Stocks Slip With Crude Oil

Stocks Slip With Crude OilGold Silver Reports ~ Stocks extended last week’s global rout, oil dropped and the South African rand led a slump in emerging-market currencies as China’s efforts to stabilize the yuan failed to halt losses in equities.

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Lenovo kills Motorola

#CES2016 Lenovo kills Motorola; It will now be Moto by Lenovo https://t.co/Keq5YlqVnp, says @ShrutiDhaps pic.twitter.com/WjP8PYG8jL — Express Technology (@expresstechie) January 8, 2016

Wall Street Entered The 2nd day of Trading of 2016

Gold Silver Reports >>> Wall Street entered the second day of trading of 2016 on the defensive as investors still reeled from a global stock sell-off Monday and evaluated the most recent steps taken by Chinese authorities to stabilize markets and reduce jitters.

Overnight, shares in mainland China stabilized with the help once again from government intervention in markets a day after a 7% plunge prompted an early halt to trading in what was the worst start to the year ever for China stocks.

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Will Equities See Muted Gains In 2016?

Gold Silver Reports – The year 2016 is likely to see a slow start, similar to what was witnessed in the last couple of years, due to some additional slowdown in manufacturing, said Mark Vitner, senior economist at Wells Fargo Securities.

The forward looking data on manufacturing is still pointing to additional deceleration – new orders data looks horrible, while the US economy failed to record any growth in industrial production in 2015. A lot of people try to minimize the troubles in the factory-sector arguing manufacturing is a small part of the economy, but it still accounts for the bulk of the swing in GDP from quarter-to-quarter.

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Crude Oil Zoom With Energy Stocks

gsr_2541_crude_energy-672x372Gold Silver Reports – Crude oil surged after Saudi Arabia cut diplomatic ties with Iran amid escalating tension between the regional powers, buoying energy shares. Japanese equities slid as the yen held near the highest in more than two months, while U.S. equity-index futures advanced.

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Nifty Ends Near 2 Month High

gsr-share-market-neal-bhai-reportsGold Silver Reports – The Nifty staged a late rebound on Friday to end at its highest level in nearly two months after public sector banking shares led financials higher, while gains in stocks such as Tata Motors (TAMO.NS) also provided some support.

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2015 Ends With An Ugly Close

Gold Silver Reports – U.S. stocks closed out the final trading day of 2015 with both the Dow and S&P 500 suffering their first year of negative returns since 2008 when the financial crisis was in full swing. Both benchmarks were on the verge of a positive year at the …

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