News Stocks 

S&P 500, Nasdaq close at 5-month high on China trade, global growth optimism

“Consumer sentiment rose in March to 97.8 from 93.8 in February, according to a preliminary reading of the University of Michigan consumer sentiment index” writes Markets Reporter for marketwatch.com. The S&P 500 index SPX, +0.41% climbed 14 points, or 0.5%, to 2,822.48 and the Nasdaq Composite Index COMP, +0.76% advanced 57.62 points, 0.8%, to 7,688.53.U.S. stocks closed higher Friday, with the S&P 500 and the Nasdaq finishing at five-month highs, as market sentiment was buoyed by encouraging headlines on U.S.-China trade negotiations and Chinese assurances of forthcoming economic stimulus. Source: marketwatch.com

Read More
News Stocks 

Stocks gain on China trade, global growth optimism; Boeing shares lift Dow

“Consumer sentiment rose in March to 97.8 from 93.8 in February, according to a preliminary reading of the University of Michigan consumer sentiment index” writes Markets Reporter for marketwatch.com. The gains would mark the biggest weekly gain since the period ended Feb. 15, according to FactSet data.BIOS, -24.93% shares sank 26% after the company announced a deal to merge with privately held Option Care Enterprises Inc.U.S. stocks rose Friday as major benchmarks aimed for their most robust weekly gains in a month with sentiment buoyed by encouraging headlines on U.S.-China…

Read More
News Stocks 

Stocks rise modestly as investors parse conflicting economic data and China trade headlines

“AMZN, +1.17% stock rose 0.5% early Friday, after KeyBanc Capital raised its rating on the stock to overweight” writes Markets Reporter for marketwatch.com. BIOS, -28.65% stock fell 30%, after the company announced a deal to merge with privately held Option Care Enterprises Inc.The stock fell .50.9% Friday.U.S. stocks rose Friday as the major benchmarks aim for their most robust weekly gains in a month, and as investors parse optimistic headlines on U.S.-China trade developments as well as conflicting data on the U.S. economy.The gains would mark the biggest weekly gain…

Read More
Markets News Stocks 

Stock market ends mostly lower as Sino-American trade worries keeps Wall Street buying appetite in check

“On Wednesday, the broad-market index closed at that level for the first time since March 1” writes Mark Decambre for marketwatch.com. Still, reports that raised some doubts about progress in Sino-American trade negotiations weighed on Wall Street, keeping the buying mood in check.U.S. stocks edged mostly lower Thursday as declines in communications services, materials and materials offset gains in financials and technology.Meanwhile, the S&P 500 index SPX, -0.09% lost 0.1% to 2,808, but managed to hold on to a psychologically significant level at 2,800, despite the retreat. Source: marketwatch.com

Read More
GBP News Stocks 

Stocks struggle fore direction as investors parse trade news, weak Chinese economic data

“Boeing shares BA, -0.52% rose 0.6% early Thursday, though the stock has lost 10.1% so far this week” writes Markets Reporter for marketwatch.com. Stock markets in Asia ended Thursday lower after data showing that Chinese industrial production slowed more than expected in January and February.Bloomberg News reported Thursday that a meeting between President Donald Trump and Chinese President Xi Jinping will be delayed until at least April, news that appeared to weigh on stock-index futures.The S&P 500 index SPX, -0.15% added 19.40 points, or 0.7%, to end at 2,810.92, its…

Read More
Futures News Stocks 

Stock futures edge lower as investors weigh weak China data, Brexit drama

“The S&P 500 index SPX, +0.69% added 19.40 points, or 0.7%, to end at 2,810.92, its highest close since Nov. 7” writes Markets Reporter for marketwatch.com. Bloomberg reported Thursday morning that a meeting between Trump and Chinese President Xi Jinping will be delayed until at least April, news that appeared to weigh on stock index futures.Boeing’s stock BA, +0.46% was flat in premarket action Thursday, but has lost nearly 11% so far this week.A report on new home sales is scheduled for 10 a.m., while business inventories data are due…

Read More
Markets News 

Asia shares take a breather, pound near nine-month peak

“Oil prices extended overnight gains with U.S. crude up 9 cents per barrel at $58.35 and Brent adding 7 cents to $67.62” writes Midwest Communications Inc for 95kqds.com. MSCI’s broadest index of Asia-Pacific shares outside Japan was barely changed at 522.38 points.Japan’s Nikkei jumped 0.6 percent while Australian and New Zealand shares each added 0.2 percent.Wednesday’s vote boosted investor optimism in equities market too, with the pan-European STOXX 600 index climbing 0.6 percent while London’s FTSE 100 added 0.1 percent as sterling extended gains. Source: 95kqds.com

Read More
News Stocks 

S&P 500 ends at 4-month high as stocks rise after strong economic data

“On the economic front, U.S. durable goods orders came in surprisingly strong, following previous reports showing a sharp slowdown in business investment” writes Markets Reporter for marketwatch.com. U.S. stocks closed higher Wednesday, with the S&P 500 posting its highest close in more than four months, as investors parsed economic data that included stronger-than-expected durable goods orders and further signs that inflation remains subdued.The S&P 500 index SPX, +0.69% added 19.40 points, or 0.7%, to end at 2,810.92, its highest close since Nov. 7. Source: marketwatch.com

Read More