×

Archive US: Trading

  • *Tech stocks fall second day; Apple down more than 3 pct. *Dollar flat ahead of FOMC; UK uncertainty weighs on sterling. NEW YORK, June 12- A selloff in technology stocks extended to a second day on Monday, led by losses in Apple, while oil prices rose on signs of inventory declines in the United States.

  • June 12- Shares of TransDigm Group Inc fell as much as 7.3 percent to $250.18 on Monday, after Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier's government contracts. TransDigm may have avoided sharing cost information with the government for parts for which it is the sole source supplier, Warren...

  • *Apple set to open at 6- week low of $145.35. June 12- U.S. stocks were on track to open lower on Monday, with the Nasdaq set to take the biggest hit as richly-valued technology stocks were pressured by a bout of heavy profit-taking. Shares of the world's most valuable publicly-listed company were off 2.34 percent to $145.59 in heavy premarket trading on Monday.

  • *Nvidia drops after comments from Citron Research. *Investors digest results from UK election. NEW YORK, June 9- Technology stocks sold off sharply on Friday, taking a toll on the Nasdaq and dragging on other major Wall Street indexes, which touched record highs earlier in the day.

  • TORONTO, June 9- Canada's benchmark stock index rose on Friday, led by financial and energy shares as oil prices gained and a stronger-than-expected domestic jobs report added to the case for interest rate hikes from the Bank of Canada. Canada's job growth accelerated in May at its fastest pace in eight months, prompting economists to suggest the Bank of Canada...

  • *Weather in focus after USDA's reports fail to jolt prices. CHICAGO, June 9- U.S. corn and soybean futures firmed on Friday as forecasts for scorching temperatures in the Midwest crop belt through early next week prompted funds to cover short positions, analysts said. July soybeans ended up 3-1/ 2 cents at $9.41-1/ 2 a bushel and July wheat fell 3-1/ 2 cents at $4.45-3/ 4 a...

  • The Fed’s decision and jobs data: Here’s what could drive the market next week

    Erin Gibbs, S&P Global portfolio manager, breaks down three major market themes for the week ahead.

  • *Nvidia drops after comments from Citron Research. *Investors digest results from UK election. NEW YORK, June 9- Technology stocks sold off sharply on Friday, wounding the Nasdaq and holding down other major Wall Street indexes, which had touched record highs earlier in the session.

  • Diane Swonk on economic uncertainty

    Diane Swonk of DS Economics discusses economic risks with Brian Sullivan.

  • *Wall Street hits new intra-day highs before paring most gains. NEW YORK, June 9- The British pound fell to a seven-week low on Friday after a shock election result cast doubt on Britain's talks to leave the European Union, but key indices hit fresh record highs before tumbling technology shares drove the Nasdaq and S&P 500 lower. British Prime Minister Theresa May...

  • Economist Diane Swonk on the Fed and politics

    Diane Swonk of DS Economics discusses her economic outlook with Brian Sullivan.

  • VIX jumps from 24-year low

    Volatility crept back into the market on Friday. Stacey Gilbert of Susquehanna and Erin Gibbs of S&P Global discuss with Brian Sullivan.

  • NEW YORK/ LONDON, June 9- Gold prices fell about 1 percent on Friday as the dollar strengthened while palladium leapt more than 7 percent as a surge in speculative demand forced industrial users to close out short positions, traders said. That pushed prices through the 16- year declining trendline at $868 an ounce, triggering a further surge that took them to their...

  • June 9- Technology stocks sold off on Friday, wounding the Nasdaq and holding down other major Wall Street indexes, which had touched record highs earlier in the session. Microsoft, Facebook and Alphabet all were off more than 3 percent, while chipmaker Nvidia traded down 8.8 percent at $147.60 after Citron Research said the stock could trade back to $130.

  • *Nasdaq reverses course as tech stocks weigh. *All three indexes hit record high earlier in session. June 9- A drop in technology stocks on Friday dragged Wall Street away from the record highs it hit earlier in the session, helped by gains in bank stocks.

  • *UK currency hits lowest against euro since November. *Internationally focused FTSE 100 climbs. LONDON, June 9- Britain's pound tumbled on Friday, lifting the country's main FTSE share index, after an election that denied any party a majority in parliament and fomented a sense of political chaos just days before Brexit talks begin.

  • NEW YORK, June 9- The British pound plunged to a seven-week low on Friday after a shock election result cast doubt on Britain's talks to leave the European Union, but global equity markets rallied with key indices on Wall Street hitting new record highs. British Prime Minister Theresa May said she would form a government backed by a small Northern Irish party...

  • TORONTO, June 9- Canada's main stock index rose in morning trade on Friday, boosted by sharp gains for big banks as employment and industrial data pointed to renewed health in the domestic economy. But department store operator Hudson's Bay Co slumped 11.3 percent to C $8.53 after the owner of Saks Fifth Avenue detailed a major restructuring plan that will cut...

  • *UK currency hits lowest against euro since November. *Internationally focused FTSE 100 climbs, mid-caps drop. LONDON, June 9- Britain's pound tumbled on Friday, lifting the country's main FTSE share index, after an election that denied any party a majority in parliament and fomented a sense of political chaos just days before Brexit talks begin.

  • *Prime Minister Theresa May's party loses parliamentary majority. *Endo falls after FDA pulls opioid painkiller from market. "The UK election is a UK event and there is no direct economic impact from that on the U.S. economy," said Steve Blitz, chief U.S. economist at TS Lombard in New York.