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Jun 10, 2014

Corrected – Wall St edges up, lifted by mergers, acquisitions

NEW YORK (Reuters) – (Fixes Rex Macey’s job title and firm’s name, which both changed recently, to chief allocation officer at Wilmington Trust Investment Advisors from chief investment officer at Wilmington Trust, in this U.S. stock report published June 9)

U.S. stocks advanced on Monday, boosted by a number of major acquisition deals, though gains were slight with key indexes continuing to hover around records.

Jun 10, 2014

Wall St dips, stays near record peaks; incentives scant

NEW YORK, June 10 (Reuters) – U.S. stocks fell modestly on
Tuesday as investors found few reasons to keep buying with the
Dow and S&P 500 coming off a string of record highs.

The day’s losses were slight but broad, with eight of the
ten primary S&P 500 sectors down on the day. The biggest
declining group, industrials, was down a slight 0.4
percent, and some sectors were down 0.1 percent.

Jun 10, 2014

Wall St recedes modestly from record levels

NEW YORK, June 10 (Reuters) – U.S. stocks fell modestly on
Tuesday as investors found few reasons to keep buying with the
Dow and S&P 500 coming off a string of record highs.

The day’s losses were slight but broad, with nine of the ten
primary S&P 500 sectors down on the day. However, the biggest
declining group, industrials, were down less than 0.4
percent, and many sectors were down less than 0.1 percent.

Jun 10, 2014

Stock futures point to early drop from record levels

NEW YORK (Reuters) – U.S. stock index futures edged lower on Tuesday, as investors found few reasons to keep buying with the Dow and S&P 500 just below the latest in a string of records.

* Equities have been strong lately, with the S&P ending at records for the past four sessions, and rising in 11 of the past 13. While Wall Street’s upward trend is still seen as intact, it may be harder to continue notching solid gains in the absence of big catalysts. There are no major economic indicators on tap for Tuesday.

Jun 10, 2014

Futures point to early drop from record levels

NEW YORK, June 10 (Reuters) – U.S. stock index futures edged
lower on Tuesday, as investors found few reasons to keep buying
with the Dow and S&P 500 just below the latest in a string of
records.

* Equities have been strong lately, with the S&P ending at
records for the past four sessions, and rising in 11 of the past
13. While Wall Street’s upward trend is still seen as intact, it
may be harder to continue notching solid gains in the absence of
big catalysts. There are no major economic indicators on tap for
Tuesday.

Jun 10, 2014

U.S. futures dip, S&P 500 comes off fourth straight record

NEW YORK (Reuters) – U.S. stock index futures edged lower on Tuesday, as investors found few reasons to keep buying with the Dow and S&P 500 just off the latest in a string of records.

* Equities have been strong lately, with the S&P ending at records for the past four sessions, and rising in 11 of the past 13. While Wall Street’s upward trend is still seen as intact, it may be harder to continue notching solid gains in the absence of big catalysts. There are no major economic indicators on tap for Tuesday.

Jun 10, 2014

Futures dip, S&P 500 comes off 4th straight record

NEW YORK, June 10 (Reuters) – U.S. stock index futures edged
lower on Tuesday, as investors found few reasons to keep buying
with the Dow and S&P 500 just off the latest in a string of
records.

* Equities have been strong lately, with the S&P ending at
records for the past four sessions, and rising in 11 of the past
13. While Wall Street’s upward trend is still seen as intact, it
may be harder to continue notching solid gains in the absence of
big catalysts. There are no major economic indicators on tap for
Tuesday.

Jun 9, 2014

Wall St edges up, lifted by mergers, acquisitions

NEW YORK, June 9 (Reuters) – U.S. stocks advanced on Monday,
boosted by a number of major acquisition deals, though gains
were slight with key indexes continuing to hover around records.

If the S&P 500 ends higher on Monday, that will mark its
11th rise of the past 13 sessions, and its seventh record close
of the past eight trading days. While Wall Street’s upward trend
looks intact, traders may need new catalysts to bid the market
up further lest the momentum runs out of steam.

Jun 9, 2014

Futures point to dip at the open despite deals

NEW YORK, June 9 (Reuters) – U.S. stock index futures
pointed to modest losses at the open on Monday, as a rash of
corporate deals weren’t enough reason for investors to keep
buying following a rally that has taken major indexes to
repeated record highs.

* The S&P 500 has risen in 10 of the past 12 sessions,
ending at records six times in the past seven trading days. On
Friday, the benchmark index was lifted by the May payroll
report, which pointed to improving economic conditions, though
it was slightly weaker than expected. While Wall Street’s upward
trend looks intact, traders may need new catalysts to maintain
its momentum.

Jun 9, 2014

Futures flat with indexes at records

NEW YORK (Reuters) – U.S. stock index futures were little changed on Monday, as investors sought fresh incentives to keep buying following a rally that has taken major indexes to repeated record highs.

The S&P 500 has risen in 10 of the past 12 sessions, ending at records six times in the past seven trading days. On Friday, the benchmark index was lifted by the May payroll report, which pointed to improving economic conditions, though it was slightly weaker than expected. While Wall Street’s upward trend looks intact, traders may need new catalysts to maintain its momentum.