Banks and tech drive Wall Street up over 1 percent May 24, 2016 07:38AM

By Noel Randewich

(Reuters) - Wall Street surged more than 1 percent on Tuesday and the Nasdaq had its strongest day in three months as investors made peace with the possibility that the U.S. Federal Reserve might soon raise interest rates.

Comments from policymakers in recent days have investors expecting a rate hike potentially in June, much sooner than previously thought, given sluggish economic growth.

Wall Street has... (continue reading...)


Pre-open market-options summary May 24, 2016 06:35AM

Globex S&P futures are recently up 3.45 from previous day’s SPX. Nikkei 225 down 0.94%, Hang Seng up 0.11%, DAX up 0.55%. WTI Crude oil is recently at $47.73, natural gas up 0.56%, gold at $1243 an ounce, copper up 0.02%.Stocks and options expected to be active: BBY TOL HPE HPQ AZO INTU COST SNE BIG PANW DECK GME NTAP


Wall Street dips; Apple gain fails to offset rate worries May 23, 2016 07:34AM

By Noel Randewich

(Reuters) - Wall Street ended lower on Monday as a bounce in Apple failed to offset concerns that the U.S. Federal Reserve could raise interest rates sooner than later.

The timing of future Fed rate hikes in the face of a sluggish economy is a major focus among stock investors who have benefited from historically low borrowing costs since the 2008 financial crisis.

The Dow Jones industrial average and the... (continue reading...)


Pre-open market-options summary May 23, 2016 06:38AM

Globex S&P futures are recently down 1.00 from previous day’s SPX. Nikkei 225 down 0.49%, Hang Seng down 0.22%, DAX down 0.02%. WTI Crude oil is recently at $48.01, natural gas up 2.6%, gold at $1250 an ounce, copper down 0.10%.Stocks and options expected to be active: MON BBY TOL HPE HPQ AZO INTU COST TLRD SNE P


Stocks dip, yields inch up on Fed rate hike talk May 22, 2016 08:40PM

By Caroline Valetkevitch and Saqib Iqbal Ahmed

NEW YORK (Reuters) - Global stock markets edged lower while short-dated U.S. Treasury yields held near two-month highs on Monday as investors weighed the possibility that U.S. interest rates could soon rise.

Commodities were mostly lower. Oil prices fell for a fourth session in a row as investors worried about global supply, while gold declined to a 3-1/2-week low.

In the United... (continue reading...)


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