US US stocks and the dollar ended the week on a cautious note Friday, with Technology among the laggards for the session following results from Amazon that fell short of consensus expectations. Tepid US wage growth and the latest setback to the Republicans plans to repeal Obamacare weighed on the dollar. Tobacco stocks were in […]
US The S&P 500 rallied from intra-day lows to close only marginally down. Technology stocks continued to be of focus with mixed share price response to results released last night – Amazon falling 3%, but Intel beating and rallying by the same amount. The Energy sector benefited from returning strength in the oil price: now […]
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US. stocks fluctuated, while Treasuries turned higher (yields lower) and the dollar slipped after the Federal Reserve held interest rates steady and signalled it will start unwinding its balance sheet “relatively soon.” The S&P 500 Index swung between gains and losses. Corporate results from AT&T to Boeing bolstered equities earlier in the session. Treasury yields turned lower as […]
US US. stocks rose for the first time in four days, rising 0.3%, as earnings season picked up pace with energy and financial stocks leading gains. The energy sector gained 3.2% after industry data showed U.S. crude stockpiles plunged, easing a glut and sparking the highest close for oil in 7 weeks with a gain […]
US US. stocks ended mixed with the S&P declining 0.1%, while Alphabet Inc. slipped in after-hours trading as its results disappointed. The dollar stabilized after falling to a 15-month low to start a week packed with corporate results and a Federal Reserve rate decision. The Fed is expected to make no change to policy tomorrow with […]
US The S&P 500 edged lower Thursday following a weak session for the dollar following comments from Mario Draghi and the failure of the latest US healthcare reform bill. Telecoms and Utilities were the best performing sectors on Wall Street, while Energy stocks were mixed as Brent Crude briefly traded above $50 a barrel before […]