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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.

Jun 17, 2014

Banks lead Wall St higher; cyclicals rally

NEW YORK, June 17 (Reuters) – U.S. stocks rose on Tuesday as
data pointing to higher inflation lifted financial shares while
high-growth tech names attracted renewed attention.

The S&P financial sector index was the day’s biggest
gainer, up 0.9 percent, though all cyclical sectors, which are
tied to the pace of economic growth, outperformed for the day.
E*Trade Financial was the S&P 500′s top gainer, up 7.7
percent at $22, while Charles Schwab Corp climbed 5.5
percent to $27.30.

Jun 17, 2014

Wall St edges up, but Iraq still in focus

NEW YORK, June 17 (Reuters) – U.S. stocks rose modestly on
Tuesday afternoon, recovering from morning declines though
investors kept watching the turmoil in Iraq as the Federal
Reserve began a two-day policy meeting.

Iraq’s Shi’ite rulers defied Western calls to reach out to
Sunnis to defuse an uprising in the north of the country,
declaring a boycott of Iraq’s main Sunni political bloc and
accusing Sunni power Saudi Arabia of promoting “genocide.”

Jun 13, 2014

Intel lifts Wall Street, but indexes set for lower week

NEW YORK (Reuters) – U.S. stocks rose on Friday, boosted by bullish news from the tech sector, though major indexes remained on track to snap a multi-week string of weekly gains.

Despite the day’s rise, investors remained cautious about ongoing violence in Iraq, which has taken oil prices to their highest since September. Analysts are worried about the impact a protracted period of high commodity prices could have on economic growth, especially with indexes near record levels.

Jun 13, 2014

Wall St edged higher, S&P set to close week lower

NEW YORK, June 13 (Reuters) – U.S. stocks edged higher on
Friday, boosted by bullish corporate news from the tech sector,
though major indexes remained on track to snap a multi-week
string of weekly gains.

While the market’s recent trend upward was considered
intact, broader gains were hard to come by with major indexes
within striking distance of record levels amid ongoing violence
in Iraq, which has taken oil prices to their highest
since September.

Jun 13, 2014

U.S. futures imply weak open, S&P on track for down week

NEW YORK (Reuters) – U.S. stock index futures pointed to a slightly lower on Friday as some positive corporate news supported markets, though ongoing violence in Iraq gave investors pause.

* While both the Dow and S&P hit record highs this week, Wall Street has lately been pressured by concerns of slowing global growth and violence in Iraq, which has taken oil prices to their highest since September. The Dow and S&P 500 are on track for their first weekly decline after three consecutive weeks of gains.

Jun 13, 2014

Futures imply weak open, S&P on track for down week

NEW YORK, June 13 (Reuters) – U.S. stock index futures
pointed to a slightly lower on Friday as some positive corporate
news supported markets, though ongoing violence in Iraq gave
investors pause.

* While both the Dow and S&P hit record highs this week,
Wall Street has lately been pressured by concerns of slowing
global growth and violence in Iraq, which has taken oil prices
to their highest since September. The Dow and S&P 500 are
on track for their first weekly decline after three consecutive
weeks of gains.

Jun 13, 2014

U.S. futures flat, indexes on track to close week lower

NEW YORK (Reuters) – U.S. stock index futures were little changed on Friday, though recent weakness was enough to put the Dow and S&P 500 on track for their first weekly decline after three consecutive weeks of gains.

* While both the Dow and S&P hit a series of record highs this week, Wall Street has lately been pressured by concerns of slowing global growth and ongoing violence in Iraq, which has taken oil prices to their highest since September.

Jun 13, 2014

Futures flat, indexes on track to close week lower

NEW YORK, June 13 (Reuters) – U.S. stock index futures were
little changed on Friday, though recent weakness was enough to
put the Dow and S&P 500 on track for their first weekly decline
after three consecutive weeks of gains.

* While both the Dow and S&P hit a series of record highs
this week, Wall Street has lately been pressured by concerns of
slowing global growth and ongoing violence in Iraq, which has
taken oil prices to their highest since September.