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Jun 25, 2014

Futures point to lower open after weak GDP report

NEW YORK, June 25 (Reuters) – U.S. stock index futures
pointed to a lower open on Wednesday as the latest economic data
came in below expectations, giving investors further reasons to
take profits amid ongoing tension in Iraq.

* The U.S. economy contracted 2.9 percent in the first
quarter, a much steeper pace than previously estimated, though
activity was impacted by harsh winter weather and there are
indications that growth has since rebounded. In
another negative data point, orders for durable goods
unexpectedly fell 1 percent in May, compared with the
expectation for flat activity.

Jun 25, 2014

Futures flat after decline, GDP data awaited

NEW YORK, June 25 (Reuters) – U.S. stock index futures were
flat on Wednesday, following a sharp decline in the previous
session, as investors looked ahead to a read on GDP expected to
show the economy shrank in the first quarter.

* The final read on first-quarter gross domestic product is
due at 8:30 a.m. (1230 GMT) and is seen showing a contraction of
1.7 percent, wider than the previous read of minus 1 percent.

Jun 24, 2014

Data lift Wall St, S&P hits another record

NEW YORK, June 24 (Reuters) – U.S. stocks rose on Tuesday,
boosted by some strong data while the Nasdaq outperformed thanks
to gains in technology and biotech shares.

In the latest signs of improving economic conditions,
consumer confidence surged more than expected in June, while May
new home sales rose more than anticipated. The housing data
built on Monday’s similarly bullish read on existing home sales,
though a report on home prices was below forecasts.

Jun 24, 2014

Wall St flat, but tech and biotech lift Nasdaq

NEW YORK, June 24 (Reuters) – U.S. stocks were little
changed on Tuesday as some strong data wasn’t enough to solidly
lift indexes in the wake of a recent rally, though the Nasdaq
index was boosted by gains in technology and biotech shares.

In the latest signs of improving economic conditions,
consumer confidence surged more than expected in June, while May
new home sales also rose more than had been anticipated. The
housing data built on Monday’s similarly bullish read on
existing home sales, though a report on home prices was below
forecasts.

Jun 24, 2014

Futures point to flat open, consumer data awaited

NEW YORK, June 24 (Reuters) – U.S. stock index futures
pointed to a flat open on Tuesday, suggesting investors
continued to search for direction following a sharp rally that
took indexes to records last week.

* Equities had a quiet session on Monday, with trading
volume light and moves so slight the S&P 500 had one of its
narrowest intraday trading ranges ever, according to MKM
Partners. That came after a six-day rally on the S&P that ended
Friday, its longest streak since mid-April.

Jun 24, 2014

Stock futures edge lower, consumer data awaited

NEW YORK (Reuters) – U.S. stock index futures fell on Tuesday, suggesting investors continued to search for direction following a sharp rally that took indexes to records last week.

* Equities had a quiet session on Monday, with trading volume light and moves so slight the S&P 500 had one of its narrowest intraday trading ranges ever, according to MKM Partners. That came after a six-day rally on the S&P that ended Friday, its longest streak since mid-April.

Jun 24, 2014

Futures edge lower, consumer data awaited

NEW YORK (Reuters) – U.S. stock index futures fell on Tuesday, suggesting investors continued to search for direction following a sharp rally that took indexes to records last week.

* Equities had a quiet session on Monday, with trading volume light and moves so slight the S&P 500 had one of its narrowest intraday trading ranges ever, according to MKM Partners. That came after a six-day rally on the S&P that ended Friday, its longest streak since mid-April.

Jun 23, 2014

Wall St ends flat after six-day rally, energy rises

NEW YORK, June 23 (Reuters) – U.S. stocks ended a quiet
session on Monday essentially unchanged as investors found few
reasons to keep buying following a six-day rally in the S&P 500,
though merger activity lifted energy shares.

The S&P was coming off its longest streak of advances since
mid-April, and both it and the Dow had closed at records on
Friday. While Wall Street’s uptrend is still viewed as intact,
investors are looking for catalysts to deliver more robust
gains, and recent economic data has been mixed.

Jun 23, 2014

Wall St flat after six-day gain, homebuilders rally

NEW YORK, June 23 (Reuters) – U.S. stocks fell slightly on
Monday as investors found few reasons to keep buying following a
six-day rally in the S&P 500, though homebuilders rallied on
strong sales data.

The S&P is coming off its longest streak of advances since
mid-April, and both it and the Dow closed at records on Friday.
While Wall Street’s uptrend is still viewed as intact, signs of
mixed global economic growth could constrain further gains.

Jun 20, 2014

Fuel-cell stocks give traders a wild ride

NEW YORK, June 20 (Reuters) – Wall Street has been quiet
lately, with volume often below average and gains mostly slight,
but fuel-cell makers have emerged as one of 2014′s most dynamic
sectors, making huge swings on massive volume.

This week has been typical. The fuel-cell group’s most
prominent players have posted gains that vastly outpaced the
broader market on some of the highest volume among equities.