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Archive US: Trading

  • *Wall Street rises, oil falls on oversupply worries. NEW YORK, July 7- Wall Street stocks rose on Friday along with the U.S. dollar and Treasury yields after data showed stronger-than-expected U.S. jobs growth but wage increases missed forecasts. Its not massively altering its course based on this report because its kind of a mixed bag report, "said Shyam Rajan, head...

  • July 7- Wall Street extended gains in late morning trading on Friday, powered by robust jobs data and a rebound in technology stocks. Nonfarm payrolls increased by 222,000 jobs last month, data from the Labor Department showed, beating economists' expectations for a 179,000 gain. "Given the focus of the Fed on inflation and the fact that the inflation indicators in...

  • US bombers challenge China in South China Sea flyover

    Two U.S bombers have flown over the disputed South China Sea, the U.S. Air Force said on Friday

  • LONDON, July 7- The zinc funds-fundamentals pendulum has swung again. Back in May funds were beating a collective retreat from the London zinc market after a second failed attempt at the big-number $3,000- per tonne resistance level. The London Metal Exchange three-month price troughed at $2,427.50 on June 7, since when it has bounced back to a current $2,783.00.

  • *Temasek is top investor in a third of Singapore index firms. SINGAPORE, July 7- Singapore state investor Temasek Holdings' assets likely rebounded last year and rose by at least 10 percent to a record, propelled by gains in shares of Chinese banks and domestic companies. "The most important listed equity markets for Temasek grew a lot last year," said Javier Capapé,...

  • Trading tumbling Tesla shares

    The Tesla drop continues. Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss the next move with Brian Sullivan.

  • Unusual volatility bet could be ‘the most dangerous trade’

    A closer look at the XIV, which is an increasingly popular bet against market volatility. Pravit Chintawongvanich of Macro Risk Advisors and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • *158,000 private jobs added in June vs estimated 185,000- ADP. *Jobless claims rise for third straight week. July 6- U.S. stocks were sharply lower on Thursday after disappointing labor market data clashed with the possibility of a more hawkish Federal Reserve, while rising tensions in the Korean peninsula providing additional pressure.

  • *ADP data shows 158,000 U.S. private sector jobs added. NEW YORK, July 6- The dollar fell on Thursday after a round of weaker-than-expected U.S. employment data, affirming a gradual pace of interest rate hikes by the Federal Reserve as the labor market cools. In a separate report, the Labor Department said initial claims for state unemployment benefits increased...

  • NEW YORK, July 6- Stocks around the world fell and U.S. Treasury yields rose on Thursday while the euro gained on the U.S. dollar after minutes from the European Central Bank's latest meeting showed it could be open to scrapping its bond-buying pledge. Treasury yields helped push Wall Street stocks lower in a holiday week ahead of the second-quarter earnings...

  • *158,000 private jobs added in June vs. est. 185,000- ADP. *Jobless claims rise for third straight week. July 6- U.S. stocks were lower on Thursday after a round of disappointing labor market data clashed with the prospect of a more hawkish Federal Reserve, with rising tensions in the Korean peninsula providing additional pressure.

  • Trader: Buy the pullback in Nvidia

    Todd Gordon of TradingAnalysis.com makes his case for why investors should buy the pullback in Nvidia.

  • Here's the critical number to watch in the latest jobs report

    Boris Schlossberg of BK Asset Management says the key thing to watch in Friday's June jobs report is wage growth. Wages are key to determining whether the Fed decides to raise rates.

  • *158,000 private jobs added in June vs. est. 185,000- ADP. July 6- U.S. stocks were lower in early afternoon trading on Thursday as weak jobs data from the private sector struck a bleak tone for the critical nonfarm payrolls report due on Friday, while investors fretted about rising tension in the Korean peninsula. We are expecting to see a little bit of a rebound from...

  • July 6- U.S. crude oil inventories last week slumped to their lowest levels since January as refining rose and imports fell, while gasoline stocks also fell sharply ahead of the Fourth of July holiday weekend, the Energy Information Administration said on Thursday. U.S. crude futures rose $1.03 to $46.17 a barrel, a 2.3 percent increase, while Brent futures were up...

  • *Updates with U.S. prices, changes byline, dateline, previous LONDON. NEW YORK, July 6- Oil regained ground on Thursday but stocks around the world fell and the euro gained on the U.S. dollar after minutes from the European Central Bank's latest meeting showed it could be open to scrapping its bond-buying pledge. Wall Street followed European shares lower as...

  • *158,000 private jobs added in June vs. est. 185,000- ADP. July 6- U.S. stocks fell in late morning trading on Thursday as weak jobs data from the private sector struck a bleak tone for the critical nonfarm payrolls report due on Friday, while investors fretted about rising tension in the Korean peninsula. We are expecting to see a little bit of a rebound from last month,...

  • *ADP data shows 158,000 U.S. private sector jobs added. NEW YORK, July 6- The dollar fell on Thursday after a round of weaker-than-expected U.S. labor market data, affirming a gradual pace for raising interest rates by the Federal Reserve. In a separate report, the Labor Department said initial claims for state unemployment benefits increased 4,000 to a...

  • Chad Morganlander of Washington Crossing Advisors says to invest in growth stocks during the next 6-9 months instead of value stocks. In particular, he warns not to get swept up in financials.

  • *U.S. markets mixed after July 4 holiday. NEW YORK, July 5- Oil prices fell sharply on Wednesday after their longest rally in more than five years while stocks ended higher after minutes from the U.S. That does call into question whether or not we are going to see as aggressive a Fed as they are telling us to expect, "said Robert Phipps, director at Per Stirling Capital...