The US stocks closed higher on Tuesday as investors begin to heavily buy shares as commodities producers slowly beginning to balance their output helping its price to rebound.
Tags: US Stocks
Stock Markets Brace for Impact of Fed's Decision as Investors Worry About Rate Changes
US stock markets started quietly on Monday as investors awaited the Federal Reserve's rate decision on September 17-18, with expectations for a rate cut influencing market movements.
European Shares Gain While Dollar Weaken as Fed Signals Rate Cuts Ahead
European and US share prices rose on August 22 following Federal Reserve signals of potential interest rate cuts, while the dollar remained weak and oil prices stabilized after a recent decline.
Energy And Utilities Comes Short Being Wednesday Laggards
With a 2.1% loss, the shares of Energy companies are underperforming other sectors as of midday of Wednesday. Showing a 5.4% and 5.2% of loss, the Pioneer Natural Resources Co (Symbol: PXD) and ONEOK Inc. (Symbol: OKE), respectively, are among the large stocks which are lagging.
US Stocks Turn Lower As Defensive Sectors Goes Trade Trend
After a period of shifting between minor gains and losses, the U.S. stocks were lower on Thursday, as a leap in bond revenues urged a selloff in defensive sectors including real estate and utilities while investors circled in mixed earning results and deal news amongst NXP Semiconductors and Qualcomm.
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US Stocks went up across sectors Monday largely due to the increases in the energy sector and the growing acquisition activities in healthcare. Reuters reported that the increases on the first trading day of November happened right after the impressive October figure, which is the best monthly performance of the major indexes in the last four years.
The US stocks were beaten down adversely during the third quarter ended September as Wall Street recorded bleak performance in any quarter ever since 2011. Barring limited bargain buying, there was no much buying support in the market.
The US stocks turn attractive on lower PE ratios. The latest market crash might have eroded $2.1 trillion value in the market capitalization in the US stock markets, but equities are no more overpriced as price-to-earnings (PE) ratios turn attractive. According to ConvergEx, after the recent 10 percent drop in the US markets, no one can say that American stocks are expensive.
US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.
The US Stocks were able to end up with little changes on Monday after the country's credit outlook was revised from negative to stable.
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