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Archive US: Trading

  • Jan 19- The S&P 500 and the Nasdaq edged higher on Friday following positive brokerage recommendations on a bunch of consumer names, but the Dow was reined in by losses in IBM. "We've seen estimates being raised for 2018, so that provides some fundamental underpinnings for the strength we've in equity markets," said Bill Northey, senior vice president of U.S.

  • *Coming Up: Baker Hughes U.S. oil rig count at 1 p.m./ 1800 GMT. Houston, Jan 19- Oil prices slid 1 percent on Friday and were on track for the biggest weekly falls since October as a bounce-back in U.S. production outweighed ongoing declines in crude inventories. Brent crude futures were trading 69 cents lower at $68.53 a barrel at 11:22 a.m. EST.

  • Although the House of Representatives voted to extend the funding on Thursday, the bill appeared to be on the verge of collapse in the Senate. "The market appears to be looking through this as a non-essential event, although we're seeing a little bit of a pickup in volatility in the last couple of days," said Bill Northey, senior vice president of U.S.

  • Jan 19- Wall Street's main indexes rose on Friday, powered by gains in Amazon and Nike, while investors shrugged off fears of a looming U.S. government shutdown. The bill has yet to be approved by the Senate, where it faces an uncertain future. The House has a deal and the Senate maybe an issue.

  • The bill has yet to be approved by the Senate, where it faces an uncertain future. "Naturally there are concerns, the House has a deal and the Senate maybe an issue. But investors are betting something will get done to avert a shutdown, "said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.

  • LONDON, Jan 19- Emerging stocks pushed to a fresh near-decade high and were set for a sixth straight week of gains on Friday after Chinese growth data lifted Asian markets to a record peak and the yuan to a two-year high. The rosy picture was cemented by data from China on Thursday that showed the world's second-largest economy grew faster than expected in the...

  • The Dow Jones industrial average slid 31 points, or 0.1 percent, to 25,987. The Nasdaq added 21 points, or 0.3 percent, to 7,317. The Russell 2000 index of smaller-company stocks picked up 10 points, or 0.7 percent, to 1,587. More stocks rose than fell on the New York Stock Exchange. SHUTDOWN SHOWDOWN: U.S. House lawmakers voted for a stopgap funding bill to keep agency...

  • *Boeing slides, weighs on Dow. *Morgan Stanley up slightly on earnings beat. NEW YORK, Jan 18- Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks.

  • Even at this stage of the game, it may not be too late to buy Netflix

    Mark Tepper of Strategic Wealth Management says despite Netflix's high price, the company is still a "buy."

  • *Wall Street dips as Boeing stalls. Shares on Wall Street took a breather after the strongest performance of the year for the Dow Jones Industrial Average and the benchmark S&P 500 saw the indexes close above 26,000 and 2,800, respectively, for the first time on Wednesday. "Maybe it takes a breather for a couple of days but I dont see a big selloff," said Andrew Slimmon,...

  • Trader bets on a bounce for Nvidia

    Todd Gordon of TradingAnalysis.com says Nvidia still has more room to run.

  • The most volatile stocks on earnings

    Jim Strugger, derivatives strategist with MKM Partners, discusses big earnings season movers with Brian Sullivan.

  • Boeing stock’s incredible run

    Ari Wald with Oppenheimer and Mark Tepper with Strategic Wealth Partners talk Boeing shares with Brian Sullivan.

  • *Wall Street dips as Boeing stalls. Shares on Wall Street took a breather after the strongest performance of the year for the Dow Jones Industrial Average and the benchmark S&P 500 saw the indexes close above 26,000 and 2,800, respectively, for the first time. "This might just be a little bit of a pullback, especially after yesterday's significant gain, until we get...

  • *House vote on extension of govt funding after 2:30 p.m. ET. Jan 18- Losses in healthcare and industrial stocks paused Wall Street's new year rally that had driven the blue-chip Dow index to its fastest ever 1,000 point rise. "This might just be a little bit of a pullback, especially after yesterday's significant gain, until we get further into the earnings season,"...

  • NEW YORK— Higher bond yields are finally here, and investors have to consider what, if any, changes to make to their portfolios. Short-term yields haven't been this high for almost a decade, and long-term yields have also risen. Jack Ablin, chief investment officer for BMO Capital Markets, said higher bond yields have been a long time coming, so investors might not...

  • Wall Street dips as energy lags. NEW YORK, Jan 18- World equity markets dipped on Thursday, pausing after a string of record highs, while a decline in oil prices dragged on energy shares and the U.S. stock market. Shares on Wall Street took a breather, after the best performance of the year for the Dow and benchmark S&P 500 saw the indexes close above the 26,000 mark and...

  • Jan 18- Wall Street's main indexes edged lower on Thursday as declines in healthcare and energy stocks paused a rally that had driven the Dow to its fastest ever 1,000 point gain. The S&P energy index fell 0.16 percent as oil slipped towards $69 a barrel on a reported rise in U.S. fuel stocks. And with interest rates rising, the outlook for financials are pretty good, "...

  • *Morgan Stanley up after Q4 beat. Jan 18- Wall Street was set to open slightly lower on Thursday, a day after the Dow extended a new year rally to close above 26,000 for the first time. And with interest rates rising, the outlook for financials are pretty good, "said Art Hogan, chief market strategist at B. Riley FBR in Boston.

  • Losses among Boeing, General Electric and other big industrial companies weighed on U.S. stocks Thursday, pulling the market below the record highs it set the day before. Investors kept an eye on the latest company earnings news while also monitoring developments in Washington ahead of a possible federal government shutdown this weekend.