Rodrigo's Feed
Mar 27, 2015

Wall Street little changed with focus on Yellen

NEW YORK (Reuters) – U.S. stocks edged up on Friday, with major indexes trying to avoid falling every day this week, ahead of a speech by Federal Reserve Chair Janet Yellen that could make for a volatile close on Wall Street.

Healthcare stocks helped buoy indexes with biotech stocks up 1.6 percent following four sessions of losses, while energy weighed the most on the S&P 500 as crude prices resumed their decline.

Mar 27, 2015

Wall St little changed with focus on Yellen; biotechs up

NEW YORK, March 27 (Reuters) – U.S. stocks edged up on
Friday, with major indexes trying to avoid falling every day
this week, ahead of a speech by Federal Reserve Chair Janet
Yellen that could make for a volatile close on Wall Street.

Healthcare stocks helped buoy indexes with biotech stocks
up 1.6 percent following four sessions of losses, while
energy weighed the most on the S&P 500 as crude prices
resumed their decline.

Mar 27, 2015

Wall Street to dip at open with focus on Yellen speech

NEW YORK (Reuters) – U.S. stocks were set to dip at the open on Friday, setting indexes up for a full week of daily declines, as the dollar index added to the previous session’s rebound ahead of a speech by Federal Reserve Chair Janet Yellen.

Yellen will speak on monetary policy at 3:45 p.m. EDT in San Francisco, and traders will keep an ear out for clues on the timing of the start of the tightening path at the Fed.

Mar 26, 2015

Wall St. ends down in choppy session, but off lows

NEW YORK (Reuters) – U.S. stocks fell for a fourth straight session on Thursday but indexes ended well off session lows with support from economic data and earnings, including Accenture’s.

Semiconductor stocks were again under pressure, this time after SanDisk (SNDK.O: Quote, Profile, Research, Stock Buzz) cut its revenue outlook. Its shares tumbled 18.4 percent to $66.20 and an index of chipmaker shares fell 1.4 percent. The index fell as much as 3.5 percent earlier.

Mar 25, 2015

Wall St falls as short-term technicals weaken

NEW YORK, March 25 (Reuters) – U.S. stocks fell on
Wednesday, with losses accelerating after short-term technical
indicators failed and after a gauge of industrial orders that
unexpectedly fell last month.

Losses on the S&P 500 accelerated around mid-session after
the benchmark dropped below a support level near 2,085. An index
of biotechnology shares dropped sharply and is on track
to close below its 14-day average for the first time since Feb.
11.

Mar 25, 2015

Wall St off in choppy trading after soft data

NEW YORK, March 25 (Reuters) – U.S. stocks fell in choppy,
tight-range trading on Wednesday, with indexes reacting to moves
in currency markets and to a gauge of industrial orders that
unexpectedly fell last month.

A drop in durable goods orders pushed the dollar index lower
, giving initial support to equities as it eases fears
that the rally in the U.S. currency will hurt corporate
earnings. However, with valuations stretched as stock indexes
trade near record highs, weak economic data is not welcome.

Mar 25, 2015

Wall Street to open flat after weak data

NEW YORK (Reuters) – U.S. stocks were set to open little changed on Wednesday following weak industrial orders data, with deals indicating investors still see value in the market despite indexes trading near all-time highs.

Futures barely budged after durable goods orders unexpectedly fell in February, data which pushed the dollar index lower .DXY. A weak dollar has been supportive of stocks of late as it eases fears that its steep rally will hurt corporate earnings.

Mar 24, 2015

Wall St little changed; Google boosts Nasdaq

NEW YORK, March 24 (Reuters) – Stocks were little changed on
Wall Street on Tuesday, with slight moves in tight lock step
with currency variations as traders focused on the dollar’s
strength and its possible effect on corporate earnings.

The Nasdaq outperformed other major indexes, boosted by a 2
percent gain in Google shares. Morgan Stanley’s
chief financial officer is leaving the bank to join Google.

Mar 24, 2015

Wall St to open flat with focus on dollar moves

NEW YORK, March 24 (Reuters) – U.S. stocks were set to open
little changed on Tuesday, with futures fluctuating alongside
the dollar after data showed an uptick in underlying inflation
pressures and gains in home prices.

Traders are gauging how the Federal Reserve will react to
economic data, as a June interest rate increase from the Fed
remains on the table. The focus is on dollar’s moves as the
currency’s strength threatens to cut into U.S. corporate
earnings.

Mar 24, 2015

Stock futures tick up ahead of data

NEW YORK (Reuters) – U.S. stock index futures edged higher on Tuesday ahead of a data deluge including measures on inflation, home prices and sales, and factory activity.

* Manufacturing activity in China dipped to an 11-month low in March as new orders shrank while business activity in the euro zone accelerated much faster than thought, separate surveys showed.

    • 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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