Angela's Feed
Jul 18, 2014

Wall St rebounds from selloff; indexes up for the week

NEW YORK, July 18 (Reuters) – U.S. stocks rose on Friday,
rebounding a day after the S&P 500 suffered its worst slide
since April 10, with the three major indexes closing higher for
the week.

Technology stocks ranked among the day’s biggest gainers.
Google led the rally. Its stock jumped 4.2 percent to
$605.11 a day after the No. 1 Internet search company reported
second-quarter results that beat investors’ expectations. Shares
of Facebook Inc gained 3 percent to $68.42.

Jul 18, 2014

Wall St rebounds after sharp drop; tech shares rally

NEW YORK, July 18 (Reuters) – U.S. stocks rose on Friday,
rebounding a day after the S&P 500 suffered its worst decline
since April 10, with the benchmark index on track to post a
modest gain for the week.

Technology and consumer finance stocks ranked among the
day’s biggest gainers. At the top of the pack, shares of Google
jumped 4.1 percent to $604.62 a day after the company
reported second-quarter results that beat investors’
expectations. Facebook Inc shares gained 2.6 percent to
$68.15.

Jul 17, 2014

Wall St tumbles on Malaysian airliner crash news

NEW YORK, July 17 (Reuters) – U.S. stocks fell sharply lower
on Thursday, with the S&P 500 posting its biggest one-day
percentage drop since April 10 on news that a Malaysian Airlines
passenger jet crashed near the Ukraine-Russia border.

Investors sold stocks in a move to avoid risk and poured
some money into safe-haven investments like gold and U.S.
government bonds as the crash stoked concerns that the conflict
in Ukraine might widen after U.S. sanctions against Russia were
announced late Wednesday.

Jul 17, 2014

Wall St slides on news of Malaysian airliner crash

NEW YORK, July 17 (Reuters) – U.S. stocks fell on Thursday
in volatile trading on news that a Malaysian Airlines passenger
jet crashed near the Ukraine-Russia border, after the United
States and European Union imposed sanctions on Russia.

Investors sold equities in a move to avoid risk because of
conflicting reports about the reason why the plane went down. A
New York Stock Exchange floor trader, who spoke on condition of
anonymity, cited reports that the plane might been shot down.

Jul 16, 2014

Wall St climbs on M&A, results; Dow ends at record high

NEW YORK, July 16 (Reuters) – U.S. stocks rose on Wednesday,
with the Dow Jones industrial average closing at a record high,
boosted by the latest merger news and some strong corporate
earnings.

Time Warner Inc shares jumped 17.1 percent to $83.13
and ranked as the S&P 500′s best performer after Twenty-First
Century Fox confirmed it made an $80 billion takeover
offer for the company that was turned down. Twenty-First Century
Fox shares fell 6.2 percent to $33.00.

Jul 16, 2014

Wall St gains on earnings, M&A deals

NEW YORK, July 16 (Reuters) – U.S. stocks edged up on
Wednesday with the Dow industrial average hitting a new intraday
high, buoyed by the latest merger news.

Time Warner shares jumped 17.1 percent to $83.15 as
the best performer on the S&P 500 after Twenty-First Century Fox
confirmed it made an $80 billion takeover offer for the
company that was turned down. Twenty-First Century Fox shares
lost 4.5 percent to $33.60.

Jul 15, 2014

S&P 500, Nasdaq dip on Yellen’s comments; Apple up late

NEW YORK, July 15 (Reuters) – U.S. stocks pulled back on
Tuesday after Federal Reserve Chair Janet Yellen and her fellow
Fed policymakers raised concerns about “substantially stretched
valuations” in some sectors.

But the major U.S. stock indexes closed well above session
lows with the Dow Jones industrial average erasing all of its
earlier losses.

Jul 15, 2014

Wall St retreats after Yellen’s comments on valuations

NEW YORK, July 15 (Reuters) – U.S. stocks pulled back on
Tuesday after Federal Reserve Chair Janet Yellen and her fellow
Fed policymakers raised concerns about “substantially stretched
valuations” in some sectors.

But the major U.S. stock indexes closed well above session
lows with the Dow Jones industrial average erasing all of its
earlier losses.

Jul 15, 2014

Wall St pulls back on Yellen’s comments on valuations

NEW YORK, July 15 (Reuters) – U.S. stocks fell on Tuesday
after Federal Reserve Chair Janet Yellen and her fellow Fed
policymakers raised concerns about “substantially stretched
valuations” in some sectors.

In the monetary policy report accompanying her congressional
testimony, Yellen said that “equity valuations of smaller firms
as well as social media and biotechnology firms appear to be
stretched.”

Jul 9, 2014

Wall St rises after Fed minutes on ‘easy money’ exit

NEW YORK, July 9 (Reuters) – U.S. stocks finished higher on
Wednesday, rebounding from a sharp two-day selloff, after
minutes from the last Federal Reserve meeting showed
policymakers have started to detail how the central bank will
end its easy monetary policy.

The Fed indicated it will end its bond purchases in October
and appeared near agreement on a plan to manage interest rates
in the future, according to the minutes.