Futures slightly lower as U.S.-North Korea tensions escalate

usa stocks
(Reuters) - U.S. stock index futures were slightly lower on Friday after tensions between North Korea and the United States escalated again, pushing investors to safe-haven assets. * North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after U.S. President Donald Trump vowed to destroy the reclusive country in his United Nations address. * Trump on Thursday put more economic pressure on North Korea by ordering additional sanctions, including on its shipping and trade networks but stopped short of going after Pyongyang’s biggest trading partner, China. * The latest spike in tensions prompted demand for gold, which rebounded from a four-week low on Friday. * Wall Street slipped on Thursday as investors braced for a third interest rate hike this year and shares of…
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Wall St. lower as investors assess Fed’s hawkish stance

Wall St. lower as investors assess Fed’s hawkish stance

usa stocks
(Reuters) - U.S. stocks pulled back from their all-time highs on Thursday as investors assessed the Federal Reserve’s policy statement, which hinted at raising interest rates for the third time this year and laid out plans to roll back its monetary stimulus. The Fed said it would begin to reduce its approximately $4.2 trillion in holdings of U.S. Treasury bonds and mortgage-backed securities - acquired in the years after the 2008 financial crisis - from October. While the central bank left rates unchanged, it cited low unemployment, growth in business investment and an economic expansion that has been moderate but durable this year to build its case for another rate hike in 2017. Interest rate futures are now pricing in about a 70 percent chance of a December hike, according…
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Futures flat as investors focus on Fed meeting

Futures flat as investors focus on Fed meeting

globalMarketsNews
(Reuters) - U.S. stock index futures were little changed on Wednesday as investors awaited clues from the Federal Reserve meeting on whether the central bank will raise interest rates for a third time this year. * The policy statement and projections are due to be released at 2 p.m. ET (1800 GMT). Fed Chair Janet Yellen will hold a press conference half an hour later. * The Fed is likely to say that it will start unwinding its holdings of about $4.2 trillion in bonds and mortgage-backed securities from October. * While a September interest rate increase is not expected, investors will closely study Yellen’s views on inflation. * Though inflation remains stubbornly below the Fed’s 2- percent target rate, a recent data showed uptick in domestic consumer prices, which…
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Wall St. edges up on telecom gains; Fed meet in focus

Wall St. edges up on telecom gains; Fed meet in focus

usa stocks
(Reuters) - U.S. stocks edged up in early afternoon trading on Tuesday, helped largely by gains in telecom stocks, but traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve’s policy meeting. The U.S. central bank, which begins its two-day meeting on Tuesday, is widely expected to announce on Wednesday that it will begin paring its bond holdings, with reductions likely to start in the coming months. While an interest rate increase is not expected, investors will closely watch Fed Chair Janet Yellen’s views on inflation, which remains stuck below the Fed’s 2-percent target rate. “People are in wait-and-see mode. The expectations are that rates will remain unchanged and they (the Fed) will start balance sheet unwinding. But there’s always a possibility…
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Wall St. hits new record highs as financials, industrials gain

Wall St. hits new record highs as financials, industrials gain

usa stocks
(Reuters) - Wall Street hit new life highs after open on Monday lifted by industrials and financials stocks as tensions eased on the Korean peninsula and focus shifted to the Federal Reserve’s meeting. Caterpillar’s (CAT.N) 1.8 percent rise was the biggest boost on the Dow while the S&P and the Nasdaq were lifted by Nvidia’s (NVDA.O) 3.6 percent increase. A relatively quiet North Korea and U.S. Secretary of State Rex Tillerson’s comments on “peaceful solution” over the weekend have calmed investors. However, the tensions could be back in focus with U.S. President Donald Trump set to address world leaders at the United Nations on Tuesday. The Federal Open Market Committee’s two-day meeting starting on Tuesday is unlikely to result in an interest rate increase, but investors will focus on how…
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Wall St. indexes eke out fresh record highs

Wall St. indexes eke out fresh record highs

globalMarketsNews
(Reuters) - The three major Wall Street indexes inched up to record highs on Friday, as investors shrugged off North Korea’s latest missile test and domestic economic data that did little to move the needle on the timing of an interest rate hike. Earlier in the day, Pyongyang fired a second missile in as many weeks over Japan, drawing criticism from global leaders but barely moving shares as investors await the next catalyst - the Federal Reserve’s meeting on Sept. 19-20. No monetary policy change is expected at the meet, but the odds of a December rate hike jumped on Thursday after a strong report on consumer prices, a closer read through on inflation, which the central bank is closely monitoring. U.S. retail sales unexpectedly fell last month, the Commerce…
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LAST DAY DEAL! SAVE 20% OFF ON YOUR PURCHASE ON KINDLE!

LAST DAY DEAL! SAVE 20% OFF ON YOUR PURCHASE ON KINDLE!

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Get 20% off on your purchase on kindle! Last day deal! Just $7.99 GRAB YOURS NOW! What is in this new addition? I have added 8 more strategies so you can diversify your portfolio even further they are as follows: overall 84% probability of success against the buy and hold method and an average yearly return of 25% against the buy & hold method which has an average return of 6%. In my book it tells you in detail which weeks to be in and which week to avoid for each different ETF, it also tells you the winning probability and the average yearly returns for the trading system compared to the traditional buy and hold method, so you can determine risk and reward.
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S&P opens at record high as Irma weakens; Apple in focus

S&P opens at record high as Irma weakens; Apple in focus

usa stocks
(Reuters) - The S&P opened at a record high on Tuesday as Irma further weakened to a post-tropical cyclone, and ahead of the highly anticipated launch of the new iPhone. The weakening of Irma, the second major natural disaster to hit the United States after Hurricane Harvey, allayed concerns about the severity of its financial impact. “Investors have gained confidence that the worst is over and concerns over Irma’s economic impact seem to have disappeared for the moment,” said Andre Bakhos, managing director of Janlyn Capital in Bernardsville, New Jersey. All eyes will be on Apple (AAPL.O) as it prepares to unveil the 10th anniversary edition of the iPhone, whose sales will also have repercussions on its rivals and many suppliers. Apple shares dipped 0.3 percent ahead of the event,…
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MEGA SALE! Take 40% off on your purchase on kindle! Tuesday deal only!

MEGA SALE! Take 40% off on your purchase on kindle! Tuesday deal only!

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Who doesn’t like discounts? well get 40% off on your purchase on kindle! Just $5.99 on Tuesday deal only! But “what is it about?” I hear you ask, ahh well I have been working on strategies that leverage seasonal trends in various industries. I believe that supply and demand goes up and down like clockwork just like Christmas, spring, winter, black Friday, summer vacations, so on and so on. All these events have an effect on the stock market and are different depending on the industry. What is in this new addition? I have added 8 more strategies so you can diversify your portfolio even further they are as follows: overall 84% probability of success against the buy and hold method and an average yearly return of 25% against the…
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Futures higher as Irma weakens, North Korea tensions ease

Futures higher as Irma weakens, North Korea tensions ease

usa stocks
(Reuters) - U.S. stock index futures were sharply higher on Monday on relief that Hurricane Irma weakened and North Korea did not conduct a nuclear test over the weekend as feared. * Irma pounded heavily populated areas of central Florida, but gradually lost strength, weakening to a Category 1 hurricane overnight and is expected to weaken to a tropical storm during the day. * The United States and its allies had been bracing for another long-range missile launch for the 69th anniversary of North Korea’s founding on Saturday, but its leader Kim Jong Un hosted a massive celebration instead. * With the tensions easing, safe-haven assets lost appeal, with gold falling from Friday’s 13-month high as the dollar edged up. * Wall Street ended mixed on Friday, with the major…
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