Equity News Results

  • GLOBAL MARKETS-Bitcoin futures surge past $18,000; Asian shares firm

    * Bitcoin futures make firm debut on launch day. * MSCI ex-Japan up 0.4 pct, well above recent 2-month trough. * Dollar near 1-month high against yen. * Fed expected to hike rates this week; BoE, ECB also meeting. By Swati Pandey.

  • Tax-loss selling to pressure 2017's losers in December

    Stocks that have been lackluster so far in 2017 are unlikely to see their fortunes reversed in the final month of the year, as investors engage in tax-harvesting practices before the new year. Investors often exercise tax-loss selling strategies, dumping stocks that have performed poorly in order to reduce or eliminate capital gains taxes, as the year draws to a close.

  • BUZZ-U.S. stocks weekly: Still in business

    ** S&P 500 posts 0.4 pct weekly gain and notches record high close on Fri, helped by robust Nov hiring data and legislation averting a government shutdown. ** That said, tech's recent stumble has put a damper on the high-flying Nasdaq. ** And if Nasdaq doesn't feel better again soon, its cough may lead to an SPX cold.

  • GLOBAL MARKETS-Strong U.S. job growth data lifts stocks, dollar

    * European stocks rally on Brexit talk breakthrough. * Oil gains on Chinese demand, but weekly losses loom. * Dollar index climbs for fifth straight session. * Bitcoin drops after dramatic gains. By Lewis Krauskopf. Wall Street and other major global stock markets posted solid gains on Friday and the U.S. dollar rose for a fifth straight day after data showed robust U.S. job growth.

  • US STOCKS-Wall Street closes higher after payrolls report

    * Average hourly earnings rise 0.2 percent. * Dow up 0.49 pct, S&P 500 up 0.55 pct, Nasdaq up 0.40 pct. By Chuck Mikolajczak. U.S. stocks advanced on Friday, buoyed by a solid payrolls report for November that locked in expectations for an interest rate hike from the U.S. Federal Reserve next week and raised optimism about economic prospects in 2018.

  • S&P 500, Dow end at records after jobs data

    Stocks ended the week on an positive note Friday, with the S&P 500 and Dow Jones Industrial Average logging record closes, while the Nasdaq Composite also advanced. The S&P 500 finished 0.6% higher at 2,651.50, according to preliminary figures, while the Dow advanced around 118 points, or 0.5%, to close around 24,329. The moves saw the S&P 500 and Dow turn positive for the week, with both gauges posting weekly advances of 0.4%. The Nasdaq Composite rose 0.4% to end near 6,840, trimming...

  • US STOCKS SNAPSHOT-Wall St ends up as jobs report boosts optimism

    U.S. stocks ended higher on Friday, buoyed by a solid payrolls report that locked in expectations for an interest rate hike from the U.S. Federal Reserve next week and raised optimism about economic prospects in 2018.

  • GLOBAL MARKETS-Stocks, dollar climb after strong U.S. job growth data

    * European stocks rally on Brexit talk breakthrough. * After dramatic gains, bitcoin tumbles 20 pct in 10 hours. * Oil gains on Chinese demand, but weekly losses loom. * Dollar index on pace for fifth session of gains. By Lewis Krauskopf.

  • Gold prices suffer a nearly 3% drop for the week

    By Myra P. Saefong, MarketWatch, Rachel Koning Beals. Gains for dollar, stocks, bitcoin have dulled haven demand. Gold prices fell on Friday, settling at their lowest level in nearly five months as the U.S. dollar and stocks firmed in the wake of stronger-than-expected U.S. jobs data for November.

  • US STOCKS-November payrolls report lifts Wall St

    * Average hourly earnings rise 0.2 percent. * Technology, healthcare stock lead S&P gainers. * Dow up 0.34 pct, S&P 500 up 0.43 pct, Nasdaq up 0.46 pct. By Chuck Mikolajczak.

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