 percent, to $54.82 a barrel as of 0425 GMT after ending the previous session up 1.1 percent. Oil prices are also weaker...

  • *Asia ex- Japan stocks set to end the week lower. SINGAPORE, Dec 23- Asian stocks stepped back in subdued trade on Friday as Wall Street took a breather from its relentless rise since the U.S. election, while the dollar hovered below its 14- year high set earlier this week. MSCI's broadest index of Asia-Pacific shares outside Japan, which touched a five-month low on...

  • Q3 GDP growth 3.5 pct vs estimated 3.3 pct. Dec 22- U.S. stocks fell on Thursday, weighed down by weakness in retailers, as investors stepped back from a recent rally fueled by optimism that President-elect Donald Trump will invigorate economic growth. Following a sharp rally since the Nov. 8 U.S. election, the Dow is up about 14 percent for the year and the S&P 500 is 11...

  • NEW YORK, Dec 22- Stock markets around the globe dipped and U.S. equities posted their first back-to-back daily declines of the month on Thursday as the rally that has sent Wall Street shares to record highs since Donald Trump's U.S. election victory paused ahead of the Christmas holiday weekend. Some investors believe recent gains may have made stocks too...

  • Citi economist Bill Lee: Investors are too optimistic

    The optimism around president-elect Donald Trump has gotten out of hand, says William Lee of Citigroup. He discusses with Eric Chemi.

  • NEW YORK/ LONDON, Dec 22- Gold prices eased on Thursday as the dollar advanced in choppy trade and on expectations that the U.S. Spot gold was down 0.27 pct at $1,128.4 per ounce by 2:53 p.m. EST, and most-active U.S. gold futures for February delivery settled down $2.5, or 0.22 percent, at $1,130.70 per ounce. "Despite the current retreat in the dollar, traders have...

  • Dec 22- U.S. stocks fell on Thursday as investors stepped back from a recent rally fueled by optimism that President-elect Donald Trump will invigorate economic growth. Some investors believe that recent gains may have made stocks too expensive, and that Congress may water down or prevent major infrastructure spending or tax cuts proposed by Trump.

  • One trader's bet on a casino stock

    Andrew Keene of AlphaShark.com is bullish on MGM Resorts.

  • Dec 22- U.S. stocks were lower in early afternoon trading on Thursday, dragging the Dow Jones Industrial Average further away from 20,000, a level it has never breached. U.S. stocks have rallied since the Nov. 8 election, with the Dow up about 9 percent and the S&P 500 gaining 6 percent on bets that the economy would benefit from President-elect Donald Trump's plans...