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Archive US: Trading

  • Is the market getting the Fed wrong… again?

    After years of thinking the Fed would be more hawkish than it turned out to be, are investors now making the opposite mistake? Craig Johnson of Piper Jaffray and Eddy Elfenbein of the Crossing Wall Street blog discuss with Eric Chemi.

  • The stocks that are soaring after Trump’s win

    Industrial metals stocks are ripping higher after Donald Trump’s victory. Are more gains ahead? Craig Johnson of Piper Jaffray and Eddy Elfenbein of the Crossing Wall Street blog discuss with Eric Chemi.

  • *Financials, top gainers in recent rally, lead decliners. New York- Nov 16- The S&P and the Dow fell on Wednesday as financial stocks ended their seven-day rally, but gains in technology shares kept the Nasdaq in positive territory as investors continued to prepare their portfolios for a Donald Trump presidency. "You've got a little bit of a hangover from the Trump...

  • Trader bets against the market

    Andrew Keene of AlphaShark thinks the market is going to sell off, so he's looking to play SPY long-term.

  • NEW YORK, Nov 16- U.S. homeowners and potential buyers are feeling the sting from the global bond market sell-off stemming from Donald Trump's stunning U.S. presidential victory as mortgage rates posted their biggest weekly rise in 3-1/ 2 years. A measure of U.S. mortgage application activity fell to a 10- month low as 30- year mortgage rates jumped to their...

  • NEW YORK, Nov 16- The U.S. dollar index dipped after hitting a near 14- year high on Wednesday while oil prices swung in a volatile session as traders were caught between a build in U.S. stockpiles and the chance of an output cut. Declines in bank stocks more than offset gains in the technology sector on Wall Street. "We had a pretty sharp rally off the election and it was...

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a much higher-than-expected quarterly profit after benefiting from a strong back-to-school shopping season and increased online sales, and it gave an optimistic outlook for the all-important holiday period. The Minneapolis- based retailer's shares, which had been down nearly 2 percent year to date, rose 7.7...

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a higher-than-expected quarterly profit and raised its fiscal-year forecast after benefiting from a strong back-to-school shopping season and higher online sales. The Minneapolis- based retailer's shares, which had been down nearly 2 percent year to date, rose 8.1 percent to $77.22 in morning trading.

  • *Financial, rally's top gainers, lead declines. Nov 16- Wall Street opened lower on Wednesday- a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win- as investors brace for higher interest rates. The Fed will hike rates in December barring any major shocks, policymaker James Bullard said.

  • *Dollar index rises to 14- year high. Nov 16- Wall Street looked set to take a breather on Wednesday, a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win. "We had a pretty sharp rally off the election and it was pretty impressive, but it seems pretty clear to me that sort of emotional reaction, if you will, is now long off," said...

  • The Minneapolis- based retailer's shares were up more than 9 percent at $78.20 in premarket trading and are set to open at about a six-month high. Target expects fiscal-year earnings of $5.10 to $5.30 per share, excluding special items, up from a prior outlook of $4.80 to $5.20. Net income attributable to Target rose to $608 million, or $1.06 per share, in the third...

  • CHICAGO, Nov 16- Target Corp on Wednesday reported a nearly 11 percent increase in quarterly earnings and raised its fiscal-year forecast after benefiting from a strong back-to-school shopping season, and its shares rose more than 6 percent. Target said it now expected fiscal-year earnings of $5.10 to $5.30 per share, excluding special items, up from a prior...

  • CHICAGO, Nov 16- Target Corp reported a nearly 11 percent increase in quarterly profit on Wednesday, helped by a strong back-to-school shopping season, sending its shares up 6 percent in pre-market trade. Net income attributable to the Minneapolis- based retailer rose to $608 million, or $1.06 per share in the third quarter ended Oct. 29, from $549 million, or 88...

  • NEW YORK, Nov 15- Oil prices jumped nearly 6 percent on Tuesday on bets OPEC members will agree to cut output when they meet later this month, while stocks rose, led by recently lagging technology shares. Crude oil gains in post-settlement trade gave an extra boost to energy-sector shares, further lifting stock indexes on Wall Street. That's propelled them higher...

  • Nov 15- U.S. stocks rose on Tuesday, with the Dow registering its fourth consecutive record high close as tech stocks rebounded from a post-election battering and energy stocks were boosted by a sharp rise in oil prices. That's propelled them higher as the day went on, "said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.

  • Who has it right – stocks or bonds?

    Stock investors have calmed down, while bond investors have gotten jittery. So who’s right about what’s ahead for the economy? Matt Maley of Miller Tabak and Gina Sanchez of Chantico Global discuss with Brian Sullivan.

  • Will the S&P 500 hit fresh record highs this year?

    Matt Maley of Miller Tabak and Gina Sanchez of Chantico Global weigh in on what’s ahead for stocks, with Brian Sullivan.

  • NEW YORK, Nov 15- The dollar rose on Tuesday to an 11- month high against a basket of currencies as a surprisingly large gain in October U.S. retail sales lifted bond yields to 10- month peaks and supported the outlook for an interest rate increase next month. "It's more a pause day, perhaps marking a period of consolidation for bonds and the dollar," said Omer Eisner,...

  • NEW YORK, Nov 15- Oil prices jumped nearly 6 percent on Tuesday on bets OPEC members will agree to cut output, while stocks edged higher, led by technology shares that had fallen recently. Crude oil gains in post-settlement trade gave an extra boost to energy shares, further lifting stock indexes on Wall Street. "Last week's rally was basically a digestion of Trump's...

  • *U.S. two-year yields hit 10- month peak. NEW YORK, Nov 15- U.S. 30- year Treasury bond prices rose on Tuesday, after falling five straight sessions as investors took a breather selling government debt in the wake of a higher inflation outlook under the administration of President-elect Donald Trump. "The post-election consensus... is that an anticipated pick-up in...