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'Golden cross' for stocks doesn't always glitter

1 hour ago DieselGasoil Comments Off on 'Golden cross' for stocks doesn't always glitter
NEW YORK (Reuters) – The Dow Jones Industrial Average triggered a technical signal on Tuesday that many investors believe could portend more gains for stocks in the short term, known as the golden cross. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. Read More

Longest stocks rally of the year stumbles ahead of Fed

5 hours ago DieselGasoil Comments Off on Longest stocks rally of the year stumbles ahead of Fed
LONDON (Reuters) – World shares’ longest rally of the year looked set to stumble on Wednesday as investors took profits before a U.S. Federal Reserve’s policy decision, which is expected to offer clues to interest rate prospects for the coming year. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Wall Street set for muted open as investors await Fed outlook

5 hours ago DieselGasoil Comments Off on Wall Street set for muted open as investors await Fed outlook
(Reuters) – Wall Street’s main indexes were set to eke out gains at open on Wednesday, as investors cautiously waited for more clarity on the Federal Reserve’s monetary policy outlook for the year, while trade worries still lingered. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

World shares face end to winning streak as Fed looms

8 hours ago DieselGasoil Comments Off on World shares face end to winning streak as Fed looms
LONDON (Reuters) – World shares faced an end to their longest winning streak of the year as investors took profits on Wednesday before the U.S. Federal Reserve’s policy decision, seen as offering clues to interest rate prospects over the coming year. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Wall Street inches higher as Fed meeting convenes

23 hours ago DieselGasoil Comments Off on Wall Street inches higher as Fed meeting convenes
NEW YORK (Reuters) – Wall Street gained ground on Tuesday, with investors expecting the U.S. Federal Reserve to reaffirm its dovish stance as it began its two-day monetary policy meeting. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, Read More

Wall Street gains halve after report of China pushback on trade

1 day ago DieselGasoil Comments Off on Wall Street gains halve after report of China pushback on trade
FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. REUTERS/Brendan McDermid (Reuters) – Wall Street’s main indexes pared gains sharply on Tuesday following a Bloomberg report that U.S. officials are concerned China is pushing back against American demands Read More

Hopes of Fed standing pat on rate hikes drive Wall Street higher

1 day ago DieselGasoil Comments Off on Hopes of Fed standing pat on rate hikes drive Wall Street higher
(Reuters) – Wall Street’s main indexes climbed on Tuesday, as investors hoped for a more accommodative policy stance at the end of the Federal Reserve’s two-day meeting this week. FILE PHOTO: A trader passes by screens showing Spotify on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 13, 2019. Read More

Global shares gain as Fed looms, pound rides new Brexit twists

1 day ago DieselGasoil Comments Off on Global shares gain as Fed looms, pound rides new Brexit twists
LONDON (Reuters) – World shares inched toward their longest winning streak of the year on Tuesday ahead of a Federal Reserve meeting, while the pound kept calm after another dramatic twist in the Brexit plot bolstered bets on a lengthy delay to the process. FILE PHOTO: Traders work at Frankfurt’s stock exchange in Frankfurt, Germany Read More

Asian shares steady as Fed looms, May's Brexit deal in chaos

1 day ago DieselGasoil Comments Off on Asian shares steady as Fed looms, May's Brexit deal in chaos
TOKYO (Reuters) – Asian shares held to tight ranges on Tuesday ahead of a Federal Reserve policy meeting, but were broadly supported near 6-1/2-month highs on expectations the U.S. central bank might strike a dovish tone, while fresh Brexit worries weighed on the pound. FILE PHOTO: Men look at stock quotation boards outside a brokerage Read More

Asian shares flat as Fed looms, May's Brexit deal in chaos

2 days ago DieselGasoil Comments Off on Asian shares flat as Fed looms, May's Brexit deal in chaos
TOKYO – Asian shares held tight ranges on Tuesday ahead of the a Federal Reserve policy meeting, but were broadly supported near six-month highs on expectations the central bank might strike a dovish tone, while fresh Brexit worries dogged the pound. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, Read More