Rodrigo's Feed
Dec 17, 2014

Wall St. to open higher ahead of Fed decision

NEW YORK (Reuters) – U.S. stocks were set to rise at the open on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year’s final statement from the U.S. Federal Reserve that may set the stage for interest rate hikes in 2015.

A strengthening U.S. economy is expected to trump global economic worries and the Fed is likely to signal it is still on track to raise rates.

Dec 16, 2014

Energy shares rebound as bargain-hunters swoop in

NEW YORK, Dec 16 (Reuters) – The proverbial knife is
falling.

After nearly a 30 percent drop in energy shares since the
summer, traders jumped in on Tuesday to try to call the bottom
in oil and gas stocks, which have been hammered by the decline
in commodities prices and worries about global demand.

The S&P 500 energy sector hit its lowest level in almost two
years on Tuesday but staged a comeback that at one point gave it
its best day since 2011. While the broad stock market could not
hold onto significant gains Tuesday, energy stocks still managed
to finish positive, gaining 0.7 percent.

Dec 16, 2014

Energy rally boosts Wall St despite global growth woes

NEW YORK, Dec 16 (Reuters) – U.S. stocks rose in a volatile
Tuesday session as energy shares rallied and investors bet the
Federal Reserve will be cautious in removing support in the face
of a more fragile global economy.

Futures had crumbled in early trading as the ruble
neared 80 per U.S. dollar, down 21 percent for the session. The
Russian currency sharply pared its losses and was down about 3
percent, near 68 per dollar.

Dec 16, 2014

Wall St up as Fed bets, company news offset economic woes

NEW YORK, Dec 16 (Reuters) – U.S. stocks rose in a volatile
Tuesday session as energy shares rallied, and on bets the
Federal Reserve will be cautious in removing support in the face
of a more fragile global economy.

Futures had crumbled in early trading as the ruble
neared 80 per U.S. dollar. The Russian currency was recently
down about 11 percent on the session, near 73 per dollar. Adding
to global concerns, data showed factory activity shrinking in
China and euro zone business growth remaining weak.

Dec 16, 2014

Wall St set to open lower as rouble and oil sink

NEW YORK, Dec 16 (Reuters) – U.S. stocks were set to fall at
the open on Tuesday as a further slide in crude oil prices and
the Russian rouble sent traders fleeing from risky assets on
global economic concerns.

Futures crumbled in early trading as the rouble
neared 80 per U.S. dollar, then slightly pared losses. The
rouble was recently down about 11 percent on the session, near
73 per dollar.

Dec 16, 2014

Stock futures tumble as oil, rouble slide further

NEW YORK (Reuters) – U.S. stock index futures fell on Tuesday as a further slide in crude oil prices and the Russian rouble sent traders fleeing from risky assets.

The rouble RUB= lost about 10 percent against the U.S. dollar, trading near 72 per dollar after hitting a low near 80 even after Moscow’s central bank hiked its main interest rate to 17 percent from 10.5 percent.

Dec 16, 2014

Futures tumble as oil, rouble slide further

NEW YORK, Dec 16 (Reuters) – U.S. stock index futures fell
on Tuesday as a further slide in crude oil prices and the
Russian rouble sent traders fleeing from risky assets.

The rouble lost about 10 percent against the U.S.
dollar, trading near 72 per dollar after hitting a low near 80
even after Moscow’s central bank hiked its main interest rate to
17 percent from 10.5 percent.

Dec 15, 2014

Wall St slides along with crude prices

NEW YORK, Dec 15 (Reuters) – U.S. stocks slid on Monday with
investors shunning risk as oil prices tumbled to fresh 5-1/2
year lows.

Brent neared $60 per barrel at its session low and
U.S. crude dipped under $56. Both have fallen nearly 50
percent from highs in June.

Dec 15, 2014

Wall St dips as indexes track crude prices lower

NEW YORK, Dec 15 (Reuters) – U.S. stocks dipped on Monday as
initial gains vanished, as did a brief rebound in crude oil
prices.

Brent and U.S. crude had briefly rebounded
after having hit fresh 5-1/2 year lows earlier in the day, only
to turn lower again.

Dec 15, 2014

Wall Street to rise as energy shares track oil rebound

NEW YORK (Reuters) – U.S. stocks were set to rise at the open on Monday, following the worst week for the S&P 500 in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/2-year low.

Stocks in the energy sector are likely to rise as Brent LCOc1 and U.S. crude CLc1 rebounded, but futures gave up some of their gains as crude prices also trimmed their advance. The Select Sector Energy SPDR exchange-traded fund (XLE.P: Quote, Profile, Research, Stock Buzz) gained 0.7 percent in premarket trading.

    • 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:
      06/23/2006
      Languages:
      English, Spanish
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