Futures rise on strong Apple results; Fed awaited Jul 27, 2016 07:26AM

By Yashaswini Swamynathan

(Reuters) - U.S. stock index futures were higher on Wednesday, helped by Apple's stellar results, and ahead of the Federal Reserve's comments on interest rates.

* Apple (NASDAQ: AAPL) shares soared more than 6 percent to $102.66 in premarket trading after the company sold more iPhones than expected in the third-quarter and gave an upbeat current-quarter forecast.

* Investors are also waiting to hear... (continue reading...)


Wall St. mixed, Apple impresses and Twitter disappoints Jul 26, 2016 07:23AM

By Noel Randewich

(Reuters) - U.S. stocks were mixed on Tuesday as Federal Reserve policymakers kicked off a two-day interest rate meeting and investors braced for quarterly scorecards from Apple and Twitter.

Choppy stock trading followed a recent rally to consecutive record highs on the S&P 500 that has stretched price-to-earnings multiples to levels that some investors say presumes that companies will beat second-quarter estimates.

... (continue reading...)
Wall St. declines as earnings take center stage Jul 25, 2016 07:20AM

By Noel Randewich

(Reuters) - U.S. stocks receded from record highs on Monday as oil weighed on energy shares and investors awaited an avalanche of quarterly reports.

Shares fell almost across the board, with energy stocks leading declines across 10 S&P 500 sectors and the consumer discretionary sector the lone gainer, helped by a 1.84-percent gain in Target (NYSE: TGT).

The negative start to the week, which includes earnings... (continue reading...)


Wall St. rises, racks up fourth straight week of gains Jul 22, 2016 07:50AM

By Lewis Krauskopf

(Reuters) - Wall Street rose on Friday, clinching the fourth straight positive week for the stock market, boosted by strength in telecom stalwarts AT&T and Verizon.

A U.S. manufacturing report also came in above expectations, building on upbeat data from earlier in the month.

Gains were limited by weakness in reports from industrial companies including General Electric.

The S&P and Dow have... (continue reading...)


U.S. stocks keep winning streak, sterling drops Jul 21, 2016 08:19PM

By Richard Leong

NEW YORK (Reuters) - U.S. stock prices rose on Friday, marking four straight weeks of gains, while sterling dropped on bleak data that raised fears about a possible British recession following the country's June 23 vote to leave the European Union.

Concerns about global oversupply hurt oil prices, increasing their weekly losses.

Bond and gold prices fell on expectations the Federal Reserve may raise interest... (continue reading...)


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