Sinead's Feed
Mar 16, 2015

Wall St rises as euro recovers against dollar

March 16 (Reuters) – U.S. stocks opened higher Monday and
the benchmark S&P 500 rebounded after three weeks of losses as
the euro strengthened against the dollar, easing some concerns
over the impact of a robust greenback on corporate earnings.

Investors have been cautious ahead of a U.S. Federal Reserve
statement due on Wednesday, when they expect the central bank to
give a clearer signal on the timing of its first interest rate
hike in almost a decade.

Mar 16, 2015

Wall Street futures rise as euro recovers

By Sinead Carew

(Reuters) – U.S. stock index futures were up on Monday, putting the benchmark S&P 500 on track for a rebound after three weeks of losses, as currency markets helped reassure U.S. investors concerned about how a strong dollar would hurt earnings.

The S&P 500 has fallen 2.7 percent in the last three weeks, including a 0.9 percent drop last week. The Dow lost 0.6 percent last week while the Nasdaq declined 1.1 percent.

Mar 13, 2015

Investors in ‘patient panic’ over Fed language

By Sinead Carew

(Reuters) – Forget the 2013 “taper tantrum.”

U.S. stock markets are in the midst of a “‘patient’ panic” ahead of Wednesday’s Federal Reserve statement, when many investors expect a change in the Fed’s language that would send the clearest signal yet that a rate hike is coming soon.

The S&P 500 has fallen 2.6 percent since February’s stronger-than-expected jobs report a week ago boosted expectations for an interest rate increase as soon as June.

Mar 13, 2015

Wall St Week Ahead-Investors in ‘patient panic’ over Fed language

March 13 (Reuters) – Forget the 2013 “taper tantrum.”

U.S. stock markets are in the midst of a “‘patient’ panic”
ahead of Wednesday’s Federal Reserve statement, when many
investors expect a change in the Fed’s language that would send
the clearest signal yet that a rate hike is coming soon.

The S&P 500 has fallen 2.6 percent since February’s
stronger-than-expected jobs report a week ago boosted
expectations for an interest rate increase as soon as June.

Mar 11, 2015
via Data Dive

Nasdaq looks different 15 years after its peak: then and now

Happy anniversary, Nasdaq. It has been 15 years since the dot.com bubble peaked on March 10, 2000, and the Nasdaq composite index hit its lifetime intraday high of 5,132. Back then many of us were watching reality TV shows like “Survivor” and bidding up stocks of companies that had no earnings.

The index has not reached those heights since, though it briefly surpassed the 5,000 mark on March 2. It has since retreated.

Mar 11, 2015
via Data Dive

Nasdaq looks different 15 years after its peak: then and now

Happy anniversary, Nasdaq. It has been 15 years since the dot.com bubble peaked on March 10, 2000, and the Nasdaq composite index hit its lifetime intraday high of 5,132. Back then many of us were watching reality TV shows like “Survivor” and bidding up stocks of companies that had no earnings.

The index has not reached those heights since, though it briefly surpassed the 5,000 mark on March 2. It has since retreated.

Mar 6, 2015

Wall St ends lower as jobs data may bring rate hike sooner

NEW YORK, March 6 (Reuters) – U.S. stocks closed lower on
Friday and the S&P 500 declined for a second straight week
after a strong monthly jobs report as investors bet that the
Federal Reserve could raise interest rates sooner than
previously expected.

Some of the worst-hit stocks were utilities and real estate
investment trusts as they are high-yielding investments which
would look less attractive after a rate hike.

Mar 6, 2015

Wall St falls as strong jobs data may bring rate hike sooner

NEW YORK, March 6 (Reuters) – U.S. stocks retreated on
Friday, with the S&P 500 index poised for its second straight
weekly drop, after a strong monthly jobs report fueled
expectations for an interest rate hike by the Federal Reserve
this year.

U.S. nonfarm payrolls rose 295,000 last month, topping
estimates for a gain of 240,000, after a downwardly revised
239,000 increase in January. The unemployment rate fell to 5.5
percent from 5.7 percent in January.

Mar 6, 2015

Wall Street falls after strong payrolls report

NEW YORK (Reuters) – U.S. stocks retreated on Friday, with the S&P 500 index poised for its second straight weekly drop, as a strong monthly jobs report fueled expectations for an interest rate hike by the Federal Reserve this year, possibly sooner than anticipated.

U.S. nonfarm payrolls rose 295,000 last month, topping estimates for a gain of 240,000, after a downwardly revised 239,000 increase in January. The unemployment rate fell to 5.5 percent from 5.7 percent in January.

Mar 5, 2015

Wall St closes up slightly ahead of jobs report

NEW YORK, March 5 (Reuters) – U.S. stocks closed modestly
higher in light trading on Thursday as investors held back on
big bets ahead of Friday’s jobs report, which is expected to be
a big factor in influencing the timing of a Federal Reserve
interest rate hike.

Focus on the report was heightened as many investors see it
as one of the most import economic indicators due to be released
ahead of the Fed’s meeting in mid-March.

    • 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."
    • More from Sinead

    • Follow Sinead