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S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high

17 hours ago DieselGasoil Comments Off on S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
NEW YORK (Reuters) – The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc (C.N) kicked off the earnings season with a mixed quarterly report. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July Read More

S&P trades near flat as Citigroup results weigh on bank stocks

18 hours ago DieselGasoil Comments Off on S&P trades near flat as Citigroup results weigh on bank stocks
NEW YORK (Reuters) – The benchmark S&P 500 index struggled for direction in choppy trade on Monday as earnings season began in earnest with a mixed quarterly report from Citigroup Inc (C.N). Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid The bank Read More

China data supports stocks as U.S. earnings season begins

19 hours ago DieselGasoil Comments Off on China data supports stocks as U.S. earnings season begins
NEW YORK (Reuters) – A gauge of global stocks edged higher on Monday after economic data from China came in as expected, although stocks on Wall Street slipped as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the opening Read More

Chinese data supports stocks as U.S. earnings season picks up

22 hours ago DieselGasoil Comments Off on Chinese data supports stocks as U.S. earnings season picks up
NEW YORK (Reuters) – A gauge of global stocks advanced on Monday as economic data from China came in as expected, although stocks on Wall Street were little changed as financials showed some weakness in the wake of Citigroup’s earnings report. Traders work on the floor of the New York Stock Exchange shortly after the Read More

Wall Street flat as Citi results weigh on bank shares

23 hours ago DieselGasoil Comments Off on Wall Street flat as Citi results weigh on bank shares
(Reuters) – Wall Street’s three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid Shares of Read More

Wall St opens at record highs as earnings season kicks off

24 hours ago DieselGasoil Comments Off on Wall St opens at record highs as earnings season kicks off
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid (Reuters) – Wall Street’s main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations. The Read More

Wall Street stocks climb, dollar drops on rate-cut optimism

4 days ago DieselGasoil Comments Off on Wall Street stocks climb, dollar drops on rate-cut optimism
NEW YORK (Reuters) – Wall Street stocks closed higher and the dollar fell on Friday as investors prepared for a U.S. interest-rate cut, while oil futures were little changed as a forecast for a global crude surplus offset worries about U.S. output declines due to a tropical storm. Traders work on the floor of the Read More

Wall St. notches all-time highs on lingering rate-cut optimism

4 days ago DieselGasoil Comments Off on Wall St. notches all-time highs on lingering rate-cut optimism
NEW YORK (Reuters) – All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate cut from the Federal Reserve continued to propel shares while investors awaited next week’s kickoff of the corporate earnings season. The S&P 500 closed above the 3,000 level for the first time, with the industrial Read More

Wall St. notches record highs on Fed rate-cut expectations

4 days ago DieselGasoil Comments Off on Wall St. notches record highs on Fed rate-cut expectations
Numbers showing the rise of the Dow Jones Industrial Average above 27,000 are displayed on a screen above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., July 12, 2019. REUTERS/Lucas Jackson NEW YORK (Reuters) – All three major indexes posted record closing highs on Friday as Read More

Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs

4 days ago DieselGasoil Comments Off on Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs
(Reuters) – The S&P 500 and the Dow Jones Industrial Average hit fresh record highs on Friday, as the indexes continued a strong run for the week on hopes of an interest rate cut this month, while investors waited for the start of the corporate earnings season. Numbers showing the rise of the Dow Jones Read More