Wall Street opens higher on optimism around NAFTA progress

Wall Street opens higher on optimism around NAFTA progress

In the News
(Reuters) - U.S. stocks opened higher on Monday, with the benchmark S&P 500 index and the Nasdaq hitting record highs on optimism around news that the United States and Mexico were closing in on a trade deal. The Dow Jones Industrial Average .DJI rose 92.36 points, or 0.36 percent, at the open to 25,882.71. The S&P 500 .SPX opened higher by 10.00 points, or 0.35 percent, at 2,884.69. The Nasdaq Composite .IXIC gained 43.67 points, or 0.55 percent, to 7,989.64 at the opening bell. Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets
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Wall St. opens lower as trade tensions escalate

Wall St. opens lower as trade tensions escalate

In the News
(Reuters) - U.S. stocks opened lower on Wednesday after China retaliated to Washington’s latest tariffs, clouding a strong showing for corporate earnings. The Dow Jones Industrial Average .DJI fell 13.19 points, or 0.05 percent, at the open to 25,615.72. The S&P 500 .SPX opened lower by 1.66 points, or 0.06 percent, at 2,856.79. The Nasdaq Composite .IXIC dropped 3.66 points, or 0.05 percent, to 7,880.00 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru; Editing by Anil D'Silva Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets
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Wall Street opens higher, S&P near record high

Wall Street opens higher, S&P near record high

In the News
(Reuters) - U.S. stocks opened higher on Tuesday, with the S&P 500 within striking distance of a record high, lifted by gains in technology stocks. [caption id="attachment_2121" align="alignnone" width="644"] Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., July 6, 2016. REUTERS/Lucas Jackson[/caption] The Dow Jones Industrial Average .DJI rose 49.47 points, or 0.19 percent, at the open to 25,551.65. The S&P 500 .SPX opened higher by 5.52 points, or 0.19 percent, at 2,855.92. The Nasdaq Composite .IXIC gained 18.94 points, or 0.24 percent, to 7,878.62 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an…
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Wall Street opens lower as Boeing drags on industrials

Wall Street opens lower as Boeing drags on industrials

In the News
(Reuters) - U.S. stocks opened lower on Wednesday, as disappointing results from Boeing weighed on industrial companies and as investors eyed trade talks between the United States and European Commission. The Dow Jones Industrial Average .DJI fell 58.24 points, or 0.23 percent, at the open to 25,183.70. The S&P 500 .SPX opened lower by 2.67 points, or 0.09 percent, at 2,817.73. The Nasdaq Composite .IXIC dropped 1.67 points, or 0.02 percent, to 7,839.09 at the opening bell. Reporting by Amy Caren Daniel in Bengaluru Want better returns then the S&P 500? Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets
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Wall Street lower on weak earnings, escalating trade tensions

Wall Street lower on weak earnings, escalating trade tensions

In the News, marketsNews
(Reuters) - U.S. stock indexes were trading lower on Thursday, as a batch of weak quarterly reports dampened a robust earnings season and trade tensions rose on news the European Union may retaliate if United States slaps tariffs on EU cars. [caption id="attachment_2191" align="aligncenter" width="780"] Traders work on the floor of the New York Stock Exchange (NYSE) as the market closes in New York, U.S., October 3, 2016. REUTERS/Lucas Jackson[/caption] EU Trade Commissioner Cecilia Malmstrom said she hoped a mission to Washington would ease the trade dispute that started after the United States imposed tariffs on EU steel and aluminum on June 1, with President Donald Trump threatening to extend them to cars and auto parts. “Today’s theme is trade war, as the EU is going to retaliate against car…
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Netflix drags Wall Street lower ahead of Powell’s testimony

In the News, marketsNews
(Reuters) - Wall Street dipped on Tuesday as Netflix’s slump due to weak subscriber growth weighed on other high-growth stocks, while investors awaited Federal Reserve Chairman Jerome Powell’s Congressional testimony. Powell is likely to reiterate the central bank’s stance toward gradual monetary policy tightening at his testimony on the economy and monetary policy before the U.S. Senate Banking Committee from 10.00 a.m. ET. The markets will also look for his comments on recent U.S.-China trade tensions. Powell will answer questions from the House of Representatives Financial Services Committee on Wednesday. “The main focus of the day will be Powell’s presentation of the monetary policy,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. “Investors will be listening very closely at what he’s going to say and…
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S&P hits four-month high on oil, Pepsi boost

S&P hits four-month high on oil, Pepsi boost

In the News, US Economy
(Reuters) - U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, boosted by higher oil prices and strong results from PepsiCo. PepsiCo’s shares rose 4.3 percent after the company’s quarterly revenue and profit topped analysts’ estimates, helped by strong sales in its Frito-Lay unit. “The first major earnings report came out, and PepsiCo’s earnings beat expectations and that’s a good start for the market,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. PepsiCo helped drive a 0.61 percent gain in the consumer staples index. Rival Coca-Cola rose nearly 1 percent. The energy index was the biggest gainer among the 11 major S&P sectors, jumping 1.39 percent as oil prices rose due to growing supply outages. Shares of Exxon, Chevron and Schlumberger…
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Wall Street enters third day of gains as trade fears ease

In the News, marketsNews
(Reuters) - U.S. stocks rose on Monday, with bank stocks leading third day of gains in a row after strong U.S. jobs data from last week helped investors brush aside trade concerns. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 6, 2018. REUTERS/Brendan McDermid The S&P financial index rose 1.3 percent, providing the biggest boost to the main S&P index. But gains were widespread, with technology, energy, industrials, consumer discretionary and healthcare stocks rising. The United States and China engaged in tit-for-tat tariffs on Friday, both countries imposing duties worth $34 billion on each others’ goods. But the benchmark S&P 500 closed up 0.84 percent on Friday as many analysts said the move was already priced in, but warned…
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U.S. economy slows in first quarter as consumer spending brakes sharply

U.S. economy slows in first quarter as consumer spending brakes sharply

In the News, US Economy
WASHINGTON, April 27 (Reuters) - The U.S. economy slowed in the first quarter as consumer spending grew at its weakest pace in nearly five years, but the setback is likely temporary against the backdrop of a tightening labor market and large fiscal stimulus. Gross domestic product increased at a 2.3 percent annual rate, the Commerce Department said in its snapshot of first-quarter GDP on Friday, also held back by a moderation in business spending on equipment and investment in homebuilding. The economy grew at a 2.9 percent pace in the fourth quarter. Economists polled by Reuters had forecast output rising at a 2.0 percent rate in the January-March period. The first-quarter growth pace is, however, probably not a true reflection of the economy, despite the weakness in consumer spending. First-quarter…
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Twitter, tech stocks hit as Wall Street turns lower

Twitter, tech stocks hit as Wall Street turns lower

In the News
(Reuters) - U.S. stocks headed lower on Wednesday with technology bearing the brunt of falls soon after opening as investors worried over rising bond yields, corporate costs and rising trade tensions with China. Shares of the world’s biggest plane maker, rose 1.65 percent and provided some support to the Dow Jones Industrial Average index after it reported a higher-than-expected quarterly profit and raised full-year forecast for earnings and cash flow. The yield on 10-year U.S. Treasury notes, the benchmark for global interest rates, held above 3 percent after crossing the level for the first time in four years on Tuesday, stoking concerns about higher borrowing rates for companies. The Wall Street Journal also reported the U.S. Department of Justice has opened a criminal investigation into Chinese tech company Huawei Technologies…
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