×

Archive US: Trading

  • May 18- U.S. stocks rose as upbeat economic data emboldened investors to return to the market on Thursday, a day after Wall Street suffered its worst selloff in eight months following a political turmoil involving President Donald Trump. Wall Street rebounded after the Philadelphia Federal Reserve said its business activity index unexpectedly rose in May...

  • NEW YORK, May 18- Stocks rose on Wall Street on Thursday, capping a wave of declines in major world equity markets triggered by uncertainty over U.S. The Justice Department on Wednesday named former FBI chief Robert Mueller as special counsel to investigate alleged Russian interference in the 2016 U.S. election and possible collusion between Trump's campaign...

  • May 18- U.S. stocks rose as upbeat economic data emboldened investors to return to the market on Thursday, a day after Wall Street suffered its worst selloff in eight months following a political crisis involving President Donald Trump. Wall Street rebounded after the Philadelphia Federal Reserve said its business activity index unexpectedly rose in May...

  • *Same-store sales down 12 pct vs est 6.5 pct. May 18- Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores as fewer customers visited its stores, sending the company's shares down 3 percent to levels last seen during the financial recession. That contributed to a 16.3 percent fall in overall sales to $1.57 billion, also hurt...

  • *Weekly jobless claims fall more than expected. May 18- U.S. stocks edged up slightly on Thursday as investors sought bargains a day after the market slumped following a scandal that cast a shadow over Donald Trump's presidency and the future of his ambitious pro-growth agenda. "I would anticipate that the markets flatten out and start to rise a little bit maybe...

  • *Canadian dollar at C $1.3613, or 73.46 U.S. cents. TORONTO, May 18- The Canadian dollar edged lower on Thursday against its U.S. counterpart as oil prices fell, while political uncertainty in Washington weighed further on stocks. signs that the market remained well supplied with crude despite efforts by the Organization of the Petroleum Exporting Countries and...

  • *Trump woes mount after report on aides' Russia contacts. LONDON, May 18- Swirling uncertainty over U.S. Europe's bourses dropped between 0.8 and 1.3 percent as the selling pressure built again and Wall Street was expected to open down as much as 0.5 percent, having suffered its biggest thumping in over eight months on Wednesday.

  • *Trump woes mount after report on aides' Russia contacts. LONDON, May 18- Swirling uncertainty over U.S. Europe's bourses dropped between 0.8 and 1.3 percent as the selling pressure built again and Wall Street was expected to open down as much as 0.5 percent, having suffered its biggest thumping in over eight months on Wednesday.

  • *Trump woes mount after report on aides' Russia contacts. LONDON, May 18- Swirling uncertainty over U.S. Asian stocks fell sharply after Wall Street suffered its worst day in over eight months overnight and Europe's main bourses dropped between 0.8 and 1.3 percent as the selling momentum built again.

  • LONDON, May 18- European shares dropped to two-week lows on Thursday as political upheaval in Washington D.C. continued to weigh, though deal-making activity and earnings updates kept the region's outperformance against global peers intact. The pan-European STOXX 600 0.9 percent, while Germany's DAX retreated 0.8 percent and Britain's FTSE 100 dropped 1.3...

  • *Gold may retrace to a support at $1,252 per ounce- technicals. May 18- Gold prices weakened after touching a more than two-week high on Thursday, weighed down by profit-taking amid political turmoil in the United States. That came after a turbulent week when Trump fired FBI Director James Comey and discussed sensitive national security information with...

  • May 18- Hong Kong stocks followed others in Asia lower on Thursday as political turmoil in Washington knocked Wall Street and dented risk appetites in global markets. Equities in Asia took cues from New York, where the Dow and S&P 500 both sank about 1.8 percent overnight. The political crisis in the United States has thrown doubt on the future of the pro-growth...

  • LONDON, May 18- European shares dropped in early deals on Thursday as political upheaval in Washington D.C. continued to weigh, though deal-making activity and earnings updates kept the region's outperformance against global peers intact. The pan-European STOXX 600 0.4 percent, while Germany's DAX retreated 0.3 percent and Britain's FTSE 100 fell 0.5...

  • SHANGHAI, May 18- China's main stock indexes followed other Asian markets lower on Thursday as political turmoil in Washington knocked Wall Street and dented risk appetite in global markets. Equities in Asia took cues from Wall Street, where the Dow and S&P 500 both sank about 1.8 percent overnight. China's property stocks gained, following newly released data...

  • Spreadbetters expected European stocks to follow suit, forecasting a lower open for Britain's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent. Japan's Nikkei shed 1.4 percent, Australian shares lost 1.1 percent and South Korea's KOSPI declined 0.4 percent.

  • SHANGHAI, May 18- China and Hong Kong stocks followed other Asian markets lower on Wednesday morning, as political turmoil in Washington knocked Wall Street and dented risk appetite in global markets. In Hong Kong, the Hang Seng index dropped 0.2 percent, to 25,234.34 points, while the Hong Kong China Enterprises Index lost 0.7 percent, to 10,306.30.

  • MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan's Nikkei shed 1.5 percent, Australian shares lost 1.2 percent and South Korea's KOSPI declined 0.5 percent. Equities in Asia took cues from Wall Street, where the Dow and S&P 500 both sank about 1.8 percent overnight following reports that Trump tried to influence a federal...

  • MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan's Nikkei shed 1.2 percent, Australian shares lost 1.1 percent and South Korea's Kospi declined 0.5 percent. Equities in Asia took cues from Wall Street, where the Dow and S&P 500 both sank about 1.8 percent overnight following reports that Trump tried to influence a federal...

  • Three ways you can make money on Thursday

    Boris Schlossberg, managing director of foreign exchange strategy at BK Asset Management, breaks down three key events to watch Thursday.

  • This is a buying opportunity, says BlackRock strategist

    Terry Simpson, multi-asset investment strategist with the Blackrock Investment Institute, makes the bull case for stocks in this interview with Brian Sullivan.