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Wall Street ends flat as nervous investors flock to defensive shares

5 hours ago DieselGasoil Comments Off on Wall Street ends flat as nervous investors flock to defensive shares
NEW YORK (Reuters) – The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags. Traders work on the floor of the New York Read More

Wall Street edges lower as trade-fueled rally loses steam

6 hours ago DieselGasoil Comments Off on Wall Street edges lower as trade-fueled rally loses steam
(Reuters) – U.S. stocks edged lower in volatile trading on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors preferring defensive sectors such as real estate and utilities. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Wall Read More

Wall Street closes up, investors optimistic on China trade

1 day ago DieselGasoil Comments Off on Wall Street closes up, investors optimistic on China trade
NEW YORK (Reuters) – U.S. stocks closed up on Wednesday afternoon, though well below their session highs as investors pulled back in the last few minutes of trading despite optimism about U.S.-China trade relations and some reassuring signs in British politics. Traders work on the floor of the New York Stock Exchange (NYSE) in New Read More

Wall Street climbs 1 percent on trade optimism

1 day ago DieselGasoil Comments Off on Wall Street climbs 1 percent on trade optimism
(Reuters) – U.S. stocks rose 1 percent on Wednesday, boosted by technology stocks, as a report about China planning to increase access for foreign firms added to optimism fuelled by President Donald Trump’s upbeat comments on trade. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, Read More

S&P 500 rises in choppy session; shutdown threat, trade in focus

2 days ago DieselGasoil Comments Off on S&P 500 rises in choppy session; shutdown threat, trade in focus
New York (Reuters) – Wall Street’s three major indexes turned higher in a volatile session as investors appeared hopeful about China-U.S. trade talks, reversing an earlier slump that coincided with President Donald Trump’s threat to shut down the U.S. government. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

Wall Street pulls back after Trump's government shutdown threat

2 days ago DieselGasoil Comments Off on Wall Street pulls back after Trump's government shutdown threat
(Reuters) – The S&P 500 gave up most gains and Dow Industrials turned lower on Tuesday after President Donald Trump’s threat to shut down the government over funding for a border wall undid the boost to markets from optimism over China-U.S. trade talks. FILE PHOTO: Traders work on the floor of the New York Stock Read More

Licking their wounds, fund managers prep for rally in '19

6 days ago DieselGasoil Comments Off on Licking their wounds, fund managers prep for rally in '19
NEW YORK (Reuters) – With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at least 5 percent. FILE PHOTO: Traders work on the floor of Read More

Earthquakes in heart of Texas oil basin spur water crackdown

1 week ago DieselGasoil Comments Off on Earthquakes in heart of Texas oil basin spur water crackdown
By Ryan Collins and David Wethe on 12/6/2018 HOUSTON (Bloomberg) — Texas is considering new restrictions on how shale explorers dispose of wastewater from oil drilling as earthquakes rattle the largest oil-producing American state.  The new rules would target how much and at what pressure briny water that emerges from oil wells is injected back Read More

Wall Street grows cautious but still optimistic: Reuters poll

2 weeks ago DieselGasoil Comments Off on Wall Street grows cautious but still optimistic: Reuters poll
NEW YORK (Reuters) – Fears of a prolonged U.S.-China trade war and a potentially overzealous Federal Reserve have left Wall Street strategists less optimistic about stock market gains next year, but they still expect a decent increase, a Reuters poll found. FILE PHOTO: A trader works on the floor at the New York Stock Exchange Read More

Wall Street reverses losses after White House adviser's trade remarks

2 weeks ago DieselGasoil Comments Off on Wall Street reverses losses after White House adviser's trade remarks
NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average edged higher on Tuesday after White House economic adviser Larry Kudlow said a meeting between President Donald Trump and his Chinese counterpart on Saturday was an opportunity to “turn the page” on a trade war. All three of Wall Street’s major indexes Read More