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Archive US: Trading

  • PARIS/ SINGAPORE, April 28- Chicago wheat futures edged higher on Friday, on track for their biggest weekly gain since early February, with worries about freezing temperatures in U.S. wheat belts fueling a rebound from price lows this week. The Chicago Board Of Trade's most active wheat contract was up 0.5 percent by 1146 GMT at $4.33-1/ 4 a bushel.

  • *Asia ex- Japan, Nikkei set to post strong gains for the week. *Japan inflation, manufacturing output disappoint. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, putting it on pace to end the week up 1.9 percent, which would be its best week in six.

  • LOS ANGELES, April 27- Starbucks Corp reported quarterly sales that just missed Wall Street's expectations, hurt by a slight cooling in spending growth by customers in its core U.S. market, sending shares down 4.4 percent in extended trading on Thursday. Kevin Johnson, who this month succeeded Howard Schultz as chief executive officer, said the company is on...

  • NEW YORK, April 27- The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed. Earnings were back in the spotlight, a day after the Trump administration unveiled its tax reform priorities without details on how the reform would be paid for, raising...

  • LOS ANGELES, April 27- Starbucks Corp reported quarterly profit that matched Wall Street's estimate on Thursday, but shares fell 3.4 percent in extended trading after spending growth by customers in its core U.S. market cooled. Net income attributed to Starbucks was $652.8 million, or 45 cents per share, for the second quarter, up from $575.1 million, or 39 cents...

  • LOS ANGELES, April 27- Starbucks Corp reported quarterly profit that matched Wall Street's estimate on Thursday, sending shares of the chain that often tops expectations down 2.9 percent to $59.50 in after-hours trade. Net income attributed to Starbucks was $652.8 million, or 45 cents per share, for the second quarter ended April 2, up from $575.1 million, or 39...

  • *Oil slumps as Libya restarts oilfields. NEW YORK, April 27- A gauge of world stock markets slipped on Thursday as a three-day rally stalled in the wake of a largely expected U.S. tax cut plan, while the euro weakened after comments from European Central Bank President Mario Draghi. "Most folks were expecting a build in earnings acceleration and that's what we've got,"...

  • 2017: An easy year to make money?

    Nearly every ETF is up this year, Nick Colas of Convergex points out. He discusses with Brian Sullivan.

  • David Rosenberg on the economic outlook

    Famed economist David Rosenberg of Gluskin Sheff discusses the U.S. economy, the Fed, bonds and equities with Brian Sullivan.

  • Jeremy Siegel

    Wharton professor of finance Jeremy Siegel discusses the next move for the markets with Brian Sullivan.

  • The U.S. bond market is signaling investors have scaled back their outlook for an inflation pickup as skepticism sets in about whether President Donald Trump will be able to deliver on pledges for major tax reform and an infrastructure spending binge. It really accelerated after the failure of healthcare reform, "said Steve Kang, Citi's interest rate...

  • Trader breaks down the weakness in crude

    Todd Gordon of TradingAnalysis.com breaks down the day's move in crude.

  • *Two key Libya oilfields restart, sources tell Reuters. *OPEC sec-gen's comments point to an extension of global cut. New York, April 27- Crude prices fell more than 1 percent on Thursday as the restart of two key oilfields in Libya pumped more crude into an already bloated market.

  • The airline's shares fell as much as 4.3 percent to $54.52 in morning trading on Thursday. However, the Dallas, Texas- based carrier expects unit revenue in the current quarter to rise 1-2 percent. "Unit revenue trend for Q2 is improving but it is slightly worse than elevated investor expectations, which have increased in recent weeks," Cowen& Co analyst Helane...

  • Shares of the Saskatoon, Saskatchewan- based fertilizer producer rose 1.6 percent in early New York trading, touching a three-week high. Potash said it expected full-year earnings of 45 cents to 65 cents per share, up from its prior forecast of 35 cents to 55 cents. Bernstein analyst Jonas Oxgaard said earnings benefited from a lower tax rate as well as stronger...

  • Robert Shiller makes the case for diversification

    Robert Shiller, Yale professor of economics, discusses portfolio construction and global markets with Brian Sullivan.

  • *Advancers outpace decliners on NYSE, Nasdaq. New York, April 26- U.S. stocks ticked lower on Wednesday following two sessions of strong gains as strong corporate earnings were offset by uncertainty over the feasibility of a proposed business tax cut. "A lot to digest on the tax side and to be honest we dont have a lot of details at this point aside from just a few bullet...

  • Robert Shiller on valuations

    Robert Shiller, Yale professor of economics, discusses market valuations with Brian Sullivan.

  • NEW YORK, April 26- Equities retreated from highs on Wednesday after a U.S. tax plan disappointed, while the Canadian dollar and Mexican peso weakened against the greenback on the possibility of a U.S. withdrawal from the North American Free Trade Agreement. President Donald Trump proposed slashing tax rates for businesses and on overseas corporate profits...

  • Robert Shiller talks valuations, Trump and Europe

    Brian Sullivan’s full interview with the Yale professor of economics.