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Wall Street mixed as doubts about earnings offset biotech M&A bid

Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]

UK trader charged for manipulation contributing to 2010 flash crash

The complaint alleges that Sarao “used an automated trading program to manipulate the market for E-Mini S&P 500 futures contracts (E-Minis) on the Chicago Mercantile Exchange (CME),” according to the DOJ.By manipulating these futures tied to the Standard & Poor’s 500 Index, Sarao allegedly “earned him significant profits and contributed to a major drop in the U.S. stock market on […]

Wall St. mixed as lackluster earnings offset biotech M&A bid

Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers, DuPont and IBM shares weighed on the Dow. DuPont reported lower sales in […]

Wall St. mixed as earnings offset merger news

Traders work on the floor of the New York Stock Exchange April 20, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks were mixed on Tuesday, with the Dow industrials pulled down by a handful of uninspiring earnings reports, while the Nasdaq was pushed higher by a proposed biotech merger.Travelers (TRV.N), DuPont (DD.N) and IBM (IBM.N) shares weighed most on the Dow. DuPont […]

Stock Market News for April 21, 2015 – Zacks Investment Research

Benchmarks ended higher on Monday following China’s stimulus measures and upbeat earnings results. China’s central bank’s announcement that it would trim its reserve requirement ratio to boost lending and combat slow economic growth was welcomed by investors. Meanwhile, positive first quarter earnings results from Morgan Stanley, Halliburton and Hasbro also added to the bullish sentiment.For a look at the issues […]

Stock Market News for April 20, 2015 – Zacks Investment Research

Benchmarks ended in the red on Friday following investor concern over new equity market regulations in China and Greece’s debt crisis. Meanwhile, AmEx’s dismal earnings results weighed on the Dow. The S&P 500 and the Dow both registered their worst one day percentage decline in more than three weeks on Friday. Benchmarks also finished in negative territory for the week […]

Stock Market Going Nowhere Fast :: The Market Oracle :: Financial …

Stock Market Going Nowhere FastStock-Markets / Stock Markets 2015Apr 19, 2015 – 09:48 PM GMTBy: WavePatternTradersSPXLast week I mentioned the idea of a pullback on the SPX; it appears the bears were in tune with that idea, although it may still see a bit more downside as some of the European markets argue for a bit of weakness, such as […]

UK Stock Market Ready To Reverse? :: The Market Oracle …

UK Stock Market Ready To Reverse?Stock-Markets / UK Stock MarketApr 19, 2015 – 09:42 PM GMTBy: Richard_CoxOver the trading sessions seen last week, UK markets have posted some declines that have caused concern for many investors that are long equities. So the next question to ask is whether or not this is a true bearish reversal of the longer term […]

The Stock Market Week in Review | Brad Gudgeon | Safehaven.com

The Stock Market Week in ReviewBy: Brad Gudgeon | Sat, Apr 18, 2015SharePrintEmailThe stock market had a rocky week last week, ending on a down note. Early on, I expected a possible 40 point SPX down move from Monday into Tuesday. I also was looking for a possible top around Thursday. The SPX fell 24 points from Monday into Tuesday […]

Beijing's bid to rein in speculators could hit Hong Kong stock market …

Beijing’s bid to rein in speculators could hit Hong Kong stock marketThe Hong Kong stock market is expected to take a hit after Beijing announced measures to rein in speculation, after the country’s benchmark index doubled in 10 months to its highest level since March 2008.Late on Friday, regulators announced that fund managers would be allowed to lend shares for […]