Rodrigo's Feed
Nov 25, 2014

Wall St ends little changed after mixed data batch

NEW YORK, Nov 25 (Reuters) – U.S. stocks ended little
changed on Tuesday as the U.S. economy grew more than expected
last quarter but soft readings on consumer confidence and house
prices kept major indexes in a tight range.

Third-quarter gross domestic product came in much stronger
than expected but separate data showing consumer confidence
sliding to a five-month low and a further moderation in house
price gains put a lid on the market’s advance.

Nov 25, 2014

Wall St ticks up after strong GDP report

NEW YORK, Nov 25 (Reuters) – The S&P 500 hit a record high
on Tuesday as the U.S. economy rose more than expected last
quarter but soft readings on consumer confidence and house
prices kept major indexes in a tight range near the unchanged
level.

Third-quarter economic growth came in much stronger than
expected but other data showing consumer confidence sliding to a
five-month low and a further moderation in house price gains put
a lid on the market’s initial advance.

Nov 24, 2014

S&P 500 ticks up to record on central bank bets

NEW YORK, Nov 24 (Reuters) – U.S. stocks rose on Monday on
hopes that China will take further accommodative monetary policy
action if needed, while merger deals kept traders focused even
as volumes were below average.

Energy shares weighed, with declines in Exxon and Chevron
keeping the Dow industrials flat while the S&P 500 energy sector
was down 1 percent. U.S. crude and Brent
fell ahead of an OPEC meeting this week.

Nov 24, 2014

Wall St up on central bank bets, deals support

NEW YORK, Nov 24 (Reuters) – U.S. stocks rose on Monday on
hopes that China will take further accommodative monetary policy
action, while merger deals kept traders focused even as volumes
were below average.

Energy shares weighed, with declines in Exxon and Chevron
keeping the Dow industrials flat while the S&P 500 energy sector
was down 1 percent. U.S. crude and Brent
fell ahead of an OPEC meeting later this week.

Nov 21, 2014

Wall St up on China, ECB stimuli but off highs

NEW YORK, Nov 21 (Reuters) – U.S. stocks rose on Friday,
setting up a fifth consecutive week of gains on Wall Street,
after China’s central bank cut its benchmark interest rate and
its euro zone peer announced asset purchases in efforts to boost
each region’s economy.

The broad move higher lost some steam in late morning
trading with fewer than four NYSE stocks rising for each one
falling. Earlier, the ratio was almost seven-to-one.

Nov 21, 2014

Wall St rallies on China, ECB stimuli

NEW YORK, Nov 21 (Reuters) – U.S. stocks rallied on Friday,
setting up a fifth consecutive week of gains on Wall Street,
after China’s central bank cut its benchmark interest rate and
its euro zone peer announced asset purchases in efforts to boost
each region’s economy.

The move higher was broad with nine of the top S&P 500
sectors higher and more than six NYSE stocks rising for each one
falling.

Nov 21, 2014

Wall St set to open higher on China rate cut, ECB hopes

NEW YORK, Nov 21 (Reuters) – Wall Street was poised to open
higher on Friday, setting major stock indexes up for a fifth
week of gains, after China’s central bank cut its benchmark
interest rate for the first time in more than two years to boost
its cooling economy.

The People’s Bank of China said it was cutting one-year
benchmark lending rates by 40 basis points to 5.6 percent. It
lowered one-year benchmark deposit rates by less – just 25 basis
points. The changes take effect from Saturday.

Nov 21, 2014

Futures rise on China’s rate cut, ECB hopes

NEW YORK (Reuters) – U.S. stock index futures rose on Friday, setting major indexes up for a fifth week of gains, after China’s central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy.

* The People’s Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 percent. It lowered one-year benchmark deposit rates by less – just 25 basis points. The changes take effect from Saturday.

Nov 20, 2014

Wall St ticks up as U.S. data offset global growth worries

NEW YORK, Nov 20 (Reuters) – U.S. stocks climbed on Thursday
as strong U.S. data offset concerns over a slowdown in the euro
zone and a loss of momentum in Chinese factories.

Stock indexes rose as data showed factory activity in the
U.S. mid-Atlantic region grew at its fastest pace in two
decades, U.S. home resales jumped to their highest in more than
a year in October, and a gauge of future U.S. economic activity
gained more than expected last month.

Nov 20, 2014

Wall St to slip at open on global growth worries

NEW YORK, Nov 20 (Reuters) – U.S. stocks were set to open
lower on Thursday amid concerns over global growth following
weak business data out of the euro zone and a loss of momentum
in Chinese factories.

Euro zone business is growing at a slower pace than any
forecaster expected this month and new orders have fallen for
the first time in more than a year, while output in China’s
factory sector contracted for the first time in six months.

    • 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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