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U.S. markets news

G20 seeks to enhance trade growth in face of protectionism: China
SHANGHAI In the face of a "worrying" rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister Gao Hucheng said on Sunday.
Indian Consumers To Benefit As US Wins WTO Chicken Case  Forbes
India, US will weather trade disputes: Farrell  The Hindu
Business Insider  
Payrolls Were Loud This Month, As Last
As it currently stands in the headline BLS figures, the Establishment Survey greatly rebounded to + 287k from a downward revised +11k in May.
Real Jobs Report: Tax Collections Data Suggest US Economy Barely Above Water  Newsmax
Job Gains Top Expectations  StreetInsider.com
RPT-Aetna meets with Justice Department over merger with Humana
(Repeats story for wider distribution). By Caroline Humer and Diane Bartz. NEW YORK/WASHINGTON, July 8 Aetna Inc executives met with top Justice Department antitrust officials on Friday to convince the government that asset sales it proposed would ...
Big Insurers Defend $34 Billion Merger  Wall Street Journal
RPT-Aetna consults with Justice Department over merger with Humana  Stock Transcript
S&P 500 Weekly Earnings Update: Can The S&P 500 Make An All-Time High Off Of ...
The first 6 months of 2016 have seen a powerful recovery in commodity prices, which should alleviate the substantial drag on S&P 500 earnings from the Energy and Basic Materials sectors, both sectors combined comprising roughly 10% of the S&P 500 by ...
Will S&P 500 Earnings Decline in Q2?  ValueWalk
Bank Earnings Loom Large As US Stocks Near Record  NDTV
Gap Crushes It In June, And A Note Of Caution
Gap (NYSE:GPS) has been mercilessly punished in the past year or so, as its status as a dividend stock has recently been overshadowed by some pretty horrible numbers.
Why it could take years to fix Gap's pricing problem  CNBC
Old Navy helps boost Gap key sales figure; stock soars  HeraldNet
Amazon: MKM Partners Says “Prime Flywheel” Appears to Be Gaining Hold
Amazon.com, Inc. (NASDAQ:AMZN) is set to release second quarter of fiscal 2016 (2QFY16) earnings results on July 21. In this regard, MKM Partners opined that the consensus projections are too low, especially with regard to the international growth and ...
Amazon.com Inc. (AMZN) Given Overweight Rating at Piper Jaffray Cos.  The Cerbat Gem
Amazon (AMZN) Stock: Why You should Own It  Modest Money (press release) (blog)
Ash borer continues spread in Grey-Bruce
"We are starting to see exit holes in the trees in areas we hadn't seen them before so that tells us the pest is there," Donna Lacey, forestry technician at the Saugeen Conservation Authority, said Thursday.
Fanatical Botanical: Emerald ash borer spotted in Roanoke Valley  Roanoke Times (blog)
The Emerald Ash Borer strikes again - two more states report infections  woodworkingnetwork.com
Weekly U.S. Oil Rig Count: The Summer Of Drilling
An even larger increase in the horizontal rig count than last week, with new rigs concentrated in the Permian and in shale producing regions.
US oil drillers add rigs for 5th week in six -Baker Hughes  Reuters
Oil Rig Count Up by 10 Last Week, Hedge Funds Add to Short Positions  24/7 Wall St.
Thousands still without power after storms
Some 75,000 DTE Energy customers are without power, after a fierce band of storms whipped through southeast Michigan on Friday night.
DTE: 50000 Still Without Power In Metro Detroit  CBS Local
DTE: 50000 customers still without power in Metro Detroit  MLive.com
FOREX-Dollar dips as Fed unlikely to hike this year even with US jobs
(Adds comment, updates prices). * U.S. jobs surge in June to 287,000, briefly boosts dollar. * Euro falls to 2-week low; Swiss franc slides to 5-week trough.
Dollar Traders Go Back to Data Watching to Test Rally's Strength  Bloomberg
Dollar falls as traders bet June jobs data won't push Fed to hike  MarketWatch