×

Archive US: Trading

  • Jan 31- U.S. stocks were lower on Tuesday, dragged down by technology and industrial shares, amid disappointing earnings and weak consumer confidence data. The selling comes a day after Wall Street recorded its worst day of 2017, as investors turned wary about the consequences of President Donald Trump's isolationist policies such as curbing travel to the...

  • *OPEC achieves 82 percent compliance with output cuts. NEW YORK, Jan 31- Oil prices rose nearly 2 percent on Tuesday after news OPEC oil production has fallen sharply this month and the dollar sank. "This is very high, a good number," an OPEC source said of the January compliance estimate.

  • NEW YORK, Jan 31- The dollar headed for its worst start to a year in over a decade on Tuesday, while stocks cemented their biggest losses in six weeks as U.S. President Donald Trump added uncertainty to the market following stringent curbs on travel to the United States. Comments from Trump's top trade adviser, Peter Navarro, that Germany was using a "grossly...

  • Jan 31- U.S. stocks opened lower on Tuesday as investors turned risk averse after disappointing earnings from a raft of companies and uncertainty following President Donald Trump's recent decisions. Enthusiasm over fiscal stimulus under the new administration has been tempered by worries over Trump's isolationist policies such as travel restrictions...

  • NEW YORK, Jan 31- Most U.S. Federal Reserve is expected to keep interest rates unchanged when it concludes its meeting on Wednesday, in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies. "The Fed tomorrow will be interesting in gauging the near-term policy bias, but no-one's...

  • Jan 31- U.S. stocks looked set to open lower on Tuesday following disappointing results from a clutch of Dow stocks and as investors fretted over President Donald Trump's policies. Investors' enthusiasm about fiscal stimulus under the new administration has been tempered by worries over Trump's isolationist policies such as travel restrictions to the...

  • *Shares marginally up at $75.05 premarket. Eli Lilly said newer drugs generated sales of $706.7 million in the fourth quarter ended Dec. 31, up from $252.5 million a year earlier. "Newly launched products, including Trulicity, Cyramza, Jardiance and Taltz, led Lilly's volume-driven growth in 2016," said Chief Executive Officer David Ricks, who assumed the role on...

  • Exxon took a $2 billion charge to write down the value of Rocky Mountain natural gas assets, a rare move for a company that typically eschews such accounting methodologies. Fourth-quarter earnings fell to $1.68 billion, or 41 cents per share, from $2.78 billion, or 67 cents per share, in the year-ago period. Excluding the $2 billion writedown, Exxon earned 90 cents...

  • The Milwaukee- based company's shares were down nearly 4 percent at $55.65 in premarket trading on Tuesday. Shipments have been hurt as foreign competitors such as Japan's Honda Motor Co Ltd and Indian motorcycle maker Polaris Industries Inc have cut prices to entice new buyers. Harley's rivals also include Kawasaki Heavy Industries Ltd, as well as Germany's...

  • NEW YORK, Jan 30- Major world equity markets fell on Monday and the dollar slipped against the safe-haven yen after new U.S. immigration curbs stirred concerns about the impact of U.S. Stocks posted their worse day so far this year on Wall Street after Trump's executive order on Friday, to bar Syrian refugees and suspend travel to the United States from seven...

  • Why a gloomy February could be ahead for stocks

    Historical performance suggests that the market will suffer a rough month, according to Jonathan Krinsky of MKM Partners. He discusses with Eddy Elfenbein of the Crossing Wall Street blog and Brian Sullivan.

  • Bold play: Trader explains why he’s buying bonds

    Todd Colvin of Ambrosino Brothers is a bond market bull. He discusses the Treasury trade with Brian Sullivan.

  • Energy stocks tank

    The energy sector takes it on the chin. Jonathan Krinsky of MKM Partners and Eddy Elfenbein of the Crossing Wall Street blog discuss with Brian Sullivan.

  • NEW YORK, Jan 30- Most U.S. "This week is very busy... we have a packed data calendar," said Thomas Simons, a money market economist at Jefferies in New York. "Today is all about the Microsoft deal... that is causing an overhang in the market," said Tom Tucci, head of Treasuries trading at CIBC in New York.

  • How one trader is playing volatility as stocks sell off

    Todd Gordon of TradingAnalysis.com bets on the CBOE Volatility Index.

  • NEW YORK, Jan 30- Equity markets fell across the world on Monday and the dollar slipped against the safe-haven yen after immigration curbs introduced by Donald Trump stirred concerns about the impact of the U.S. president's policies on global trade and the economy. Stocks fell about 1 percent on Wall Street and Europe after Trump's executive orders on Friday to...

  • NEW YORK, Jan 29- U.S. equity index futures opened down about 0.2 percent on Sunday after U.S. Trump put a 120- day hold on allowing refugees into the country, an indefinite ban on refugees from Syria and a 90- day bar on citizens from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. "Stocks may react negatively for two reasons," said David Kotok, chairman and chief...

  • *Fourth-quarter GDP up 1.9 pct vs est. 2.2 pct. NEW YORK, Jan 27- U.S. stocks edged lower for a second consecutive session on Friday as some underwhelming corporate earnings and gross domestic product data offset recent enthusiasm over policy actions by President Donald Trump. Chevron fell 2.4 percent to $113.79 after its quarterly profit fell short of analysts'...

  • Trump has spurred a surge in economic optimism: Deutsche Bank economist

    Torsten Slok, chief international economist at Deutsche Bank, discusses economic expectations and what it could all mean for stocks with Brian Sullivan.

  • VIX falls to multi-year low – here’s what that means for stocks

    The CBOE Volatility Index has plunged. Craig Johnson of Piper Jaffray and Max Wolff discuss what that means for stocks with Brian Sullivan.