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Apr 20, 2015

Wall St rallies on China stimulus ahead of tech earnings

April 20 (Reuters) – Wall Street rose on Monday, reversing
much of the previous session’s sharp decline, as China’s steps
to stimulate its slowing economy and cautious optimism about
U.S. earnings lured investors into technology stocks.

In the second industry-wide cut in two months, China’s
central bank on Sunday reduced the amount of cash that banks
must hold as reserves in a move to help spur lending and combat
slowing growth.

Apr 20, 2015

Wall St. rallies on China stimulus, cautious earnings optimism

By Noel Randewich

(Reuters) – U.S. stocks rose on Monday, reversing much of the previous session’s sharp decline, as China’s steps to stimulate its slowing economy and cautious optimism about U.S. earnings lured investors into equities.

In the second industry-wide cut in two months, China’s central bank on Sunday reduced the amount of cash that banks must hold as reserves in a move to help spur bank lending and combat slowing growth.

Apr 16, 2015

Wall St ends slightly lower as earnings worries linger

April 16 (Reuters) – U.S. stocks ended marginally lower on
Thursday as lingering worries about upcoming corporate earnings
reports offset enthusiasm about a trio of soaring Wall Street
debuts.

Weighing on the S&P 500 were Apple and General
Electric, which is expected to report its first-quarter
results on Friday before the start of trading.

Apr 16, 2015

Wall St mixed as Netflix surges and investors eye earnings

April 16 (Reuters) – U.S. stocks were mixed on Thursday
afternoon as soaring Wall Street debuts by online retailer Etsy
and trading firm Virtu offset lingering worries about upcoming
corporate earnings reports.

The S&P 500′s top gainer, Netflix, jumped 18
percent a day after the video streaming service posted
better-than-expected results.

Apr 15, 2015

Wall St ends higher as jitters about earnings and oil recede

April 15 (Reuters) – U.S. stocks closed higher on Wednesday,
fueled by gains in oil companies and speculation that upcoming
first-quarter earnings reports might not be quite as weak as
previously thought.

All 10 major S&P 500 sectors gained, with the energy index
leading, up 2.3 percent. U.S. crude jumped more
than 5 percent after a lower-than-expected build of U.S. crude
stockpiles.

Apr 15, 2015

Wall St rises as earnings jitters recede and oil rebounds

April 15 (Reuters) – U.S. stocks rose on Wednesday, fueled
by gains in the energy sector and speculation that upcoming
firt-quarter earnings reports might not be quite as bad as
previously thought.

All 10 major S&P 500 sectors rose, with the energy index
up 1.89 percent. U.S. crude jumped more than 4
percent after a lower-than-expected build of crude stockpiles in
the United States.

Apr 14, 2015

Wall Street ends higher after bounce in oil prices

NEW YORK, April 14 (Reuters) – The Dow and S&P 500 ended
higher on Tuesday, helped by energy stocks and March-quarter
earnings reports that topped modest expectations following
worries about a strong dollar.

Shares of Exxon Mobil, Chevron and other energy companies
followed crude higher after a forecast that U.S. shale oil
output in May would record its first monthly decline in more
than four years. The S&P 500 energy index
jumped 1.77 percent.

Apr 14, 2015

Wall Street moves higher, led by energy shares

NEW YORK (Reuters) – The Dow and S&P 500 moved higher on Tuesday, helped by energy stocks and March-quarter earnings reports that topped modest expectations but did little to reduce concerns about the strong dollar.

Shares of Exxon Mobil, Chevron and other energy companies followed crude higher after a forecast that U.S. shale oil output in May would record its first monthly decline in more than four years. The S&P 500 energy index .SPNY jumped 1.95 percent.

Apr 11, 2015

Backlogged orders as shoppers get close-up look at Apple Watch

SAN FRANCISCO/PARIS (Reuters) – Customers preordering Apple Inc’s smartwatch on Friday will have to wait at least a month for delivery, a sign of strong early demand for company chief Tim Cook’s first new major product.

People flocked to Apple’s stores around the world to get a close-up look at the Apple Watch, the tech company’s foray into the personal luxury goods market, with Apple predicting demand would exceed supply at product launch.

Apr 10, 2015

Strong turnout in Australia for first glimpse at Apple Watch

SYDNEY/SAN FRANCISCO, April 10 (Reuters) – Consumers in
Australia flocked to Apple Inc’s retail store in Sydney
on Friday to get the world’s first up-close look at the tech
giant’s new smartwatch, which the company expects will be its
next runaway hit.

The Apple Watch, CEO Tim Cook’s first new major product, was
available for pre-order online and to try out in stores – but
not take home.

    • 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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