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Archive US: Trading

  • NEW YORK, Oct 18- The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like they're missing out and you kind...

  • Oct 18- EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57...

  • Oct 18- EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts' estimates as it invests in marketing and a revamped website to attract more shoppers, sending shares down more than 5 percent in after-hours trade. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57...

  • NEW YORK, Oct 18- The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like they're missing out and you kind...

  • NEW YORK, Oct 18- Wall Street posted record closing highs on Wednesday, driven by strong earnings, while U.S. All three Wall Street major indexes posted record closing highs. "People are of the mindset that there is no alternative to equities and therefore they're continuing to pour into them," said Ian Winer, head of equities at Wedbush Securities in Los Angeles.

  • NEW YORK, Oct 18- The Dow Jones industrial average closed above the 23,000 level for the first time on Wednesday, driven by a jump in IBM after the computing giant hinted at a return to revenue growth. "Retail investors continue to pour into the marketplace, and with each headline about a new record, and especially round numbers like that, people tend to feel like...

  • Dow rises 160 points to close above 23,000 as IBM posts best day since 2009

    Dow rises 160 points to close above 23,000 as IBM posts best day since 2009

  • Traders work on the floor of the New York Stock Exchange.

    Gina Sanchez of Chantico Global explains how tax reform will affect stocks, corporate expenses and corporate sales.

  • Wunderlich Securities chief market strategist Art Hogan discusses the market with Brian Sullivan.

  • Art Hogan of Wunderlich outlines five risks to the market rally now

    What could bring down this historic rally? Wunderlich Securities chief market strategist Art Hogan discusses with Brian Sullivan.

  • Black Monday anniversary: The market then and now

    The 30th anniversary of Black Monday is approaching. Gina Sanchez of Chantico Global and Matt Maley of Miller Tabak discuss with Brian Sullivan.

  • NEW YORK, Oct 18- The Dow Jones industrial average rose again above the 23,000 level on Wednesday, driven by a jump in IBM after the computing giant hinted at a return to revenue growth. It gave the Dow the boost to stay over 23,000, "said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. Solid earnings, stronger economic growth and...

  • *Wall Street at records; Dow above 23,000 on IBM boost. NEW YORK, Oct 18- Wall Street again posted record highs on Wednesday, driven by strong earnings, and Treasury yields rose as investors focused on monetary policy, but the dollar slipped to snap a four-day rally. Investors focused on global economic strength and expectations for gradual monetary policy...

  • NEW YORK— How long can this nirvana last for investors? The stock market keeps ticking methodically higher into record territory, and the Dow Jones industrial average closed above 23,000 for the first time on Wednesday. On Oct. 19, 1987, the S&P 500 plummeted 20.5 percent to wipe out what had been sizeable gains for the year.

  • *Kirkuk- Ceyhan pipeline oil flow falls to 225,000 bpd- source. *Iraq crisis, U.S.- Iran tensions raise supply concerns. Prices had been higher due to ongoing tensions around oil-rich Iraq and Iran, which raised risk premiums.

  • *Wall Street at records, IBM earnings boost indexes. NEW YORK, Oct 18- Wall Street hit new records on strong earnings and the dollar extended a winning streak on Wednesday, boosted by rising Treasury yields as investors focused on monetary policy. On Wall Street, the S&P 500 was boosted by strong earnings from heavyweight International Business Machines, which...

  • A day of modest gains on Wall Street resulted in more milestones for U.S. stocks Wednesday as the Dow Jones industrial average closed above 23,000 points for the first time. Strong quarterly results drove IBM shares to their biggest one-day gain since 2009. "For us it's just another indication that it is a strong market here, year-to-date," said Paul Springmeyer,...

  • *Fed's Beige Book expected at 2:00 p.m. ET. Oct 18- The Dow Jones Industrial Average opened above 23,000 for the first time on Wednesday, powered by IBM, which hinted at a revival in its growth after six years in retreat. Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year.

  • IBM jumped 8.9 percent Wednesday after it reported stronger sales than investors expected. Anthem jumped 2.4 percent after announcing a prescription benefits management deal with CVS Health. Video game publisher Electronic Arts fell 2.5 percent after delaying an upcoming "Star Wars" title.

  • Oct 18- The Dow Jones Industrial Average was poised to open above 23,000 for the first time on Wednesday following a series of upbeat earnings reports from marquee companies. Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. "Looks like it's set for a good start, largely driven by...