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Dec 26, 2014

Futures point to higher open, 2nd straight weekly gain

NEW YORK, Dec 26 (Reuters) – U.S. stock index futures
pointed to a higher open on Friday, putting major indexes on
track for a second straight weekly advance, though moves were
likely to be slight with few market catalysts and many traders
still out for the Christmas holiday.

Wall Street has rallied of late, with both the Dow and S&P
500 touching intraday records in Wednesday’s shortened session
and the Dow eking out a sixth straight daily advance. The S&P
rose 5.5 percent over the past six sessions and has notched 51
record closes this year, the most since 1995 and the fourth best
ever in terms of record closes.

Dec 26, 2014

Stock futures edge higher, on track for weekly gain

NEW YORK (Reuters) – U.S. stock index futures edged higher on Friday, putting major indexes on track for a second straight weekly advance, though moves were likely to be slight with few market catalysts and many traders extending their Christmas holiday.

* Wall Street has rallied of late, with both the Dow and S&P 500 touching intraday records in Wednesday’s shortened session and the Dow eking out a sixth straight daily advance. The S&P 500 has risen 5.5 percent over the past six sessions and notched 51 record closes this year, the most since 1995 and the fourth best ever in terms of record closes.

Dec 26, 2014

Futures edge higher, on track for weekly gain

NEW YORK, Dec 26 (Reuters) – U.S. stock index futures edged
higher on Friday, putting major indexes on track for a second
straight weekly advance, though moves were likely to be slight
with few market catalysts and many traders extending their
Christmas holiday.

* Wall Street has rallied of late, with both the Dow and S&P
500 touching intraday records in Wednesday’s shortened session
and the Dow eking out a sixth straight daily advance. The S&P
500 has risen 5.5 percent over the past six sessions and notched
51 record closes this year, the most since 1995 and the fourth
best ever in terms of record closes.

Dec 24, 2014

Wall St ends flat in short session, Dow ekes out record close

NEW YORK, Dec 24 (Reuters) – U.S. stocks closed flat in a
short session on Wednesday as investors found few reasons to
push major indexes to their sixth straight day of gains despite
strength in biotechs and bullish labor market data.

While both the S&P 500 and Dow touched intraday records, and
the Dow closed at a slight record, the day’s moves were slight
and volume was light with many market participants already out
for the Christmas holiday.

Dec 24, 2014

Wall St. inches up in short session, indexes at records

NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday, with the Dow and S&P 500 at records and on track for a sixth straight daily advance as biotech stocks rallied and data pointed to improving economic conditions.

The day’s action was light, with many market participants already out for the Christmas holiday. The stock market will close three hours early on Wednesday and will be closed all of Thursday.

Dec 23, 2014

Oil drop a mixed blessing for U.S. corporate results

NEW YORK, Dec 23 (Reuters) – The sharp decline in oil prices
has taken a toll on earnings estimates for the U.S. energy
sector, but investors expecting a benefit to other sectors of
the market may be disappointed, Thomson Reuters research shows.

Certain retailers have shown improvement in results as fuel
costs have declined, while industrials and materials companies
tend to show their results decline even as energy prices fall.

Dec 23, 2014

Dow ends above 18k for first time on strong GDP report

NEW YORK, Dec 23 (Reuters) – U.S. stocks rose on Tuesday,
with the Dow closing above 18,000 for the first time ever and
the S&P 500 ending at a record after an unexpectedly strong
report on economic growth.

The Nasdaq ended modestly lower, pressured by the biggest
selloff in biotech names in many months, while trading was light
ahead of the Christmas holiday. Markets will close early on
Wednesday and will be closed all of Thursday.

Dec 23, 2014

GDP lifts Dow over 18k; biotechs have worst day since April

NEW YORK (Reuters) – U.S. stocks rose for a fifth straight session on Tuesday, with the Dow climbing above 18,000 for the first time ever after an unexpectedly strong report on economic growth.

Both the Dow and S&P 500 hit intraday records, and the S&P is on track for its 51st record close of 2014. The gains pushed the Dow as high as 18,051.14, and the blue-chip index is now up about 175 percent from a 12-year low hit on March 9, 2009.

Dec 23, 2014

Dow, S&P end at records in fourth straight day of gains for Wall Street

NEW YORK (Reuters) – U.S. stocks rose for a fourth straight session on Monday, with both the Dow and S&P 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names.

Major indexes opened with slight gains but strengthened throughout the session, ending near their highs of the day. Despite that, trading was quiet with many market participants out ahead of the upcoming Christmas holiday.

Dec 22, 2014

Dow, S&P end at records in 4th straight day of gains for Wall St

NEW YORK, Dec 22 (Reuters) – U.S. stocks rose for a fourth
straight session on Monday, with both the Dow and S&P 500 ending
at records as large-cap technology shares gained and offset
continued weakness in energy names.

Major indexes opened with slight gains but strengthened
throughout the session, ending near their highs of the day.
Despite that, trading was quiet with many market participants
out ahead of the upcoming Christmas holiday.