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Nov 6, 2015

Wall St flat as rate hike eyed; banks counter utilities drop

Nov 6 (Reuters) – U.S. stocks ended little changed on
Friday, with a rise in financials countered by a slide in
utilities and other sectors, as Wall Street took the strong U.S.
jobs report as evidence the Federal Reserve will soon raise
interest rates.

Since the Fed last week opened the door to a rate increase
in December, investors have been looking to economic reports for
clues to whether the central bank will take action. Data on
Friday showed U.S. non-farm payrolls growth in October was the
best since December 2014, while the unemployment rate fell to 5
percent, the lowest since April 2008.

Nov 6, 2015

Wall St slips as investors eye rate hike after jobs report

Nov 6 (Reuters) – U.S. stocks slipped on Friday, with a
slide in utilities and other sectors outweighing a rise in
financials, as a strong jobs report gave Wall Street a clear
sign the Federal Reserve could soon raise interest rates.

U.S. non-farm payrolls growth in October was the best since
December 2014, while the unemployment rate fell to 5 percent,
the lowest since April 2008. Since the Fed last week opened the
door to a rate increase in December, investors have been looking
to economic data for clues to whether the central bank will take
action.

Nov 5, 2015

Wall St slips after mixed earnings as jobs report looms

Nov 5 (Reuters) – U.S. stocks edged lower on Thursday as
investors digested mixed tech and healthcare earnings a day
ahead of Friday’s U.S. jobs report.

Energy shares dragged more than other sectors as crude
prices fell. Qualcomm weighed the most on the S&P 500,
falling 15.3 percent to $51.07 after the chipmaker forecast
first-quarter profit below expectations. Biotech Celgene
fell 5.3 percent to $120.46 after its quarterly revenue
missed targets.

Nov 5, 2015

Wall St falls on mixed earnings as jobs report looms

Nov 5 (Reuters) – U.S. stocks slipped on Thursday, weighed
down by energy and healthcare shares and a disappointing report
from Qualcomm ahead of Friday’s U.S. jobs report.

Qualcomm was the biggest drag on the S&P 500,
falling 16.7 percent after the chipmaker forecast first-quarter
profit below expectations, while biotech Celgene fell
5.4 percent after its quarterly revenue missed targets.

Nov 3, 2015

Energy, tech push stocks up; Nasdaq 100 sets record

Nov 3 (Reuters) – Big tech and energy sector gains drove
U.S. stocks higher on Tuesday, as an index of 100 major Nasdaq
companies finished at a record closing high.

The three major indexes continued a positive start for
November, after posting their best monthly performances in four
years in October. The Nasdaq 100 index closed up 0.3
percent at 4,719.05, surpassing for the first time levels
reached during the dot-com boom in 2000.

Nov 3, 2015

Wall Street rises, as energy stocks continue run

Nov 3 (Reuters) – A fifth straight day of gains for energy
shares drove U.S. stocks higher on Tuesday, while big tech names
also helped propel the major indexes.

The S&P energy sector rose 3 percent, easily leading
the 10 major industry groups, as crude prices rallied. Oil
majors Exxon and Chevron rose 2.3 percent and
3.5 percent, respectively, making both stocks among the top
influences on the Dow and S&P.

Nov 2, 2015

Wall St climbs, led by energy, healthcare; Nasdaq 100 hits 15-year high

Nov 2 (Reuters) – U.S. stocks added to their recent run with
gains across all sectors on Monday, led by increases in the
beaten-down energy group and the acquisition-driven healthcare
industry.

The gains on the first trading day of the month followed the
best monthly performance of the major indexes in four years in
October. The Nasdaq 100 on Monday closed at its highest
level in more than 15 years.

Nov 2, 2015

Wall St. up after factory data; Nasdaq 100 hits 15-year high

By Lewis Krauskopf

(Reuters) – U.S. stocks climbed on Monday after a raft of manufacturing data globally and strength in healthcare shares following more acquisition activity.

The gains continued Wall Street’s momentum in the first trading day of the month after the major indexes posted their best monthly performance in four years in October. The Nasdaq 100 touched its highest intraday level in more than 15 years.

Oct 30, 2015

Stocks slip but post best month in four years

Oct 30 (Reuters) – U.S. stock indexes finished with their
strongest monthly performances in four years on Friday, even as
they dipped for the day amid a mixed bag of earnings reports.

For October, all three major indexes posted their biggest
percentage increases since October 2011, with the S&P 500 rising
8.3 percent, led by energy and materials, while a measure of
volatility fell.

Oct 30, 2015

Stocks inch lower, still track to best month in four years

By Lewis Krauskopf

(Reuters) – U.S. stock indexes edged lower on Friday as investors sorted through mixed earnings reports, but were still poised to finish with their best monthly performances in four years.

The S&P 500 energy index .SPNY was the best performing sector, rising 1.5 percent, after better-than-expected results from Exxon (XOM.N: Quote, Profile, Research, Stock Buzz) and Chevron (CVX.N: Quote, Profile, Research, Stock Buzz), each up nearly 2 percent.

    • About Lewis

      "I help coordinate coverage of healthcare companies for Reuters in the United States. I also cover health insurers, pharmacy benefit managers, generic drugmakers and pharmaceutical companies."
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