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Mar 10, 2015

Futures imply lower open on Greece concerns, China data

NEW YORK, March 10 (Reuters) – U.S. stock index futures
pointed to a lower open on Tuesday, pressured by
weaker-than-expected data out of China as well as ongoing
concerns about debt talks with Greece.

Concern also came from a report that the Basel Committee may
ask banks to boost capital as a sufficient cushion in case of
spikes in interest rates.

Mar 10, 2015

Futures tumble on Greece concerns, China data

NEW YORK (Reuters) – U.S. stock index futures fell on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks in Greece.

* Concern also came from a report that the Basel Committee may ask banks to boost capital as a sufficient cushion in case of spikes in interest rates. Rate policy has been a primary driver of equities of late; on Friday, the S&P 500 suffered its biggest one-day decline in almost two months after a stronger-than-expected jobs report was seen as goading the Federal Reserve into speeding up its time frame for raising rates.

Mar 9, 2015

Wall St gains on deal activity, energy shares rally

NEW YORK, March 9 (Reuters) – U.S. stocks were mostly higher
on Monday, boosted by a couple of billion-dollar deals, while a
sharp increase in the price of crude oil supported energy names.

The gain comes a session after the S&P 500′s biggest drop in
almost two months, as well as two straight weeks of declines for
major indexes.

Mar 9, 2015

Wall St gains, M&A provides a lift

NEW YORK, March 9 (Reuters) – U.S. stocks were modestly
higher on Monday, a day after the S&P 500′s biggest drop in
about two months, as some billion-dollar deals helped provide a
lift to the market.

Wall Street has fallen for two straight weeks, a downtrend
that came on speculation that interest rates could rise sooner
than anticipated. Friday’s weakness was driven by a much
stronger-than-expected jobs report, which was seen as possibly
pressuring the Federal Reserve to act soon on monetary policy.
The central bank had said it would raise rates when the economy
was strong enough to support such a move.

Mar 9, 2015

Futures point to flat open after recent decline

NEW YORK, March 9 (Reuters) – U.S. stock index futures
pointed to a flat open on Monday, after two straight weeks of
declines on major indexes and as the benchmark S&P 500 comes off
its biggest one-day loss in about two months.

Wall Street’s recent downtrend has come as investors
speculated over whether interest rates could be raised sooner
than expected. Friday’s weakness was driven by a jobs report
that was much stronger than expected, which was seen as possibly
pressuring the Federal Reserve to act soon on monetary policy.
The central bank had said it would raise rates when the economy
was deemed strong enough to support such a move.

Mar 9, 2015

Futures dip, extending recent weakness, on rate uncertainty

NEW YORK, March 9 (Reuters) – U.S. stock index futures fell
on Monday, continuing a recent downtrend on Wall Street as
investors speculated over whether interest rates could be raised
sooner than expected.

Major indexes slumped on Friday, with the S&P 500 suffering
its biggest one-day loss in about two months, after the U.S.
nonfarm payrolls report for February showed jobs growth that was
much stronger than expected.

Mar 9, 2015

Futures edge lower, extending recent weakness

NEW YORK (Reuters) – Stock futures were lower on Monday, pointing to a continued downtrend on Wall Street as investors continued to question whether an interest rate increase could come sooner than previously expected.

* Major indexes fell sharply on Friday, with the S&P 500 suffering its biggest one-day loss in about two months after the U.S. nonfarm payrolls report for February showed jobs growth that was much stronger than expected. That was seen as possibly putting pressure on the Federal Reserve to act soon, as the central bank said it would raise rates when the economy is strong enough to support it.

Mar 5, 2015

The new ‘Horsemen of the Nasdaq’ – how long will they ride?

NEW YORK (Reuters) – Will the tech leaders of today be the has-beens of tomorrow?

Apple, Google, Facebook and Amazon hold dominant positions in the tech sector and have been among the biggest engines driving the Nasdaq above the 5,000 mark this week for the first time since 2000. But analysts are far from confident that they will maintain their perch in the tech stratosphere.

Mar 2, 2015

Lumber Liquidators stock sinks on news report on safety problems

NEW YORK (Reuters) – Shares of Lumber Liquidators Holdings Inc (LL.N: Quote, Profile, Research, Stock Buzz) were down more than 20 percent on Monday after the CBS news program “60 Minutes” said its products failed to meet safety standards, allegations the hardwood flooring retailer denied.

The shares were halted for much of the morning but dropped sharply once they resumed trading. They were last down 22.8 percent at $40.05 on volume of more than 21 million shares, the highest ever for a single session. The stock was one of the most active on the New York Stock Exchange.

Mar 2, 2015

Lumber Liquidators stock plunges on report of safety problems

NEW YORK, March 2 (Reuters) – Shares of Lumber Liquidators
Holdings Inc dropped more than 20 percent on Monday after
a news report said its products failed to meet safety standards,
allegations the hardwood flooring retailer denied.

The shares were halted for much of the morning, but once
they resumed trading, they sank 23.6 percent to $39.64 on volume
of about 7.1 million, more than double their 10-day average of
about 3 million. The stock was one of the most active on the New
York Stock Exchange.