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Archive US: Trading

  • *European stock markets climb, FTSE hits record high. LONDON, March 1- The dollar jumped and short-term U.S. Shares on Wall Street were expected to open higher, having hit record highs earlier this week, while gains in mining and bank stocks took Britain's blue-chip FTSE 100 index to an all-time high, buoyed by U.S. rate rise expectations and higher metals prices.

  • *Q4 adj. profit 86 cents/ shr vs. est. March 1- Lowe's Cos Inc forecast 2017 sales ahead of analysts' estimates and reported better-than-expected quarterly comparable-store sales as consumers continued to spruce up their homes or buy new ones. Homebuilding in the United States jumped 11.3 percent in December as a firming economy and higher wages due to a...

  • March 1- Lowe's Cos Inc forecast 2017 sales ahead of analysts' estimates and reported better-than-expected quarterly comparable-store sales as the company benefited from a strong housing market in the United States. Homebuilding in the United States jumped 11.3 percent in December as a firming economy and higher wages due to a tightening labor market...

  • LONDON, March 1- Basic resource stocks were the top performers in a rising European share market on Wednesday after U.S. President Donald Trump pledged $1 trillion of infrastructure spending in his first speech to Congress. The pan-European STOXX 600 index rose 1 percent, with Germany's DAX and France's CAC 40 outperforming peers, gaining 1.3 to 1.4 percent.

  • *Asia ex- Japan stocks down 0.2 pct; Nikkei up on weaker yen. *China, Japan Feb manufacturing activity beat expectations. "Investors had little to grasp, and market reaction during the speech was choppy and directionless," market strategists Paul Christopher, Scott Wren and Sameer Samana at Wells Fargo Investment Institute in St. Louis said.

  • Feb 28- U.S. stock futures were ahead late on Tuesday, indicating a higher open on Wednesday, after President Donald Trump's first address to Congress, which gave few specifics but confirmed his commitment to lowering tax and boosting infrastructure. In his speech, Trump said he wanted to boost the U.S. economy with tax relief, an overhaul of the Affordable Care Act...

  • *Asia ex- Japan stocks down 0.2 pct; Nikkei up on weaker yen. *China, Japan Feb manufacturing activity beat expectations. "Investors had little to grasp, and market reaction during the speech was choppy and directionless," market strategists Paul Christopher, Scott Wren and Sameer Samana at Wells Fargo Investment Institute in St. Louis said.

  • *Trump to address Congress at 9 p.m. EST. Feb 28- U.S. stocks slipped on Tuesday and the Dow snapped a 12- day streak of record closes as investors awaited President Donald Trump's address to Congress, while a disappointing outlook from Target dragged down retailers. Ahead of his address, due at 9:00 p.m. EST, Trump on Monday met U.S. state governors at the White House...

  • *World stock index dips with Wall Street. NEW YORK, Feb 28- Stocks in major markets dipped and the Dow snapped a streak of records while longer-dated Treasury yields fell as investors prepared for President Donald Trump's Tuesday night address to a joint Congress session. He can get some things done but it won't be as phenomenal as expected, "said Paul Eitelman,...

  • Retail tumbles, and the worst could still be ahead

    Target dragged down retail stocks Tuesday. Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • Russian stocks tumble

    The Russian market has had an awful month. Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss the next move with Brian Sullivan.

  • Trading a surging steel stock

    Shares of U.S. Steel are on an incredible run—can it continue? Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • *Trump to address Congress at 9 p.m. EST. Feb 28- U.S. stocks slipped Tuesday afternoon as a disappointing profit outlook from Target dragged down retailers and as investors braced for President Donald Trump's address to Congress. "The real question becomes how much patience does the market have," said Quincy Krosby, market strategist at Prudential Financial in...

  • *Europe stocks up, world stock index dips with Wall Street. NEW YORK, Feb 28- Stocks in major markets dipped along with the U.S. dollar and U.S. He can get some things done but it won't be as phenomenal as expected, "said Paul Eitelman, Multi-Asset Investment Strategist at Russell Investments in Seattle.

  • A man exits a Fidelity branch in New York.

    Shares of brokerages traded lower Tuesday after two major firms in the industry announced plans to cut trading commissions.

  • *Trump to speaks before Congress at 9:00 p.m. ET. Feb 28- U.S. stocks traded lower on Tuesday, setting up the Dow to snap a 12- day winning streak, as financial and consumer discretionary stocks weighed and investors awaited President Donald Trump's speech to a joint session of Congress. "What we're looking for tonight is just more meat on those bones," said Mark...

  • *Saudi wants Brent at $60, Russia cuts Feb output. NEW YORK, Feb 28- Oil prices fell more than 1 pct on Tuesday but continued to trade in a tight range, as concerns about rising U.S. crude inventories ahead of data overshadowed OPEC production cuts. West Texas Intermediate crude futures were down 77 cents at $53.28 a barrel and Brent crude fell 64 cents to $55.29 a barrel.

  • Here's how far bonds could drop: Trader

    Todd Gordon of TradingAnalysis.com bets against bonds ahead of the March Fed meeting.

  • *Saudi wants Brent at $60, Russia cuts Feb output. NEW YORK, Feb 28- Global oil prices fell 1 pct on Tuesday but continued to trade in a tight range, as concerns about rising U.S. crude inventories ahead of data overshadowed OPEC production cuts. The Organization of the Petroleum Exporting Countries has so far surprised the market by showing record compliance with...

  • Europe stocks up, world stock index dips with Wall Street. The global MSCI ACWI index has risen more than 8.0 percent since Trump's election in November on expectations for a pro-business administration but was off 0.1 percent on Tuesday morning in New York as investors worried whether Trump would reveal concrete plans to realize his campaign promises.