Archive US: Trading

  • Aug 19- U.S. stock index futures were lower on Friday after a week of choppy trading as the corporate earnings season winds down and investors again focus on the timing of the Federal Reserve's next interest rate hike. Investors were also cagey ahead of next week's annual meeting of central bankers from around the world in Jackson Hole, Wyoming, in which Fed Chair...

  • LONDON, Aug 19- Emerging equities slipped on Friday after comments from U.S. Comments in favour of a hike soon came from San Francisco Federal Reserve Bank President John Williams and his New York counterpart William Dudley. Nevertheless, the confusion meant EM stocks struggled to make headway on Friday, with emerging Europe opening weaker after a lacklustre...

  • Aug 19- Hong Kong shares finished lower on Friday as investors are cautious about the coming central bank chiefs' meeting in Wyoming. Analysts in Hong Kong expect the new VCM will only have very limited impact on the overall market. And they welcome the approval of a long-anticipated Shenzhen- Hong Kong stock connect scheme and hope to see fund flows from mainland...

  • SINGAPORE/ TOKYO, Aug 19- Asian stocks retreated on Friday as traders took profits from shares close to one-year highs, while the dollar edged up from a near eight-week low after some Federal Reserve officials reiterated the case for raising interest rates in coming months. European stocks looked set for a similar soggy start, with spreadbetters expecting...

  • *Jackson Hole meeting eyed next week. TOKYO, Aug 19- Japan's Nikkei share average was flat in choppy trade on Friday morning as investors remained wary over the strength of the yen, which has taken a heavy toll on exporters and the broader market this week. "Comments from Fed officials are influential, so we will continue to monitor the forex market which has a big...

  • Russia ETF sees big bullish turnaround

    After diving in 2015, Russian equity tracking ETF RSX has surged this year. Are more gains ahead? Boris Schlossberg of BK Asset Management and Tim Seymour of Triogem Asset Management discuss with Brian Sullivan.

  • Early Christmas coming for retail stocks?

    Boris Schlossberg of BK Asset Management says retail stocks are set to surge. He and Tim Seymour of Triogem Asset Management discuss with Brian Sullivan.

  • *Energy stocks gain as Brent crude top $50/ bbl. Aug 18- U.S. stocks edged higher in Thursday afternoon trading as gains in energy shares and in Wal-Mart offset telecom's losses. The energy index was up 1.6 percent after Brent crude topped $50 per barrel for the first time in six weeks as major producers prepared to discuss a possible freeze in output.

  • *Wall St flat, drop in tech stocks offsets oil gains. NEW YORK, Aug 18- World equity markets advanced on Thursday, helped by positive U.S. labor market data and comments from an influential Federal Reserve policymaker about strong hiring gains in recent months, while higher oil prices lifted energy sector stocks. Strong recent U.S. jobs growth and a long-awaited...

  • One trader's big call on Netflix

    Andrew Keene of AlphaShark.com breaks down his Netflix trade; he sees potential upside in store for the streaming service.

  • *Energy stock gains as Brent crude top $50/ bbl. Aug 18- Wall Street pared earlier gains and was little changed in early afternoon trading on Thursday, as a drop in technology stocks offset gains in energy companies on the back of higher oil prices. "Yesterday's minutes didn't hold any major surprises for investors," said Thomas Wilson, Managing Director of Wealth...

  • *Brent crude tops $50/ bbl, boosting energy stocks. Aug 18- Wall Street was slightly higher in late morning trading on Thursday, boosted by a jump in Wal-Mart shares and higher oil prices. Oil stocks rose as Brent crude went above $50 per barrel for the first time in six weeks after major producers prepared to discuss a possible freeze in output.

  • *Wall Street modestly higher thanks to energy shares, Wal-Mart. NEW YORK, Aug 18- World stock markets moved higher as oil prices rose and the dollar sank to a near eight-week low on Thursday after minutes from the U.S. Wall Street was also underpinned by strong gains from Wal-Mart, which rose as much as 3.1 percent to $75.19- a more than 14- month high- after the retailer...

  • Aug 18- Wall Street was little changed in early trading on Thursday as the impact of a rise in oil prices and strong results at Wal-Mart was offset by weakness in consumer discretionary and financial stocks. Dow component Wal-Mart rose as much as 3.1 percent to $75.19- a more than 14- month high- after the retailer posted a better-than-expected quarterly profit.

  • *While traders have almost completely ruled out a hike in September, they have priced in a 41.7 percent chance for a move in December- down from 45.1 percent on Wednesday, according to CME Group's FedWatch tool. *New York Fed President William Dudley, who on Tuesday unnerved the markets by saying a rate hike was possible in September, is scheduled to give a press...

  • SAO PAULO, Aug 17- Latin American stocks were mixed on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers agree they need more economic data before raising U.S. interest rates. Mexico's blue-chip IPC index closed down 0.19 percent, with shares in Grupo Financiero Banorte among the top fallers. Mexico's peso closed down 0.41...

  • Aug 17- U.S. stocks ended slightly higher on Wednesday after minutes from the Federal Reserve's last policy meeting showed voting members divided over whether to raise interest rates soon. On Tuesday, stocks slipped after New York Fed President William Dudley said a rate hike as soon as September was possible given evidence of wage gains.

  • Is the election spurring volatility fears?

    Jacob Weinig, founding partner of Malachite Capital, discusses the volatility index and the presidential election in an interview with Brian Sullivan.

  • Gold’s relationship with stocks gets extreme

    The correlation between gold and the S&P 500 is at its lowest level on record. Tim Seymour of Triogem Asset Management and Stacey Gilbert of Susquehanna discuss the significance of this relationship with Brian Sullivan.

  • *Wall Street stocks close higher after Fed statement. NEW YORK, Aug 17- Wall Street stocks turned positive while the dollar edged lower on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers may be on the road to raising U.S. interest rates but will need to see more economic data before pulling the trigger. But the timing of that is...