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May 27, 2015

Tech, healthcare lead Wall St higher; Nasdaq hits record

May 27 (Reuters) – U.S. stocks ended sharply higher on
Wednesday and the Nasdaq logged a record high close, led by a
rebound in technology and healthcare stocks and optimism that
Greece would avoid defaulting on its debt.

Reports that Athens and its creditors were near a deal
pushed the euro higher against the dollar, partly reversing
recent moves. EU officials, however, dismissed Greek claims an
aid agreement was being drafted.

May 27, 2015

Wall Street rebounds led by tech, healthcare stocks

May 27 (Reuters) – U.S. stocks were on track for their
strongest daily gain in two weeks on Wednesday, led by
technology and healthcare stocks and hopes that Greece would
avoid defaulting on its debt.

Reports that Athens and its creditors were near a deal
pushed the euro higher against the dollar, partly reversing
recent moves. EU officials, however, dismissed Greek claims an
aid agreement was being drafted.

May 22, 2015

Wall St ends lower after Yellen comments fail to inspire

May 22 (Reuters) – U.S. stocks ended weaker on Friday after
Federal Reserve Chair Janet Yellen indicated that the central
bank was poised to raise interest rates this year, in line with
Wall Street’s expectations.

Lackadaisical trading volume during the session ended a week
of slow activity that has left many investors unconvinced that
recent record-high levels are likely to last.

May 22, 2015

Wall St flat, Yellen comments in line with expectations

May 22 (Reuters) – U.S. stocks were flat on Friday after
Federal Reserve Chair Janet Yellen said it would be appropriate
to raise interest rates this year if the economy continues on
its current path, in line with broad expectations on Wall
Street.

In a speech, Yellen said the economy was well-positioned for
growth and that it would take several years to return to normal
interest rates.

May 21, 2015

S&P ends at all-time highs but traders eye weak volume

May 21 (Reuters) – The S&P 500 closed at a record high on
Thursday after disappointing economic data bolstered
expectations that an interest rate hike is likely to come only
later in the year.

Traders warned that below-average volume in recent sessions
suggests that not all of Wall Street may be confident in the
market’s gains.

May 21, 2015

S&P nears all-time high, traders eye weak volume

May 21 (Reuters) – U.S. stocks rose on Thursday afternoon,
with the S&P 500 just shy of its record high as disappointing
economic data bolstered the view that an interest rate hike
would come only later in the year.

Traders warned that below-average volume in recent sessions
suggests that not all of Wall Street may be confident in the
market’s gains.

May 20, 2015

Dow, S&P 500 end slightly lower after Fed minutes

May 20 (Reuters) – U.S. stocks ended marginally lower on
Wednesday after Wall Street saw little in the minutes from last
month’s Federal Reserve meeting to alter expectations of when
the central bank will raise interest rates.

Following the minutes’ release, the Dow and S&P 500 pushed
into record territory before giving up their gains.

May 20, 2015

Dow, S&P 500 in record territory after release of Fed minutes

May 20 (Reuters) – The Dow and S&P 500 pushed into record
high territory on Wednesday after Wall Street saw little in the
minutes from last month’s Federal Reserve meeting to change
expectations of when the central bank will raise interest rates.

Many officials at the Fed’s April policy meeting believed it
would be premature to raise interest rates in June and that a
bump in inflation was being offset by a weaker labor market and
softer data, according to minutes released on Wednesday.

May 20, 2015

U.S. stocks mostly flat after release of Fed minutes

May 20 (Reuters) – U.S. stocks remained near flat on
Wednesday as Wall Street saw little in the minutes from last
month’s Federal Reserve meeting to change expectations of when
the central bank will raise interest rates.

Many officials at the Fed’s April policy meeting believed it
would be premature to raise interest rates in June and that a
bump in inflation was being offset by a weaker labor market and
softer data, according to the minutes.

May 19, 2015

Stocks end mixed; Dow creeps up to new record high

May 19 (Reuters) – U.S. stocks ended mixed on Tuesday, with
the Dow rising marginally to a second straight record high, as
Wall Street digested housing data that some saw as hopeful for
an economy struggling to grow.

U.S. housing starts jumped to their highest level in nearly
7-1/2 years in April and permits soared.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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