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Archive US: Trading

  • Robert Shiller talks valuations, Trump and Europe

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

  • Rallying ‘Trump stock’ craters on earnings

    Is the drop in U.S. Steel (X) bad news for the whole market rally? Eddy Elfenbein of the Crossing Wall Street blog and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.

  • NEW YORK, April 26- Equities in major markets climbed on Wednesday as U.S. shares rose on strong earnings and potential tax cuts, while the dollar strengthened against the Mexican peso on the possibility of a U.S. withdrawal from the North American Free Trade Agreement. President Donald Trump's effort to craft a tax package that can pass Congress, described the...

  • Technician sees new record highs for Netflix

    Rich Ross of Evercore ISI sees a huge rally ahead for Netflix.

  • *Doubts over OPEC effectiveness despite Saudi comments. NEW YORK, April 26- Oil prices rebounded from earlier losses on Wednesday after data showed a larger-than-expected falloff in U.S. crude inventories, a salve for investors after several days of declines founded on worries about the slow pace of global efforts to reduce a glut. The U.S. Energy Department...

  • The company's after-tax cash flow increases by $70 million for every $1 per barrel increase in oil prices, he said. Shares of the New York- based company rose 4.4 percent to $50.78 in morning trading. Excluding output from Libya, Hess produced 307,000 barrels of oil equivalent per day in the first quarter ended March 31, lower than 350,000 boepd a year ago.

  • NEW YORK, April 26- Equities in major markets touched a record for a third straight session on Wednesday as U.S. shares rose on strong earnings and the prospect of tax cuts, while the euro pulled back after two days of strong gains. President Donald Trump's effort to craft a tax package that can pass Congress, described the plan as the "the biggest tax cut" in U.S. history...

  • April 26- Shares of Twitter Inc soared on Wednesday after the microblogging service reported better-than-expected user growth in the first quarter, although its revenue fell for the first time since the company's market debut. The surprising acceleration followed several quarters of stalled user growth that raised questions about Chief Executive Jack...

  • The results showed a "solid quarter" for the company, "which should continue to support the stock at current levels," Peter Arment, an analyst at Baird Equity Research, wrote in a note. The company on Wednesday reported 30 percent growth of new orders in Europe, a sign of strengthening economic conditions, Chief Financial Officer Akhil Johri said in an interview.

  • *Total revenue and non-operating income up 28.4 pct to$ 1.28 bln. Excluding output from Libya, Hess produced 307,000 barrels of oil equivalent per day in the first quarter ended March 31, lower than 350,000 boepd a year ago. Gulf of Mexico, Thailand and Guyana and ramp up drilling in North Dakota's Bakken shale field.

  • NEW YORK, April 25- The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America. Caterpillar closed up 7.9 percent at $104.42 after earlier hitting a multi-year high of $104.89 and McDonald's jumped 5.6 percent to $141.70, both after beating profit...

  • *Wall Street climbs, Nasdaq tops 6,000 mark. Wall Street gained as concerns about France's election waned and investors cheered earnings from Dow components such as McDonald's Corp, up 5.6 percent, and Caterpillar Inc, up 7.9 percent. "Its earnings coming from the Dow companies, the largest of the large, in particular Caterpillar, really driving on the theme that...

  • NEW YORK, April 25- The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America. Caterpillar was up 7.7 percent at $104.29 after earlier hitting a multi-year high of $104.71 and McDonald's jumped 5.6 percent to $141.72, both after beating profit...

  • The S&P 500 is doing something rare and possibly very bullish

    The S&P is experiencing a two-day pattern the likes of which it has only seen a few prior times in the past several decades. Rich Ross of Evercore ISI and Max Wolff of 55 Capital discuss with Brian Sullivan.

  • Global markets are crushing the U.S.

    It’s been a great year for the S&P 500, but the index is actually lagging global developed markets. Rich Ross of Evercore ISI and Max Wolff of 55 Capital discuss with Brian Sullivan.

  • *Wall Street climbs, Nasdaq tops 6,000 mark. Wall Street gained as concerns about France's election waned and investors cheered earnings from companies such as McDonald's Corp, up 5.4 percent, and Caterpillar Inc, up 7.6 percent. "They are leading the train today," said Ken Polcari, director of the NYSE floor division at O'Neil Securities in New York.

  • "It is bad for British Columbia but not necessarily bad for the lumber companies," said Norman Levine, managing director, Portfolio Management Corporation. Shares in West Fraser Timber Co, which would pay the highest duty rate of the affected companies, rose 8.6 percent to C $61.22, its highest point since July 2015, while Canfor Corp stock gained 6.4 percent to C...

  • Trader sees upside ahead for materials sector

    Todd Gordon of TradingAnalysis.com sees an upside ahead for the materials sector based on Tuesday's market moves.

  • *Asia ex- Japan little changed; Nikkei gains. *MSCI World index hit record high overnight. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed early on Tuesday.

  • International flags

    The "Fast Money" traders debate whether to stay long in the market and trust in the gains U.S. equities made on Monday following the French elections.