Michael James

Michael James News

  • U.S. Stocks Rise as Tech Shares Rebound Amid Earnings

    Updated 39 minutes ago

    U.S. stocks rose a second day, after equities posted the worst week since 2012, as earnings from Coca-Cola Co. and Johnson & Johnson overwhelmed concerns that tensions in Ukraine are worsening.

  • U.S. Stocks Rebound as Treasuries Climb, Commodities Slip

    Updated 1 hour, 28 minutes ago

    U.S. stocks climbed for a second day as optimism grew over corporate earnings and the Nasdaq Composite Index rebounded after falling near its average level for the past 200 days. Treasuries rose amid increasing tensions in Ukraine, while emerging markets slumped on signs China’s economy is slowing.

  • S&P 500 Climbs With Dollar While Treasuries Drop on Data

    The Standard & Poor’s 500 Index extended its all-time high and Treasuries fell as a report showed U.S. companies added to payrolls last month. The dollar strengthened with copper and gold.

  • U.S. Stocks Rise as S&P 500 Extends Record Amid Jobs Data

    U.S. stocks rose a fourth day, with the Standard & Poor’s 500 Index extending a record, as data showing companies added to payrolls last month fueled optimism on growth in the economy.

  • U.S. Stocks Retreat, Treasuries Climb on Ukraine, China

    The Standard & Poor’s 500 Index fell, erasing its gain for the year, while Treasuries and the yen advanced as tension persisted in Ukraine. Copper declined as data from China missed estimates and gold reversed losses.

  • S&P 500 Little Changed After Gauge Fails to Hold Record

    U.S. stocks were little changed, after the Standard & Poor’s 500 Index erased earlier gains and failed to hold above its record closing level for a third straight day.

  • Traders Eye 45-Minute Window After Good Friday Report

    While stock markets around the world are closed for Good Friday, the U.S. Labor Department will publish its monthly employment report today at 8:30 a.m. New York time. That means another early morning for Wedbush Securities Inc.’s Michael James in Los Angeles.

  • U.S. Stocks Advance as S&P 500 Extends Best First-Quarter Rally Since 1998

    U.S. stocks rose, extending the biggest first-quarter rally in 13 years for the Standard & Poor’s 500 Index, as a report showing companies added more workers in March bolstered optimism about the economy.

  • Dollar, U.S. Stocks Rise as Treasuries, Commodities Drop

    The dollar rose for a sixth day while Treasuries slid as faster-than-forecast growth in manufacturing fueled speculation the Federal Reserve will taper bond purchases. U.S. stocks climbed after a two-day drop while the S&P GSCI Index of commodities sank to a four-month low.

  • Losses Erased for S&P 500 as Fed, Economy Spur Recovery

    U.S. equities recouped $1 trillion of share value that was erased in the last seven weeks, as Federal Reserve Chairman Ben S. Bernanke pledged to preserve stimulus and stocks rallied on signs of economic expansion.

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