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Jun 5, 2015

Lukewarm stock market has investors betwixt and between

SAN FRANCISCO/NEW YORK (Reuters) – Stock investors are expected to tread carefully next week, as speculation about the timing of a U.S. Federal Reserve interest rate hike adds to concerns about valuations.

Since hitting record levels two weeks ago, the U.S. stock market has struggled for direction, and investors said the next several sessions might prove no better. A run of better-than-expected economic figures failed to boost sentiment and instead renewed focus on whether the Fed will begin to raise short-term lending rates before long.

Jun 5, 2015

Wall St Week Ahead-Lukewarm stock market has investors betwixt and between

SAN FRANCISCO/NEW YORK, June 5 (Reuters) – Stock investors
are expected to tread carefully next week, as speculation about
the timing of a U.S. Federal Reserve interest rate hike adds to
concerns about valuations.

Since hitting record levels two weeks ago, the U.S. stock
market has struggled for direction, and investors said the next
several sessions might prove no better. A run of
better-than-expected economic figures failed to boost sentiment
and instead renewed focus on whether the Fed will begin to raise
short-term lending rates before long.

May 29, 2015

Russell index adjustments could produce $40 bln trade flurry

NEW YORK, May 29 (Reuters) – Investors trying to capitalize
on the annual tweaks to the makeup of Russell stock indexes may
produce a rush of transactions worth over $40 billion in the
final moments of trading on Friday, June 26, when those changes
are formalized.

The Wall Street summer ritual – often the biggest trading
day of the year – occurs when Russell Investments updates the
component companies in its Russell 1000, 2000 and 3000 indexes
to keep up with the rise and fall of U.S. corporations. Unlike
index operators like Standard and Poor’s, which adds and removes
components throughout the year, Russell reconstitutes its
indexes just once.

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.

    • 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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