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Wall Street extends rally on U.S.-China trade optimism

2 days ago DieselGasoil Comments Off on Wall Street extends rally on U.S.-China trade optimism
NEW YORK (Reuters) – U.S. stocks rallied on Friday, helping Wall Street’s major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve their trade dispute lifted shares across sectors. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

Netflix shares fall as weak forecast dampens investor optimism

2 days ago DieselGasoil Comments Off on Netflix shares fall as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. The video streaming pioneer’s shortfall in revenue expectations disappointed investors looking for a bigger payoff from the company’s recent decision to raise prices Read More

U.S. consumer sentiment at two-year low, manufacturing rebounds

2 days ago DieselGasoil Comments Off on U.S. consumer sentiment at two-year low, manufacturing rebounds
WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. FILE PHOTO: Shoppers carry bags of purchased merchandise Read More

Wall Street rally builds on trade optimism

2 days ago DieselGasoil Comments Off on Wall Street rally builds on trade optimism
(Reuters) – Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

Industrials power Wall Street higher on trade optimism

2 days ago DieselGasoil Comments Off on Industrials power Wall Street higher on trade optimism
(Reuters) – Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January Read More

Stocks, dollar up on trade hopes; Wall Street set for fourth week gains

2 days ago DieselGasoil Comments Off on Stocks, dollar up on trade hopes; Wall Street set for fourth week gains
NEW YORK (Reuters) – Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end. FILE PHOTO: Traders work on the floor of the New York Stock Exchange Read More

Schlumberger shares rise on lower 2019 capex, international outlook

2 days ago DieselGasoil Comments Off on Schlumberger shares rise on lower 2019 capex, international outlook
(Reuters) – Oilfield services provider Schlumberger NV (SLB.N) said on Friday it would spend less in 2019 and forecast single-digit growth in international markets this year, sending its shares as much as 5 percent higher. FILE PHOTO: The exterior of a Schlumberger Corp building is pictured in West Houston Jan. 16, 2015. Schlumberger, is the Read More

Wall Street opens higher on trade hopes, upbeat manufacturing data

2 days ago DieselGasoil Comments Off on Wall Street opens higher on trade hopes, upbeat manufacturing data
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened higher on Friday and were set for their fourth week of gains on hopes that a bitter trade war between the United States and China would be Read More

Netflix shares slip as weak forecast dampens investor optimism

2 days ago DieselGasoil Comments Off on Netflix shares slip as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter. FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson/File Read More

Stock futures rise as trade hopes help sentiment

2 days ago DieselGasoil Comments Off on Stock futures rise as trade hopes help sentiment
(Reuters) – U.S. stock futures rose for the fifth straight day on Friday, building on hopes that a bitter trade war between the United States and China would be resolved. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid Wall Street Read More