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Wall Street cuts losses late to end tad lower| Reuters

Feb 10, 2016 at 04:30 | Source: FirstPost

U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices.Energy was the day's weakest sector, with the energy index .SPNY falling 2.5 percent as U....

Wall Street ends slightly lower after late rally| Reuters

Feb 10, 2016 at 03:45 | Source: FirstPost

U.S. stocks ended a volatile session barely lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices.Energy was the day's weakest sector, with the index .SPNY falling 2.5 percent as U.S. crude ...

Wall Street rallies late; biotechs, materials boost| Reuters

Feb 10, 2016 at 02:30 | Source: FirstPost

U.S. stocks rose in a late-day rally on Tuesday afternoon, helped by gains in biotechs including Gilead (GILD.O) and in materials shares.Shares of Gilead rose 2.7 percent at $87.60, while Allergan (AGN.N) added 2.2 percent at $272.10. The Nasdaq Biot...

Shares extend losses on fears over global growth, banks| Reuters

Feb 10, 2016 at 01:30 | Source: FirstPost

NEW YORK Stock indexes worldwide tumbled for the third straight session on Tuesday on fears of slowing global growth, with particular concern around the health of the banking sector, while benchmark U.S. Treasury yields hit fresh one-year lows. The E...

Wall St. flat as tech rebound offsets energy, financials| Reuters

Feb 09, 2016 at 23:30 | Source: FirstPost

Wall Street bounced between gains and losses in choppy trading on Tuesday, as a decline in energy and financial sectors offset gains in materials and technology stocks.Four of the 10 major S&P sectors were lower, with energy .SPNY down 1.7 percen...

Growth worries, rate hike uncertainty pull Wall Street down| Reuters

Feb 09, 2016 at 04:15 | Source: FirstPost

U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, although a late rally in energy shares left the market well above its lows of the day.European banks led a global selloff in financial stoc...

Asia stocks slip, Japan rebounds in holiday-thinned trade| Reuters

Feb 09, 2016 at 02:45 | Source: FirstPost

TOKYO Asian shares pared losses on Monday as a weaker yen helped Japan's Nikkei snap a four-day losing streak, but trade was thin with many regional markets closed for the Lunar New Year holiday.Wall Street's losses on Friday curbed overall sentiment...

Wall Street extends losses in broad selloff| Reuters

Feb 09, 2016 at 02:15 | Source: FirstPost

U.S. stocks added to losses in late Monday trading in a broad selloff that drove financial, tech, consumer and materials indexes down more than 3 percent amid persistent fears of a global slowdown.The Nasdaq led losses for a second straight session, ...

Shares tumble on global growth concerns; Treasury yields fall| Reuters

Feb 09, 2016 at 01:30 | Source: FirstPost

NEW YORK Stock indexes worldwide tumbled on Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown, while benchmark 10-year Treasury yields hit their lowest in a year on demand f...

Wall Street bleeds as financials, tech stocks sell off| Reuters

Feb 09, 2016 at 00:30 | Source: FirstPost

Wall Street sank sharply on Monday as financial stocks sold off amid worries about interest rates and investors backed off from richly valued tech and consumer stocks amid persistent fears of a global slowdown.The technology-heavy Nasdaq Composite fe...

Wall St. in selloff mode as techs extend rout, oil falls| Reuters

Feb 08, 2016 at 23:45 | Source: FirstPost

Wall Street was deep in the red in volatile trading on Monday, as technology stocks continued to sell off and oil prices remained under pressure, sending investors scurrying to safe-haven assets.The technology-heavy Nasdaq Composite fell nearly 3 per...

Technology rout pushes Nasdaq to lowest close since 2014| Reuters

Feb 06, 2016 at 04:45 | Source: FirstPost

The Nasdaq Composite that includes large-cap technology names like Alphabet, Microsoft and Facebook led another broad rout on Wall Street Friday, closing at its lowest level since October 2014.Many stocks that had led on the way up in 2015 led the wa...

LinkedIn shares dive more than 40 pct, $11 billion wiped out| Reuters

Feb 06, 2016 at 03:45 | Source: FirstPost

LinkedIn Corp's (LNKD.N) shares plunged as much as 43 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations.The sto...

Nasdaq leads Wall Street lower in broad selloff| Reuters

Feb 06, 2016 at 03:15 | Source: FirstPost

NEW YORK The Nasdaq Composite dropped 3.3 percent on Friday, leading a selloff on Wall Street that followed weak forecasts from companies including LinkedIn and worries about lofty valuations.The Dow Jones industrial average .DJI was down 211.75 poin...

Technology stocks lead Wall Street selloff| Reuters

Feb 06, 2016 at 02:45 | Source: FirstPost

U.S. stocks added to losses in late Friday trading, led by a 3-percent drop on the Nasdaq following weak forecasts from technology companies including LinkedIn (LNKD.N).LinkedIn was down 45 percent at $105.67, a day after the company's revenue foreca...

Wall Street extends selloff after jobs data; tech stocks slump| Reuters

Feb 06, 2016 at 00:45 | Source: FirstPost

Wall Street extended a sharp selloff in afternoon trading on Friday after data showing the U.S. unemployment rate had hit an eight-year low in January revived the prospect of a Fed rate hike this year, and tech stocks sold off heavily following weak ...

LinkedIn shares dive more than 40 percent, $11 billion wiped out| Reuters

Feb 06, 2016 at 00:30 | Source: FirstPost

LinkedIn Corp's shares plunged as much as 43 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations.The stock sank t...

Wall St falls sharply after jobs data; tech stocks hit| Reuters

Feb 05, 2016 at 23:45 | Source: FirstPost

Wall Street was sharply lower on Friday after data showing the U.S. unemployment rate had hit an eight-year low in January revived the prospect of a Fed rate hike this year, and tech stocks sold off heavily following weak forecasts.Nonfarm payrolls i...

Wall St down as jobs report renews rate rise concerns | Reuters

Feb 05, 2016 at 23:30 | Source: FirstPost

Wall Street opened lower on Friday after data showing a surge in wages in January and an eight-year low unemployment rate kept the prospects of a Fed rate hike alive this year.Nonfarm payrolls increased by 151,000 jobs last month, below the 190,000 e...

U.S. stocks rise for second day; materials a boost| Reuters

Feb 05, 2016 at 03:45 | Source: FirstPost

A jump in materials shares helped U.S. stocks eke out a second straight day of gains on Thursday, though disappointing forecasts from retailers and anxiety ahead of Friday's jobs report limited the advance. The S&P 500 materials index .SPLRCM ros...

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