Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Wall Street gets Fed reality check
Wall Street gets Fed reality check - 01:51
Reuters Today: Spanish yields seen rising at auction
Reuters Today: Spanish yields seen rising at auction - 06:21
Surprise services boost points to UK recovery
Surprise services boost points to UK recovery - 02:54
Breakingviews: Do as I say, not as I do – German wages
Breakingviews: Do as I say, not as I do – German wages - 05:04
Market Pulse: Spain under fire as investors shun bond sale
Market Pulse: Spain under fire as investors shun bond sale - 03:28
Myanmar's Kyat begins managed float
Myanmar's Kyat begins managed float - 01:59
ASEAN: territorial code of conduct draft by year-end
ASEAN: territorial code of conduct draft by year-end - 01:48
U.S. Morning Call: Stock futures down, JPMorgan to be fined
U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08
EMEA Day Ahead:: Thursday
EMEA Day Ahead:: Thursday - 03:13
3XSQ: Customer funds in question; royal return
3XSQ: Customer funds in question; royal return - 05:44
Still cashing in? Hirst retrospective
Still cashing in? Hirst retrospective - 02:32
World's biggest car delivery center
World's biggest car delivery center - 02:41

U.S. stocks snap 5-day losing streak

Thursday, June 16, 2016 - 01:13

Stocks bounced back in the afternoon to eke out modest gains as Britain suspended campaigning on the vote on EU membership. Fred Katayama reports.

▲ Hide Transcript

▶ View Transcript

U.S. stocks snapped a five-session losing streak as Britain suspended campaigning on next week's vote on EU membership. Jeff Layman of BKD Wealth Advisors: SOUNDBITE: JEFF LAYMAN, CHIEF INVESTMENT OFFICER, BKD WEALTH ADVISORS, (ENGLISH) SAYING: "We've had a pretty long string of down days so could be rebounding form that. Stocks have been very resilient here in the U.S. despite all these extraneous concerns." Consumer prices rose at a slower pace in May. The current account deficit widened to a more than seven-year high in the first quarter. And the number of Americans filing for jobless benefits rose last week. Viacom shares shot higher. Reuters has learned that controlling shareholder Sumner Redstone ousted CEO Philippe Dauman and four other directors. Visa is speeding up the process for testing and certifying merchants used by its merchants so they can accept chip cards. Macy's averted a strike. The department store operator reached a tentative deal with the union representing its workers in the greater New York area. In Europe, concerns over next week's British vote on European Union membership dragged stocks lower.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

U.S. stocks snap 5-day losing streak

Thursday, June 16, 2016 - 01:13