Rodrigo's Feed
Sep 30, 2014

Energy, materials shares drag market lower

NEW YORK, Sept 30 (Reuters) – Energy shares were dragging
the market lower on Tuesday alongside those in the materials
space as oil prices tumbled to their lowest in more than two
years and gold and copper fell.

The energy sector of the S&P 500 slipped further
into correction territory, falling 10.7 percent from its year
high set three months ago. However, it is still posting gains
for the year so far, up 1.1 percent.

Sep 30, 2014

Wall St flat as energy, materials offset tech gains

NEW YORK, Sept 30 (Reuters) – U.S. stocks were little
changed on Tuesday, weighed by energy and materials shares, as
economic data failed to meet expectations.

Apple and eBay were lifting the tech sector, giving the
market support.

U.S. consumer confidence fell in September for the first
time in five months and home prices in July rose less than
expected from a year earlier, underscoring the unsteady nature
of U.S. growth.

Sep 27, 2014

Austria’s foreign minister brings Facebook age to U.N. stage

UNITED NATIONS (Reuters) – Austria’s youthful foreign minister began his address to the U.N. General Assembly on Saturday by acknowledging his place in the world and offering something rarely seen during the annual meeting of world leaders.

“I look a bit younger than most of the other speakers before,” said Sebastian Kurz. “Indeed, I believe I am the only person under the age of 30 who has the privilege of speaking here this week.”

Sep 27, 2014

Libya: Send us more arms or face wider terrorism threat

UNITED NATIONS (Reuters) – Libya on Saturday asked the world either to give it more weapons and other support to help restore security and rebuild its institutions or to declare outright that the conflict-torn North African state “must face terrorism alone.”

After describing Tripoli’s descent into chaos, which led the government to abandon its premises in the capital, Aguila Saleh Iissa, president of the Libyan House of Representatives, said: “This would not have happened had the international community taken the situation in Libya seriously.”

Sep 26, 2014

Palestinian president urges ‘firm timetable’ to end occupation

UNITED NATIONS (Reuters) – There is no value in peace talks with Israel unless the goal is ending its 47-year occupation of the Palestinian territories within a “firm timetable”, Palestinian President Mahmoud Abbas told the United Nations General Assembly on Friday.

“It’s high time for this settlement occupation to end now,” Abbas told the 193-member world body, which overwhelming gave the Palestinians de facto statehood in 2012 by upgrading their U.N. status to “non-member state” from “entity.”

Sep 25, 2014

Mugabe denounces ‘evil machinations’ by U.S., EU in Zimbabwe

UNITED NATIONS (Reuters) – Zimbabwean President Robert Mugabe told the United Nations on Thursday his country is the target of “evil” actions that are hurting its economy and people as the West seeks to oust him.

Mugabe said Zimbabwe “has become a victim of the evil machinations of Western countries, namely the United States of America and the European Union, who continue to apply unilateral and illegal sanctions” as a tool to achieve regime change.

Sep 25, 2014

U.S., allies pledge more aid for Syria’s opposition

UNITED NATIONS (Reuters) – As the United States and its allies pounded Islamist militants in Syria with airstrikes, Washington and members of the so-called Friends of Syria group on Wednesday pledged more than $90 million in new funds for non-lethal and humanitarian assistance.

U.S. Secretary of State John Kerry announced about $40 million in new money for the moderate armed opposition and the civilian opposition at a U.N. meeting hosted by British Foreign Secretary Philip Hammond and Hadi al-Bahra, head of the Syrian National Coalition.

Sep 24, 2014

Developing countries should be better represented in global institutions: Brazil’s Rousseff

UNITED NATIONS (Reuters) – Brazilian President Dilma Rousseff told the United Nations on Wednesday that developing countries should be better represented in international financial institutions that otherwise are in danger of losing legitimacy.

“The delay in the expansion of voting rights of developing countries in these institutions is unacceptable,” Rousseff said in a speech to the United Nations General Assembly.

Sep 19, 2014

Wall St little changed as Oracle fall counters Alibaba hype

NEW YORK, Sept 19 (Reuters) – U.S. stocks were little
changed mid-session on Friday after Alibaba’s strong debut was
offset by falling technology shares as Oracle and Yahoo

The Dow and S&P 500 set fresh record highs in morning
trading, supported by the Federal Reserve’s commitment earlier
this week to keeping interest rates at rock-bottom levels.

Sep 19, 2014

Wall St rises as Scots stay in UK, Alibaba debuts

NEW YORK, Sept 19 (Reuters) – U.S. stocks were rising in
early trading on Friday, setting record highs on the Dow and S&P
500 after Scotland’s vote to remain in the United Kingdom
removed market uncertainty and Alibaba’s strong pricing gave
support to risk assets.

Unionists’ victory in Scotland’s vote kept it in the United
Kingdom and gave a boost to European stocks, while sterling rose
against the euro and the U.S. dollar.

    • About Rodrigo

      "Rodrigo is the Team Leader of the U.S. Equity Markets beat, specializing in market trends and technical analysis. He joined the corporate debt team at Reuters soon after receiving his MS degree from Columbia University's Graduate School of Journalism in 2006. Born and raised in Bogotá, he's fluent in Spanish."
      Joined Reuters:
      English, Spanish
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