Angela's Feed
Aug 1, 2014

Despite sharp selloff, too early to worry about a correction

NEW YORK (Reuters) – Wall Street’s worst week in two years was enough to get investors worried about whether a long-overdue correction is coming, but analysts are still leaning bullish.

The S&P 500 ended the week down 2.7 percent, its biggest weekly loss since June 2012, a decline that had followed several weeks of selling.

Aug 1, 2014

Wall St Week Ahead-Despite sharp selloff, too early to worry about a correction

NEW YORK, Aug 1 (Reuters) – Wall Street’s worst week in two
years was enough to get investors worried about whether a
long-overdue correction is coming, but analysts are still
leaning bullish.

The S&P 500 ended the week down 2.7 percent, its biggest
weekly loss since June 2012, a decline that had followed several
weeks of selling.

Aug 1, 2014

Massive, unusual options volume Friday confounds Wall St

Aug 1 (Reuters) – A barrage of bearish options contracts
costing an estimated $8 million and nearly certain to expire
worthless at the end of Friday’s session were purchased across
multiple stocks Friday afternoon in a move that traders said
made no sense.

After 1 p.m. EDT (1700 GMT), more than 700,000 put options
contracts were traded across a number of different stocks,
including Priceline, Chipotle Mexican Grill and
others, most of which expire at the end of Friday’s trading,
according to Henry Schwartz, president of Trade Alert LLC.

Jul 31, 2014

Shares down as Wall St tumbles; Dollar adds to monthly gain

NEW YORK, July 31 (Reuters) – Global equity markets tumbled
on Thursday, hurt by ongoing tensions with Russia and
Argentina’s second default in 12 years, while the U.S. dollar
edged higher against a basket of major currencies for its
strongest monthly gain in over a year.

Wall Street was hit hard, with the Dow and the S&P 500
posting their first monthly decline since January, while the
Nasdaq fell for a third month in the last five.

Jul 31, 2014

Shares off as Wall St tumbles; dollar edges up

NEW YORK, July 31 (Reuters) – Global equity markets tumbled
on Thursday, hurt by ongoing tensions with Russia and
Argentina’s second default in 12 years, while the dollar edged
higher against a basket of major currencies.

Wall Street was hit hard, with major stock indices down more
than 1 percent and the Dow Jones industrial average on track to
record its first monthly decline since January.

Jul 31, 2014

Shares slide as Wall St tumbles; U.S. Treasuries yields rise

NEW YORK (Reuters) – Doubts on whether stock markets can ride out a tightening of U.S. monetary policy dominated trade on Thursday, sending major U.S. stock indexes down more than 1 percent, while the dollar edged higher against a basket of major currencies.

The dollar edged higher against a basket of major currencies after U.S. labor market data bolstered expectations for a more hawkish Federal Reserve.

Jul 30, 2014

Dollar, Treasuries yields gain after Fed statement

NEW YORK, July 30 (Reuters) – The dollar held gains against
a basket of major currencies while U.S. Treasuries yields surged
on Wednesday after the Federal Reserve raised its assessment of
the U.S. economy while reiterating it is in no hurry to increase
interest rates.

The Fed took note of a decline in the jobless rate and
signaled more comfort that inflation was moving up toward its
target.

Jul 30, 2014

Dollar, Treasuries yields hold gains after Fed statement

NEW YORK (Reuters) – The dollar held gains against a basket of major currencies while U.S. Treasuries yields surged on Wednesday after the Federal Reserve raised its assessment of the U.S. economy while reiterating it is in no hurry to increase interest rates.

The Fed took note of a decline in the jobless rate and signaled more comfort that inflation was moving up toward its target.

Jul 30, 2014

Dollar, Treasuries yields gain after strong U.S. GDP

NEW YORK, July 30 (Reuters) – The dollar hit 10-month highs
against a basket of major currencies on Wednesday while U.S.
two-year note yields surged to their highest since May 2011
after data showed surprisingly strong U.S. economic growth.

U.S. GDP expanded at a faster-than-expected 4.0 percent
annual rate in the second quarter after shrinking at a revised
2.1 percent pace in the prior period, the Commerce Department
said Wednesday. Economists polled by Reuters had forecast a 3.0
percent growth rate.

Jul 29, 2014

Shares just below all-time highs, dollar moves higher

NEW YORK (Reuters) – World share markets hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in China, while Russian stocks enjoyed some respite after three days of heavy selling.

Investors were reluctant, however, to make bold moves ahead of a batch of U.S. economic news due this week, including a Federal Reserve meeting, GDP data on Wednesday and non-farm payrolls on Friday.