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Apr 24, 2015

Investors seek protection against healthcare stock decline

NEW YORK (Reuters) – Healthcare companies on a seven-year tear have been top performers so far in 2015, helping to push broad stock indexes to record levels, but traders are now looking to protect themselves from a selloff as they await major earnings reports in the sector.

Companies reporting first-quarter earnings next week include Bristol-Meyers Squibb Co, Boston Scientific Corp, Merck & Co, Pfizer Inc, Gilead Sciences Inc and Celgene Corp.

Apr 24, 2015

Wall St Week Ahead-Investors seek protection against healthcare stock decline

NEW YORK, April 24 (Reuters) – Healthcare companies on a
seven-year tear have been top performers so far in 2015, helping
to push broad stock indexes to record levels, but traders are
now looking to protect themselves from a selloff as they await
major earnings reports in the sector.

Companies reporting first-quarter earnings next week include
Bristol-Meyers Squibb Co, Boston Scientific Corp
, Merck & Co, Pfizer Inc, Gilead Sciences
Inc and Celgene Corp.

Apr 21, 2015

Wall St’s two major indexes drop; oil falls

NEW YORK, April 21 (Reuters) – Major U.S. stock indexes lost
ground on lackluster earnings reports on Tuesday, while oil fell
on concerns about U.S. crude stockpiles and Saudi Arabia’s
announcement that it ended its military campaign in Yemen.

European and other markets moved higher, and currency
trading was choppy.

The Nasdaq composite index was the brightest spot in
U.S. stock markets. It gained 0.4 percent, helped by a $40
billion biotechnology acquisition proposal.

Apr 21, 2015

Wall St mixed; euro rises against dollar

NEW YORK, April 21 (Reuters) – Wall Street equities were
mixed and stocks on European and world markets moved higher on
Tuesday, boosted by strong corporate earnings, while the euro
reversed course and rose against the dollar.

Investors held off making big U.S. equities bets as they
waited for more earnings reports and news on Greece, said Scott
Wren, senior global equity strategist at Wells Fargo Investment
Institute in St. Louis.

Apr 21, 2015

Earnings lift stocks but Greek anxiety hits euro

NEW YORK (Reuters) – Global stock markets rose on Tuesday, helped by upbeat European earnings and U.S. earnings that were not as bad as feared, but the euro fell on worries about possible Greek loan defaults.

Wall Street opened higher and European trading was strong, with the pan-regional FTSEurofirst 300 index .FTEU3 up 0.93 percent after a 1.4 percent jump by the Nikkei and 2 to 2.5 percent increases in China’s main markets. The MSCI gauge of stocks in major markets .MIWD00000PUS was up 0.35 percent.

Apr 21, 2015

Earnings lift world stocks but Greek anxiety hits euro

NEW YORK (Reuters) – Global stock markets rose on Tuesday, helped by upbeat European earnings and U.S. earnings that were not as bad as feared, but the euro fell on worries about possible Greek loan defaults.

Wall Street opened higher and European trading was strong, with the pan-regional FTSEurofirst 300 index up 0.93 percent after a 1.4 percent jump by the Nikkei and 2 to 2.5 percent increases in China’s main markets. The MSCI gauge of stocks in major markets was up 0.35 percent.

Apr 20, 2015

Shares gain on China stimulus, Greece worries weigh on euro

NEW YORK, April 20 (Reuters) – Equity markets snapped back
on Monday after China took steps to stimulate its economy, while
the euro weakened amid worries about Greece and oil rose on
Middle East tension.

The Chinese central bank on Sunday cut the amount of cash
banks must hold as reserves in its latest attempt to spur
lending and combat a slowing economy. The news followed reports
last week about a crackdown on margin lending there, which had
sent global equity markets lower on Friday.

Apr 20, 2015

U.S., European shares up after China stimulus but Greece weighs

NEW YORK (Reuters) – European and U.S. stocks rose on Monday after China announced economic stimulus measures while the euro fell against the dollar on worries Greece may default.

Wall Street reversed course after falling steeply on Friday, as companies reported good quarterly earnings although without enough strength to push stocks to record highs.

Apr 17, 2015

Wall Street tumbles, hit by weak earnings, China

By Sinead Carew

(Reuters) – Wall Street tumbled on Friday, with the major indexes down one percent or more, on investor concerns over new regulations in China, Greece’s debt negotiations and disappointing earnings reports from U.S. corporations.

All ten major S&P 500 sectors lost ground, with the S&P Financials index .SPSY losing 1.24 percent and the S&P Consumer Discretionary index .SPLRCD off by 1.27 percent.

Apr 1, 2015

Wall Street, dollar fall after private jobs data, oil up

NEW YORK (Reuters) – U.S. stocks fell for a second day and the dollar dipped after a weaker-than-expected report on private sector employment spurred investor concerns that a highly anticipated monthly U.S. jobs report on Friday could also point to slowing economic growth.

However, oil futures rallied as talks over Iran’s nuclear program continued, curbing expectations of an immediate deal that would allow Iranian crude on to the market. [O/R]

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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