Crude oil, SPY, UUP, and gold ETFs react after US growth data (Part 2 of 5) (Continued from Part 1) US Dollar Index The US Dollar Index fell after the US commerce department reported US economic growth data. The US economy grew by 2.6% in 4Q14 compared to 5% in 3Q14, which was below the Read More
News
* Pfizer (NYSE: PFE – news) to buy Hospira (NYSE: HSP – news) for about $ 15 billion * Twitter (Xetra: A1W6XZ – news) gains after Bloomberg reports deal with Google (Xetra: A0B7FY – news) * Michael Kors (Swiss: KORS.SW – news) tumbles after results, outlook * Futures up: Dow 104 pts, S&P 14.5 pts, Read More
U.S. stock futures traded higher Thursday, helped by Pfizer’s ( PFE ) $ 17 billion deal to buy Hospira ( HSP ), even as the European Central Bank caused jitters overseas when it stopped accepting Greek bonds in return for providing emergency funding to Greek banks. Greece dubbed the surprise move as “blackmail” to Read More
S&P Futures signaled a higher open on Thursday, ahead of key media company earnings and after the European Central Bank (ECB) put more pressure on Greece’s new government. Futures also cheered a positive turn in oil by more than 2.5 percent after Wednesday’s nearly 9 percent plunge. The gains came as European equities moved lower Read More
* Pfizer to buy Hospira for about $ 15 billion * Twitter gains after Bloomberg reports deal with Google * Michael Kors tumbles after results, outlook * Futures up: Dow 100 pts, S&P 14 pts, Nasdaq 20.25 pts By Chuck Mikolajczak NEW YORK, Feb 5 (Reuters) – S&P Futures advanced on Thursday, putting equities on Read More
CHICAGO: US soybean futures fell 1.5 percent on Wednesday, retreating from a three-week high notched Tuesday as the dollar rose, traders said. Outlooks for the driest areas of Brazil’s crop region calling for rain this week and the falling crude oil market also hurt soy prices. Read More
IOWA CITY, Iowa (AP) — U.S. Bank will pay $ 18 million to settle a lawsuit alleging that its lax oversight enabled the founder of one of the nation’s largest brokerages to embezzle $ 215 million from customers, a judge ruled Wednesday. The payment will go to customers who had accounts to trade domestic commodities Read More
* Crude falls after 4-day rally * ADP employment falls short of expectations * Merck down after earnings, Disney climbs * Futures off: Dow 18 pts, S&P 6.25 pts, Nasdaq 14.5 pts (Adds ADP data, quote) By Chuck Mikolajczak NEW YORK, Feb 4 (Reuters) – U.S. stocks were poised to dip at the open on Read More
* Crude falls after 4-day rally * ADP employment data on tap * Futures off: Dow 32 pts, S&P 7 pts, Nasdaq 15.25 pts By Chuck Mikolajczak NEW YORK, Feb 4 (Reuters) – S&P Futures dipped on Wednesday, after a two-day rally for the S&P 500 ahead of data on the labor market and the Read More
* Staples (NasdaqGS: SPLS – news) , Office Depot (NasdaqGS: ODP – news) in advanced merger talks – WSJ * Aetna (NYSE: AET – news) posts Q4 results, raises 2015 outlook * Futures up: Dow 40 pts, S&P 4.25 pts, Nasdaq 5.25 pts (Adds oil gains, updates prices) By Chuck Mikolajczak NEW YORK, Feb 3 Read More