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Feb 10, 2015

Wall St rises on Greek deal hopes; Apple hits record

NEW YORK, Feb 10 (Reuters) – U.S. stocks rose on Tuesday on
hopes that Greek debt negotiations could result in a deal that
stabilizes Europe, while Apple helped lift the S&P 500 and
Nasdaq as it became the first U.S. company worth more than $700
billion.

Apple Inc shares closed up 1.9 percent to $122.02
after it priced Swiss franc bonds.

Feb 10, 2015

Wall St. rises on Greek deal hopes even as energy drops

NEW YORK (Reuters) – U.S. stocks rose on Tuesday on hopes a deal in Greek debt negotiations was drawing closer and on Coca-Cola earnings, but a drop in energy shares helped cap the advance.

The European Commission will introduce a compromise proposal in which Greece should ask for a six-month period to discuss with lenders any pending issues and post-bailout plan according to a report by MNSI, citing unnamed sources.

Feb 9, 2015

Wall St ends down on Greece, China worries

NEW YORK, Feb 9 (Reuters) – U.S. stocks fell on Monday as
investors worried about Greek debt negotiations and
disappointing Chinese economic data on top of uncertainty about
U.S. interest rates.

After the market’s strong week last week, nine out of ten
S&P sectors finished down Monday, with healthcare and utilities
the worst performers. Only energy finished up slightly, boosted
by rising oil prices.

Feb 9, 2015

Wall St down on China, Greek worry; energy gains

NEW YORK, Feb 9 (Reuters) – U.S. stocks pared their losses
on Monday as investors took increased tensions over Greek debt
negotiations and disappointing Chinese economic data in stride,
helped by a rise in oil prices that boosted energy stocks.

After Greece’s Prime Minister Alexis Tsipras ruled out any
extension of its international bailout on Sunday and announced
moves to reverse some of the reforms imposed by its lenders
European Commission President Jean-Claude Juncker said Greeks
should not expect the euro zone to accept the latest terms
proposed by Greece.

Jan 31, 2015

Wall St. closes down for January, Shake Shack rallies in debut

NEW YORK (Reuters) – U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United States.

U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.

Jan 30, 2015

Wall Street pares losses on energy rebound; Shake Shack, Amazon rally

NEW YORK (Reuters) – U.S. stocks pared earlier losses to trade little changed Friday afternoon amid a rebound in the energy sector as oil prices surged on expectations for a supply decline due to a falling rig count.

The S&P energy sector was up 1.5 percent at 2:30 p.m. ET (1930 GMT) after falling as much as 1.5 percent earlier in the session. The rebound came as crude futures rose 8 percent following a survey that showed that the number of rigs drilling for oil in the United States fell by 94 this week, the biggest decline since 1987.

Jan 30, 2015

Wall St falls on U.S. growth concern; Shake Shack, Amazon rally

NEW YORK, Jan 30 (Reuters) – U.S. stocks fell on Friday,
pressured by concern over by domestic economic growth and the
potential impact of euro zone instability on U.S. corporate
results.

U.S. economic growth slowed sharply in the fourth quarter as
weak business spending and a wider trade deficit offset the
fastest pace of consumer spending since 2006.

Jan 29, 2015

Wall Street finishes higher in afternoon rally as oil gains

NEW YORK (Reuters) – U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares helped offset some disappointing earnings and lingering questions over U.S. monetary policy.

The S&P 500 had fallen as much as 0.6 percent earlier, led by energy stocks, which then reversed direction along with crude prices.

Jan 29, 2015

Wall Street gains in choppy session as traders juggle mixed messages

NEW YORK (Reuters) – U.S. stocks were up in a volatile session on Thursday, helped by firmer oil prices, even as mixed corporate news and confusion over U.S. monetary policy left investors anxious about which way to turn.

The S&P 500 index was up 0.9 percent in the afternoon after a decline of as much as 0.6 percent earlier in the session and oil futures turned positive on a day when strong job market data contrasted with disappointing reports from Alibaba and Qualcomm.

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.

    • 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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