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Archive US: Trading

  • *Brent slips from $65 a barrel hit earlier in day. NEW YORK, Dec 12- The S&P 500 and the Dow closed higher on Tuesday along with major European stock indexes a day ahead of the Federal Reserve's expected U.S. interest rate hike, while Brent crude oil fell after reaching $65 per barrel for the first time since mid-2015. "As investors become more comfortable the economic...

  • Dec 12- Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as investors bet on strong economic growth a day ahead of the U.S. Earlier in the day, a Labor Department report showed U.S. producer prices rose in November as gasoline prices surged and the cost of other goods increased, leading to the largest annual gain...

  • *Brent hits $65 a barrel earlier in day. NEW YORK, Dec 12- Major European stock indexes closed higher on Tuesday as the S&P and the Dow advanced further into record territory, while Brent crude oil slipped after reaching $65 per barrel for the first time since mid-2015. Shares of Gemalto, a Netherlands- based digital security services company, surged 34.6 percent...

  • Could Apple hit $1 trillion in market cap?

    Todd Gordon of TradingAnalysis.com says the charts show that Apple could hit $1 trillion in market cap.

  • *U.S. sell $12 billion 30- year bond to steady demand Producer prices post biggest annual rise in nearly 6 years. Treasury yields rose on Tuesday as stronger-than-forecast data on producer prices in November offset average demand at a $12 billion auction of 30- year bonds. "The focus for the market right now will be on the data and the Fed," said Subadra Rajappa, head...

  • USDA pegged soybean 2017-18 ending stocks at 445 million bushels, up 20 million bushels from its November outlook. "South America had a huge crop and they've been flipping them into the market," said Karl Setzer, analyst with MaxYield Cooperative in West Bend, Iowa. "The USDA had been expecting a 3 percent increase and today's numbers show us that USDA is...

  • Dec 12- The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks gained ahead of a near certain move by the Federal Reserve to raise interest rate. Boeing rose as much as 3.4 percent to $292.8 after the company said it would raise its quarterly dividend by 20 percent and replace its existing share buyback program...

  • *Brent hits $65 a barrel. NEW YORK, Dec 12- Major U.S. and European stock indexes advanced on Tuesday, ahead of a meeting of U.S. They are looking at a positive set of economic data in an improving economy, with some hesitation with regards to Federal Reserve, given the change in leadership, "said Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New...

  • Dec 12- The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank stocks rose ahead of a near certain move by the Federal Reserve to raise interest rate. Boeing rose as much as 3.4 percent to $291.56 after the company said it would raise its quarterly dividend by 20 percent and replace its existing share buyback...

  • DALLAS— Exxon says it will give more details about how climate change could affect its business. At Texas- based Exxon Mobil Corp.' s annual meeting in May, the company opposed a similar resolution by a New York state retirement fund. Exxon shares rose 21 cents to $83.24 in trading Tuesday morning.

  • *U.S. to sell $12 billion 30- year bond at 1 p.m.. Treasury yields rose on Tuesday as investors reduced their debt holdings in advance of a $12 billion auction of 30- year government bonds and after stronger-than-forecast data on producer prices in November. "The focus for the market right now will be on the data and the Fed," said Subadra Rajappa, head of U.S. rates...

  • Big-name companies notched gains on Wall Street Tuesday, delivering more records for two of the major stock indexes. The Standard& Poor's 500 index and the Dow Jones industrial average finished at all-time highs for the second day this week, while a slide in technology stocks pulled the Nasdaq lower. "It's another day, another all-time high," said Brian Nick, chief...

  • Dec 12- The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq. Boeing shares hit a record high at $292.80 after the company said it would raise its quarterly dividend by 20 percent and replace its existing share buyback...

  • CHICAGO— Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for March delivery was up. 60 cent at $4.1420 a bushel; Dec corn higher. 60 cent 3.3720 a bushel; March oats gained. 60 cent at $2.4440 a bushel while January soybeans was 1.60 cents lower at $9.8060 a bushel. December live cattle was up. 05 cent at $1.1523 a pound; January...

  • Big-company stocks notched gains on Wall Street, bringing more records for major indexes, but smaller companies lagged behind. Wells Fargo rose 2.5 percent. More stocks fell than rose on the New York Stock Exchange.

  • *Oil rises above $65 a barrel; Chevron, Exxon higher. The benchmark Brent crude, gained more than 1.65 percent to rise above $65 a barrel for the first time since mid-2015 after an unplanned shutdown of the UK's biggest North Sea oil pipeline. Boeing shares were set to open at a record high after the company said it would raise its quarterly dividend by 20 percent and...

  • Now's the time to buy gold, not bitcoin

    Bill Baruch says bitcoin is not the new gold. Gold is down, making it the right time to buy.

  • *Upbeat China credit figures underpin mood in Asia. SYDNEY, Dec 12- Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.06 percent, having rallied for...

  • S&P 500 and Dow close at record highs led by energy and tech

    S&P 500 and Dow close at record highs, led by energy and tech.

  • Longtime tech investor Paul Meeks on the bull case for tech stocks

    Paul Meeks, chief investment officerat Sloy, Dahl & Holst, discusses his top tech picks with Brian Sullivan.