Rodrigo's Feed
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
stumbled.

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.

Sep 19, 2014

Wall St to rise as Alibaba debuts, Scots stay in UK

NEW YORK, Sept 19 (Reuters) – U.S. stocks were set to rise
at the open on Friday after Scotland’s vote to remain in the
United Kingdom removed market uncertainty and as Alibaba’s
strong pricing gave support to risk assets.

Stocks could build on record highs set in the previous
session by the Dow industrials and S&P 500 in a week when the
Federal Reserve also renewed its commitment to low interest
rates.

Sep 19, 2014

Yahoo active as Alibaba debuts; Dresser-Rand jumps

NEW YORK, Sept 19 (Reuters) – Shares of Yahoo were
gaining 1.7 percent in the highest volume by far on the Nasdaq
early on Friday, after Alibaba priced its initial
public offering at $68 a share, the top end of the expected
range.

Yahoo, which is selling part of its Alibaba stake but will
remain a top shareholder, has risen 4.1 percent so far this
year, compared with a 10 percent gain in the Nasdaq Composite.

Sep 18, 2014

Banks rally on rate outlook, lead S&P 500 to new high

NEW YORK, Sept 18 (Reuters) – U.S. stocks were higher in
afternoon trading on Thursday, with the S&P 500 hitting a record
peak a day after the U.S. Federal Reserve renewed its commitment
to keeping interest rates low.

The Fed said Wednesday at the conclusion of a two-day policy
meeting it would keep interest rates near zero for a
“considerable time,” language supportive of equities which some
had expected to be dropped from the statement.

Sep 18, 2014

S&P hits record on Fed support; financials lead

NEW YORK, Sept 18 (Reuters) – U.S. stocks were rising in
late morning trading on Thursday, with the S&P 500 hitting a
record high a day after the U.S. Federal Reserve renewed its
commitment to keeping interest rates low.

The Fed said Wednesday at the conclusion of a two-day policy
meeting it would keep interest rates near zero for a
“considerable time,” language supportive of equities which some
had expected to be dropped from the statement.

Sep 18, 2014

S&P nears record as Fed support boosts Wall Street

NEW YORK, Sept 18 (Reuters) – U.S. stocks were higher in
morning trading on Thursday, with the S&P 500 brushing against
resistance at a record peak, a day after the U.S. Federal
Reserve renewed its commitment to keeping interest rates low.

The Fed said Wednesday at the conclusion of a two-day policy
meeting it would keep interest rates near zero for a
“considerable time,” language supportive of equities which had
been expected by some to be dropped from the statement.

Sep 18, 2014

Wall Street set to open higher, S&P 500 eyes record

NEW YORK, Sept 18 (Reuters) – U.S. stocks were set to rise
at the open on Thursday, with the S&P 500 on track to test
resistance at its record high a day after the U.S. Federal
Reserve renewed its commitment to keeping interest rates low.

The Fed said Wednesday at the conclusion of a two-day policy
meeting it would keep interest rates near zero for a
“considerable time,” language that was supportive of equities
and other risky assets that had been expected by some to be
dropped off its post-meeting statement.

Sep 18, 2014

Rite Aid, Pier 1 slide; futures rise on Fed support

NEW YORK (Reuters) – Shares of Rite Aid Corp (RAD.N: Quote, Profile, Research, Stock Buzz) were falling early Thursday, in the highest volume so far on the New York Stock Exchange, after it cut its full-year profit forecast for a second time this year and lowered the top end of its sales forecast.

Shares of the third-largest U.S. drugstore chain were last down 6.2 percent at $6.23 after advancing 31.2 percent so far this year to Wednesday’s close.

Sep 17, 2014

Wall St ticks higher as Fed keeps low rates pledge

NEW YORK, Sept 17 (Reuters) – U.S. stocks were rising in
mid-afternoon trading on Wednesday after the U.S. Federal
Reserve renewed its pledge to keep interest rates near zero for
a “considerable time” and repeated concerns over slack in the
labor market, standing firm against calls to overhaul its policy
statement.

Interest rate projections, however, show Fed officials
expect rate hikes, when they come, will do so at a quicker pace
than previously forecast. The U.S. dollar jumped against the
euro and yen after the statement and data release, and shares in
the financial sector took the lead on the S&P 500.

    • 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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