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Jan 29, 2015

Wall Street gains in choppy trading

NEW YORK (Reuters) – U.S. stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm.

The S&P 500 hit a session high in the afternoon when nine out of 10 of the index’s sectors turned positive. It had fallen as much as 0.65 percent earlier.

Jan 28, 2015

Wall St ends lower after Fed statement, oil drop

NEW YORK, Jan 28 (Reuters) – U.S. stocks closed down on
Wednesday, driven by a sharp decline in the S&P 500 energy
sector, after the Federal Reserve said the domestic economy was
growing at a solid pace, signaling it remains on track to raise
interest rates later this year.

Concluding their first policy-setting meeting of the year,
Fed officials said they would be “patient” on raising rates as
they looked past the urgent moves made by other central banks
this month to boost their struggling economies.

Jan 28, 2015

U.S. stocks fall after Fed statement, oil drop

NEW YORK (Reuters) – U.S. stocks fell on Wednesday, driven by extended losses in the S&P 500 energy sector, after the Federal Reserve said it will remain “patient” in deciding when to raise interest rates.

Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to boost their struggling economies and saw continued economic expansion in the United States.

Jan 28, 2015

U.S. stocks give up gains after Fed statement

NEW YORK (Reuters) – U.S. stocks fell slightly in volatile trading on Wednesday after the Federal Reserve said the U.S. economy is on track and it will remain “patient” in deciding when to raise interest rates.

Concluding their first policy-setting meeting of the year, Fed officials looked past the urgent moves made by other central banks this month to boost their struggling economies and saw continued economic expansion in the United States.

Jan 27, 2015

U.S. multinationals hit hard by strong dollar, to bleed further into 2015

NEW YORK (Reuters) – A slew of U.S. multinational companies from DuPont (DD.N: Quote, Profile, Research) to Microsoft Corp (MSFT.O: Quote, Profile, Research) showed that a strong U.S. dollar is hammering their earnings, with several blue chip exporters predicting the situation will get worse if the greenback holds its strength.

All told, the resurgent U.S. currency could shave up to $12 billion off U.S. companies’ fourth-quarter 2014 revenue alone, according to currency expert Wolfgang Koester, the chief executive of FireApps, a data analytics company in Phoenix, Arizona that examines quarterly reports for currency related losses.

Jan 15, 2015

Wall St. starts fourth-quarter earnings season under cloud of worry

By Sinead Carew

(Reuters) – Investors opened this earning season weighted down by worries, as weak December retail sales, plummeting copper prices and some high-profile misses raised the specter of a disappointing reporting period.

It is still too early to get a proper view of the fourth quarter, with just seven percent of S&P names reporting results so far. But the combination of the global economic decline spreading through the market and the sharp decline in oil prices since June to below $50 a barrel is troubling investors.

Jan 8, 2015

Analysis – Utilities may keep rising, but investors should tread carefully

By Sinead Carew

(Reuters) – Utilities stocks bested all other S&P sectors in 2014, and with cold winds blowing across much of the United States investors may be hoping for more of the same.

The sector is generally considered the stodgiest of stocks given their slow-and-steady revenue growth and attractiveness to careful investors looking for high dividends.

Jan 8, 2015

Utilities may keep rising, but investors should tread carefully

By Sinead Carew

(Reuters) – Utilities stocks bested all other S&P sectors in 2014, and with cold winds blowing across much of the United States investors may be hoping for more of the same.

The sector is generally considered the stodgiest of stocks given their slow-and-steady revenue growth and attractiveness to careful investors looking for high dividends.

Jan 6, 2015

Energy shares lead Wall Street to worst day since early October

NEW YORK (Reuters) – The S&P 500 had its worst day in almost three months on Monday, with energy shares leading the decline as global economic concerns were compounded by swooning oil prices.

The S&P closed off 1.8 percent in its first four-day losing streak since December 2013 and its biggest drop since Oct. 9. It fell as much as 1.99 percent in the session while the Dow Jones Industrial Average tumbled as much as 2 percent.

Jan 5, 2015

Energy shares lead Wall St to worst day since early Oct

NEW YORK, Jan 5 (Reuters) – The S&P 500 had its worst day in
almost three months on Monday, with energy shares leading the
decline as global economic concerns were compounded by swooning
oil prices.

The S&P closed off 1.8 percent in its first four-day losing
streak since December 2013 and its biggest drop since Oct. 9. It
fell as much as 1.99 percent in the session while the Dow Jones
Industrial Average tumbled as much as 2 percent.

    • 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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