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Archive US: Trading

  • NEW YORK, April 19- Talk that Saudi Arabia has its sights on $80- $100 a barrel oil again and of more U.S. sanctions on Russia triggered wild swings in trading of commodities on Thursday, though the potential boost to inflation hit fixed-income assets. The surge came on a Reuters report that OPEC's new price hawk Saudi Arabia would be happy for crude to rise to $80 or...

  • flattening@ NEW YORK, April 19- Yields on longer-dated maturities climbed modestly higher on Thursday after two weeks of rising less than shorter-dated bonds, retracing some of the yield curve's flattening. That trade was "well into oversold territory," suggesting the move is technical and that there is still room for the curve to steepen, said Ian Lyngen, head of...

  • *Apple, chip stocks tumble on TSMC's weak demand forecast. *P&G, Philip Morris weigh on consumer staples sector. April 19- U.S. stocks dropped on Thursday, weighed down by a broad-based decline in technology stocks from Apple to chipmakers as well as a tumble in consumer staples such as Philip Morris and P&G.

  • NEW YORK, April 19- Yields on longer-dated maturities climbed modestly higher on Thursday after two weeks of rising less than shorter-dated bonds, retracing some of the yield curve's steepening. That trade was "well into oversold territory," suggesting the move is technical and that there is still room for the curve to steepen, said Ian Lyngen, head of U.S. rates...

  • NEW YORK, April 19- The dollar was little changed against a basket of currencies on Thursday as higher U.S. bond yields and expectations of more rate increases from the Federal Reserve offset worries about a trade war and a ballooning U.S. budget deficit. "It's a dull day altogether," said Minh Trang, senior foreign exchange trader at Silicon Valley Bank in Santa...

  • NEW YORK— The latest on developments in financial markets:. Apple lost 2.3 percent Thursday and tobacco maker Philip Morris International plunged 16.8 percent after reporting weak results. Bank of New York Mellon climbed 5.2 percent.

  • *Wall Street digesting Blackstone earnings drop. LONDON, April 19- Talk that Saudi Arabia has its sights on $80- $100 a barrel oil again and of more U.S. sanctions on Russia ignited a rally in commodities and resource stocks on Thursday, though the potential boost to inflation hit fixed-income assets. The surge came on a Reuters report that OPEC's new price hawk...

  • Britain's FTSE 100 rose 0.3 percent to 7,335.40 and France's CAC 40 edged 0.1 percent higher to 5,387.97. ASIAN SCORECARD: Japan's benchmark Nikkei 225 index rose 0.2 percent to 22,2191.18 and South Korea's Kospi added 0.3 percent to 2,486.10. Hong Kong's Hang Seng jumped 1.4 percent to 30,708.44 and the Shanghai Composite in mainland China gained 0.8...

  • The market hasn’t fully priced in spiked earnings expectations, portfolio manager says

    Doug Gordon, senior portfolio manager at Russell Investments, discusses earnings season and the market with Sara Eisen.

  • Small caps are quietly outperforming. But can the run continue?

    Katie Stockton of Fairlead Strategies and Boris Schlossberg of BK Asset Management discuss small cap stocks with Sara Eisen.

  • April 18- Credit card issuer American Express Co topped Wall Street targets for quarterly profit and forecast annual earnings at the high end of its expected range as a strengthening U.S. economy contributed to higher customer spending. AmEx now expects yearly earnings at the high end of its $6.90 to $7.30 per share forecast. AmEx said net income attributable...

  • NEW YORK, April 18- U.S. stocks ended mixed on Wednesday while most other global shares rose, as investors were drawn to riskier assets because of upbeat earnings from companies in Europe and the United States. The index was supported by a higher open on Wall Street following the latest batch of earnings. "Earnings continue to progress on the positive side and...

  • Trade fears linger over earnings season so far, says portfolio manager

    Earnings season is fulfilling expectations, but trade fears still linger, says Doug Gordon, senior portfolio manager at Russell Investments.

  • Major market indexes end session mixed

    Dow falls, S&P 500 and Nasdaq rise as banks continue to lag.

  • General Electric is the only earnings report that matters right now, strategist says

    Boris Schlossberg, managing director of foreign exchange strategy at BK Asset Management, discusses GE shares ahead of earnings.

  • NEW YORK April 18- Wall Street edged higher in a volatile trading session on Wednesday, with strong gains in the energy index partly offset by weakness in industry sectors such as technology and financials. A 7.6 percent slump in shares of IBM was the biggest single drag on the benchmark S&P 500 index, after the company reported profit margins that missed Wall...

  • *Oil jumps, energy stocks lead gains on S&P. *IBM tumbles more than 7 pct after margins miss. April 18- Wall Street edged higher in a volatile session on Wednesday as industrial stocks gained on strong results from some marquee companies and a jump in oil prices boosted energy stocks.

  • *Oil jumps, energy stocks lead gains on S&P. *IBM tumbles more than 7 pct after margins miss. April 18- Wall Street edged higher in a volatile morning session on Wednesday as industrial stocks gained on strong results from some marquee companies and a jump in oil prices boosted energy stocks.

  • NEW YORK, April 18- World equity markets climbed to approach a four-week high on Wednesday, as investors' appetite for the riskier asset was boosted by upbeat earnings from companies in Europe and the United States. The index was supported by a higher open on Wall Street on Wednesday, following the latest batch of earnings. "Earnings continue to progress on the...

  • *Canadian dollar weakens as Bank of Canada leaves rates unchanged. The dollar also has found support from relatively stronger economic figures than those seen in Europe and other developed markets, as well as reduced fears that Western air strikes on Syria would intensify. "Once we get away from this period of risk-off, we are still on the regime that the dollar is...