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Big Drop in U.S. Oil Stocks Finally on the Way, Traders Say

By Catherine Ngai and Devika Krishna Kumar NEW YORK, May 25 (Reuters) – Oil traders and analysts are expecting large volumes of crude to draw from storage tanks across the United States in coming weeks, in what would be the most tangible sign of an inventory overhang reduction that has punished prices over the last […] The post Big Drop in U.S. Show More Summary

Global Markets Mostly Higher After Mildly Dovish FOMC Minutes

(Kitco News) - World stock markets were mostly firmer overnight. U.S. stock indexes are pointed toward higher openings when the New York day session begins. Major U.S. stock indexes are at record highs. The post Global Markets Mostly Higher After Mildly Dovish FOMC Minutes was originally published at The Wall Street Examiner. Follow the money!

S&P 500 hits record high close following Fed minutes

NEW YORK, May 24 (Reuters) - U.S. stocks ended up slightly on Wednesday, with the S&P 500 hitting a record high close, after minutes of the Federal Reserve's latest meeting showed policymakers view a rate hike coming soon. Read more... Permalink | Email this | Linking Blogs | Comments

Global Markets Show Little Reaction To Moody’s Surprise China Sovereign Debt Downgrade

(Kitco News) - World stock markets were narrowly mixed in overnight trading. U.S. stock indexes are pointed toward near-steady openings when the New York day session begins. The post Global Markets Show Little Reaction To Moody’s Surprise China Sovereign Debt Downgrade was originally published at The Wall Street Examiner. Follow the money!

Moment of silence at NYSE for Manchester victims

Traders at the New York Stock Exchange observed a moment of silence before the market open in honor of the victims of the Manchester, England bombing. (May 23)        

Global Markets Show Muted Reaction To U.K. Terror Attack

(Kitco News) - World stock markets were mixed in overnight trading, with Asian shares mostly weaker and European stocks mostly firmer. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins. Show More Summary

10 Tuesday AM Reads

My two for Tuesday morning train reads: • America Is Great. Home Country Bias Ain’t. (GMO) see also In the Stock Market, International Is Actually First (New York Times) • 10 Insights from the Berkshire Hathaway Weekend (Behavioral Value...Show More Summary

Global Markets Near Steady; Big Data Week Lies Ahead

(Kitco News) - World stock markets were steady to narrowly mixed in overnight trading. U.S. stock indexes are pointed toward near-steady openings when the New York day session begins. Major focal points of market watchers this week are: The post Global Markets Near Steady; Big Data Week Lies Ahead was originally published at The Wall Street Examiner. Follow the money!

The New York Stock Exchange is slowing down trading for a key market

The New York Stock Exchange has won approval for plans to introduce a 350-microsecond delay in trading on its market for small-cap companies. The delay will apply to NYSE American, the market previously known at NYSE MKT, and will be...Show More Summary

There's an exclusive, invite-only restaurant inside the New York Stock Exchange where only listed companies and employees can eat

Upstairs at the New York Stock Exchange, above the hustle and bustle of the famous trading floor, sits a restaurant called 1792. To be granted permission to dine at 1792, you must be an employee of the NYSE, an invited client, or part of a listed company. Show More Summary

Silver Wheaton’s Name Change Reflects Opportunities In Both Gold And Silver

Silver Wheaton began trading under its new name, Wheaton Precious Metals, on the New York Stock Exchange earlier this week. The new name reflects the transformation of Silver Wheaton from a largely silver-focused streaming company to a more diversified company

NYSE celebrates its 225th anniversary

On May 17, 1792, twenty-four brokers met under a buttonwood tree on Wall Street and helped found the New York Stock Exchange.

Pandora stock is soaring following a report that SiriusXM is in talks to buy it (P)

Pandora stock is soaring on a New York Post report that satellite-radio powerhouse SiriusXM is in "active discussions" to buy the internet-radio pioneer. The stock is up ~7.5% in trading this morning. Pandora has endured on-an-off M&A...Show More Summary

There are 2 powerful forces competing for supremacy in the stock market

US stocks on Wednesday had their most acute sell-off since President Donald Trump took office. At issue were compounding reports that shifted lawmakers' focus away from Trump's economic agenda. The New York Times reported on TuesdayShow More Summary

GM’s Millennial Ride-Sharing Platform Expands In New York

The Zipcar competitor is slowly building out a ride-sharing platform that GM hopes will prepare it for a driverless future. On Monday in front of the New York stock exchange, Julia Steyn, head of General Motors’ urban mobility project, announced the company’s app-enabled car-sharing product, Maven, will now be more broadly available in New York City. Read Full Story

Here's what a typical day is like at the New York Stock Exchange, which turns 225 years old this week

There are few places as important to American business as the New York Stock Exchange. The exchange is celebrating its 225th anniversary this week, and a multimillion-dollar renovation completed in February pays homage to its past in every conference room. Show More Summary

Oil Prices Rally On Reports Of OPEC-Russia Production-Cut Extension

(Kitco News) - World stock markets were mixed overnight. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins. The post Oil Prices Rally On Reports Of OPEC-Russia Production-Cut Extension was originally published at The Wall Street Examiner. Follow the money!

Visiting the white house can boost your stock price

New York - New research shows that visiting the White House during he Obama years yielded a payoff in the stock price of the visitor's company. Will the same be true of the Trump years? We may never know, because President Donald Trump...Show More Summary

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