Sam Ro
Jan. 8, 2015, 7:34 AM
1,119
REUTERS/Carlos BarriaA man talks on the phone inside the Shanghai Stock Exchange building at the Pudong financial district in Shanghai.JonesTrading’s Dave Lutz has what traders are chatting about right now.Good Morning! US Futures are jumping nearly 1% following strong European market action – More hopes that Crude is in a bottoming process helping sentiment, Very […]
Federal Reserve Chairwoman Janet Yellen last week said small-cap stocks appeared to be “substantially stretched.” Now, Goldman Sachs (GS) is on board with a similar view.In a note to clients, Goldman strategist David Kostin said he expects the small-cap Russell 2000 will underperform the S&P 500 over the next 12 months due to pricey valuations and lower earnings forecasts. He […]
© Carlo Allegri/Reuters A trader works on the floor of the New York Stock Exchange on the last day of trading before Christmas in the Manhattan borough of New York, December 24, 2014.U.S. stocks fluctuated, with the Standard & Poor’s 500 Index (SPX) poised for a third straight yearly gain as equity gauges climbed past multiple milestones last week.Gilead […]
Defence against the economic elements? The street outside a share prices display in Tokyo on Thursday. Photograph: Kazuhiro Nogi/AFP/Getty Images
Global stock markets continued to tumble on Friday, pushing the FTSE 100 to its worst weekly fall in more than three years. Since Monday, £112bn has been wiped off the value of Britain’s leading companies.Investors headed for the exits amid growing […]
Benchmarks finished Wednesday’s choppy trading session little changed as investors weighed a series of new developments. Global regulators fines on major banks, drop in oil prices, and the U.S and China’s effort to curb carbon emissions had a negative impact on financial, energy and utility sectors, respectively. On the other hand, upbeat earnings from retailers helped the consumer discretionary sector […]
Benchmarks ended mostly in the negative territory on Wednesday after a drop in Apple shares weighed on the broader markets. A possibility of a cease-fire between Ukraine and Russia had initially lifted the markets. Meanwhile, investors were reluctant to bet big bucks ahead of the European Central Bank’s monthly policy meeting on Thursday.For a look at the issues currently facing […]
TOKYO (AP) — Asian stock markets were lackluster Thursday after Wall Street fell and as investors looked ahead to a European Central Bank meeting and U.S. economic data.KEEPING SCORE: Japan’s Nikkei 225 was down 0.2 percent at 15,703.89 while South Korea’s Kospi added 0.2 percent to 2,055.58. Hong Kong’s Hang Seng shed 0.4 percent to 25,229.91. Markets in Southeast Asia […]
Benchmarks settled in the green on Friday after promising economic numbers negated overseas tensions. Encouraging economic data on consumer sentiment and Chicago-area business conditions overshadowed concerns related to the Russia-Ukraine crisis and increased terror-threat level in the United Kingdom. Friday’s gains helped the S&P 500 close at a record high. The index finished above the 2k mark for the third […]
Markets ended mostly in the red on Friday as both US Fed chairwoman Janet Yellen and ECB President Mario Draghi’s speeches at Jackson Hole, Wyo failed to encourage investors. Escalating tensions between Russia and Ukraine also dragged the benchmarks down. Markets also witnessed the year’s lowest intraday composite traded volume for NYSE and Nasdaq.For a look at the issues currently […]
New deals, upbeat homebuilder confidence data and easing tensions between Russia and Ukraine handed markets strong gains on Monday. Meanwhile, investors waited for what Janet Yellen and Mario Draghi have to say at Jackson Hole, Wyo on Friday. The S&P 500 is now 1% away from its record high and Nasdaq closed above 4,500 points for the first time in […]
