Archive US: Trading

  • *Fed offers no hints on monetary policy outlook. TOKYO, April 28- The dollar and U.S. stock futures edged up in the wake of the U.S. The BOJ's policy decision, which is often announced around noon in Tokyo, or 0300 GMT, will be a close call at this meeting.

  • *US stocks edge up after Fed statement. NEW YORK, April 27- Wall Street stocks edged up, U.S Treasury debt yields fell, and oil prices rose to the highest level of the year on Wednesday after the Federal Reserve signalled it was in no hurry to change policy. "The big takeaway here is they continued to be positive on the domestic economy," said John Bailer, senior portfolio...

  • NEW YORK, April 27- Expectations for chemical company earnings have been boosted by a combination of lower crude oil costs during the commodity's slump along with strong demand for plastics that are used to make everything from shampoo bottles to grocery bags. Last week, LyondellBasell Industries beat consensus estimates, and estimates for Westlake...

  • NEW YORK, April 27- The technology sector has taken it on the chin in recent days, after lukewarm-to-disappointing results from a range of bellwethers such as Apple, Alphabet and Microsoft, but stocks of smaller tech companies have managed to buck the downtrend. "The smaller names aren't in everybody's portfolio, the bigger names are, that's why I would assume...

  • Should you sell in May?

    “Sell in May and go away” is a well-worn rhyme, but it could actually be good investment advice. University of Miami associate professor Michael Fuerst discusses with Brian Sullivan.

  • Bull market sets major milestone

    This about to become the second-longest bull market in history. Erin Gibbs of S&P Investment Advisory and Chris Verrone of Strategas Research Partners discuss with Brian Sullivan.

  • CHICAGO, April 27- U.S. corn and wheat futures fell on Wednesday, setting back from two days of gains on profit taking as speculators locked in gains on recent short-covering rallies, traders said. "The funds have gotten heavy long up here," said Mark Gold, managing partner with Top Third Ag Marketing in Chicago. Chicago Board of Trade soybeans for May delivery ended up...

  • *US stocks mixed after Fed statement. NEW YORK, April 27- Wall Street stocks were steady, U.S Treasury debt yields fell sharply, and oil prices rose to their highest level of the year on Wednesday after the Federal Reserve announced it would keep U.S. interest rates unchanged. Oil prices turned upward, with Brent crude, the international benchmark, up more than 3.0...

  • This is a tremendous buying opportunity in Apple

    Apple shares tumbled Wednesday after poor earning spooked investors, but according to one trader now is the time to buy.

  • *Apple, Twitter weigh on global tech stocks. NEW YORK, April 27- Disappointing results from Apple and Twitter hurt world technology stocks on Wednesday, while the U.S. dollar weakened ahead of a policy announcement by the Federal Reserve, pushing oil prices to 2016 highs. Wall Street was lower in early trading ahead of the Fed decision.

  • *Fed to release statement at 2 p.m. ET. April 27- Wall Street was dragged lower on Wednesday, ahead of a policy decision by the U.S. Investors are also awaiting a Fed decision on rates at 2 p.m. ET.

  • April 27- Shares of Red Rock Resorts Inc fell 5 percent in their debut on Wednesday, valuing the Las Vegas- based casino operator at $2.14 billion. At the time, the company operated under the name Station Casinos. Station Casinos filed for bankruptcy in 2009, under the burden of debt from the leveraged buyout and a struggling Las Vegas economy.

  • *Fed to release statement at 2 p.m. ET. Apple's shares were down 7 percent at $97.09 after its first revenue decline in 13 years, while Twitter slumped 16 percent to $14.91 after its revenue missed expectations. "I don't think the Fed is going to raise rates today but they are starting to lean towards the possibility of a hike and are going to buy themselves some...

  • April 27- Wall Street was set to open lower on Wednesday after Apple's first revenue decline in 13 years stirred investor concerns regarding the health of corporate earnings ahead of a policy decision by the Federal Reserve. Dow component Apple's shares were down 8 percent at $95.97 in premarket trading, while Twitter slumped 14.8 percent to $15.12 after its...

  • April 27- U.S. stock index futures were lower on Wednesday after Apple's first revenue decline in 13 years stirred investor concerns ahead of a policy decision by the Federal Reserve. *Apple shares were down 7.5 percent at $96.52 in premarket trading, while Twitter slumped 14.1 percent to $15.25 after its revenue missed expectations. *Economists polled by...

  • LOS ANGELES, April 26- Chipotle Mexican Grill Inc reported its first ever quarterly loss, after food giveaways failed to lure back large numbers of paying customers turned off by a string of food safety lapses last year. Shares of the Denver- based burrito chain fell almost 5 percent after the first quarter results. Sales at established Chipotle restaurants fell...

  • Earlier, the U.S. Commerce Department reported U.S. durable goods orders recovered far less than expected in March as demand for cars, computers and appliances slumped, dragging down the U.S. dollar. The data came as Federal Reserve officials started a two-day policy meeting in Washington, D.C. Policymakers are expected to hold interest rates steady but may be...

  • *March durable goods orders miss expectations. April 26- The S&P 500 hovered near the unchanged mark on Tuesday, buoyed by gains in energy and materials as soft economic data weakened the dollar, giving commodities support. "Commodities and oil are up, the dollar trending lower, the things that started this rally are still there but there's a pause on temporary...

  • Will traders start caring about the election?

    Craig Johnson of Piper Jaffray and “Crossing Wall Street” blog editor Eddy Elfenbein discusses the connection between politics and the market with Dominic Chu.

  • Is there still a reason to own Apple?

    With the tech giant set to log its first revenue decline in more than a decade, Piper Jaffray’s Craig Johnson and “Crossing Wall Street” editor Eddy Elfenbein talk Apple’s future with Dominic Chu.