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Jul 29, 2015

U.S. stocks higher after Fed notes improving economy

July 29 (Reuters) – U.S. stocks were higher on Wednesday
after the U.S. Federal Reserve left its key interest rate
unchanged and said the economy and job market continued to
strengthen.

The central bank’s comments on the economy and inflation
after its two-day pow-wow appeared to do little to drastically
change wide expectations that the first rate hike will come in
September or possibly December.

Jul 29, 2015

U.S. stocks stay higher after Fed leaves rates unchanged

July 29 (Reuters) – U.S. stocks stayed higher on Wednesday
after the U.S. Federal Reserve left its key interest rate
unchanged and said the economy and job market continued to
strengthen.

Investors have been focused on the outcome of the Fed’s
two-day policy meeting with many investors divided over whether
to expect a rate hike in September or December.

Jul 28, 2015

Wall Street ends sharply higher as China jitters ebb

July 28 (Reuters) – U.S. stocks ended sharply higher on
Tuesday, breaking a five-day losing streak as attention shifted
from trouble in Chinese equities to U.S. corporate earnings and
to speculation the first Federal Reserve interest rate hike may
not come until December.

The Dow Jones industrial average and S&P 500 chalked up
gains of more than 1 percent, while the Nasdaq Composite lagged
slightly.

Jul 28, 2015

Wall Street rises after China market steadies

By Noel Randewich

(Reuters) – U.S. stocks surged on Tuesday and were on track to break a five-day losing streak as attention shifted from trouble in Chinese equities to U.S. corporate earnings and speculation the first Federal Reserve interest rate hike may not come until December.

The Dow Jones industrial average, S&P 500 and Nasdaq Composite all logged intraday gains of 1 percent or more.

Jul 27, 2015

Wall St drops as China stock slump stokes growth fears

July 27 (Reuters) – Wall Street sank on Monday, with the
Nasdaq losing almost 1 percent after the steepest decline in
Chinese stocks in eight years increased concerns that cooling
growth in the world’s No. 2 economy could hurt China’s trading
partners.

The Dow Jones industrial average finished at its lowest
since February, the Nasdaq Composite hit a four-week low and the
benchmark S&P 500 ended at its lowest in over two weeks.

Jul 27, 2015

Wall St sinks as tumbling China stocks stoke growth fears

July 27 (Reuters) – Wall Street sank on Monday, with the
Nasdaq down 1 percent, after the steepest decline in Chinese
stocks in eight years increased concerns that cooling growth in
the world’s No. 2 economy could hurt its key trading partners.

The Dow Jones industrial average fell to its lowest since
February, while the Nasdaq composite touched a four-week low and
the benchmark S&P 500 hit its lowest in over two weeks.

Jul 27, 2015

Wall St sinks as tumbling China equities stoke growth worry

July 27 (Reuters) – Wall Street sank on Monday, following
the steepest decline in Chinese stocks in eight years, on
worries cooling growth in the world’s No. 2 economy would hurt
its key trading partners.

The Dow Jones industrial average fell to its lowest since
February, while the Nasdaq composite touched a four-week low and
the benchmark S&P 500 hit its lowest in more than two weeks.

Jul 23, 2015

Craft website Etsy likely attracting more short sellers

SAN FRANCISCO (Reuters) – Etsy Inc appears to have attracted more investors in the past week betting that the craft shopping website’s share price will fall, even as a mention from a Google Inc executive last Friday sent its stock soaring 31 percent in one session.

The annual interest rate short sellers pay to borrow shares of Etsy doubled last week to 48 percent, according to SunGard’s Astec Analytics, which tracks securities lending.

Jul 17, 2015

Google propels Nasdaq to another record high close

July 17 (Reuters) – A major rally in Google pushed the
Nasdaq to a second straight record high on Friday while weak
energy stocks weighed on the Dow and S&P 500.

Google surged 16.26 percent to end at an all-time
high of $699.62, a day after reporting strong ad revenue growth.
It was Google’s largest one-day percentage gain since April
2008.

Jul 17, 2015

Google pushes Nasdaq to record high

By Noel Randewich

(Reuters) – The Nasdaq composite hit a new record high on Friday on strong results from Google while weak energy stocks weighed on the Dow and S&P 500.

Google (GOOGL.O: Quote, Profile, Research, Stock Buzz) surged over 16.8 percent to a record high of $703, a day after reporting strong ad revenue growth. Google’s Class A shares were on track for their largest one-day percentage gain since April 2008.

    • 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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