Michael's Feed
Mar 27, 2015

Chipmaker deal helps Wall St. rebound

NEW YORK (Reuters) – Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.

U.S. Treasury debt prices jumped on government data indicating U.S. economic growth was slowing and the dollar was down, while gold had its first losing day after a seven-session rally.

Mar 27, 2015

Chipmaker deal helps Wall St rebound, oil slumps anew

NEW YORK, March 27 (Reuters) – Wall Street on Friday closed
higher for the first time in a week, lifted by rising tech
stocks, while oil prices slumped 5 percent on receding fears
about Middle East fighting disrupting supplies.

U.S. Treasury debt prices jumped on government data
indicating U.S. economic growth was slowing and the dollar was
down, while gold had its first losing day after a seven-session
rally.

Mar 27, 2015

Shares up at end of down week, oil prices retreat

NEW YORK, March 27 (Reuters) – Wall Street and European
stocks edged ahead on Friday but remained en route to a losing
week while U.S. Treasury debt prices jumped on government data
indicating U.S. economic growth was slowing.

Brent oil fell below $50 a barrel after Thursday’s spike on
Saudi-led air attacks in Yemen, and the dollar was down.

Mar 27, 2015

Global shares advance at end of down week, oil prices retreat

NEW YORK (Reuters) – Wall Street and European stocks edged ahead on Friday but remained en route to a losing week as U.S. Treasury debt yields declined on government data indicating U.S. economic growth was slowing.

Trading in many markets was choppy, with oil dropping back after Thursday’s spike on Saudi-led air attacks in Yemen and investors awaiting a speech on monetary policy later on Friday by Federal Reserve Chair Janet Yellen.

Mar 27, 2015

Shares advance at end of down week, oil prices retreat

NEW YORK, March 27 (Reuters) – Wall Street and European
stocks edged ahead on Friday but remained en route to a losing
week as U.S. Treasury debt yields declined on government data
indicating U.S. economic growth was slowing.

Trading in many markets was choppy, with oil dropping back
after Thursday’s spike on Saudi-led air attacks in Yemen and
investors awaiting a speech on monetary policy later on Friday
by Federal Reserve Chair Janet Yellen.

Mar 26, 2015

Stocks slide, oil prices jump after Yemen air strikes

NEW YORK (Reuters) – Stock markets worldwide were knocked lower and oil prices jumped on Thursday after Saudi Arabia and its allies carried out air strikes in Yemen that fueled worries Middle East energy shipments may be put at risk, although Wall Street later recovered.

Brent oil LCOc1 was last at $59.32 a barrel, up 5 percent but off a session high of $59.78. U.S. crude CLc1 was up 4.5 percent at $51.41 a barrel after reaching $52.48.

Mar 26, 2015

Global stocks tumble, oil surges on Yemen air strikes

NEW YORK (Reuters) – Stock markets around the world were knocked lower and oil prices jumped as much as 6 percent on Thursday after Saudi Arabia and its allies carried out air strikes in Yemen that also stung the dollar.

Key indexes on Wall Street, which had already been declining this week on fears U.S. economic growth may be slowing, were down as much as 1 percent in early trading, while the Japanese yen and the Swiss franc rose against the dollar.

Mar 25, 2015

U.S. stocks sell off, dollar slips on growth worries

NEW YORK, March 25 (Reuters) – Wall Street stocks sold off
sharply, with semiconductor and biotech shares sliding more than
4 percent, and the dollar slipped on Wednesday after government
data signaled the U.S. economic expansion was slowing.

Treasuries also dropped in price after a disappointing sale
of new government debt, while gains in the euro prompted a
pullback in European stock markets.

Mar 25, 2015

Stocks slump, dollar slips on U.S. growth worries

NEW YORK, March 25 (Reuters) – Wall Street stocks tumbled
and the dollar slipped on Wednesday after government data
signaled the U.S. economic expansion was slowing, while gains in
the euro prompted a pullback in European stock markets.

The main U.S. stock indices were off more than 1 percent
midway through a session that began with a modest lift on news
of a deal between Kraft Foods and Heinz Co to create
North America’s third-largest food company.

Mar 25, 2015

Wall Street, dollar slip on U.S. growth worries

NEW YORK (Reuters) – Wall Street stocks and the dollar slipped on Wednesday as government data signaled the U.S. economic expansion was slowing, while gains in the euro prompted a pullback in European stock markets.

A modest lift at the opening bell for U.S. stocks on news of a deal between Kraft Foods (KRFT.O: Quote, Profile, Research, Stock Buzz) and Heinz Co to create North America’s third-largest food company failed to hold, with stocks fading after data showed unexpectedly weak U.S. durable goods orders.