Financial Market News
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8 min ago | Iol.co.za
US stocks were little changed Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors shrugged off bleak earnings forecasts from some retailers like Lowe's and Target.
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4 hrs ago | Carlsbad Current-Argus
U.S. stocks were little changed in Wednesday morning trading as investors waited for minutes from the Federal Reserve's latest policy meeting.
8 hrs ago | Greenwich Citizen
Traders James Doherty, left, and Thomas Ferrigno work on the floor of the New York Stock Exchange Tuesday, Aug. 19, 2014.
Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen.
Marie Galvin, owner of GALVIN-ized, places a hat on the head of a customer in Boston on Aug. 10, 2014.
Headline inflation, as measured by the Labor Department's Consumer Price Index, rose by 0.1 percent in July and 2 percent year-over-year from July 2013.
Encouraging economic news helped push the stock market higher on Tuesday. Home construction rebounded in July, while inflation remained muted.
The Dow Jones industrial average rose 41 points, or 0.3 percent, to 16,882 as of 9:36 a.m. Eastern time Tuesday.
KEEPING SCORE: In midday trading, Germany's DAX was up 0.9 percent to 9,325.74 and France's CAC-40 rose 0.4 percent to 4,246.70.
Worries about the crises in Ukraine and Iraq continue to fade, and CNNMoney's Fear & Greed index is showing investors are much less fearful than last week.
U.S. stocks surged on Monday, with the Nasdaq closing at a 14-year high as increasing homebuilder confidence and hopes for receding tensions in Russia gave investors reasons to make bigger bets on the equity market.
A man is reflected on an electronic stock quotation board outside a brokerage in Tokyo in this file photo.
Five years of profit growth exceeding 17 percent is poised to slow in the Standard & Poor's 500 Index, reducing returns as the bull market ages, according to Leuthold Group LLC and Barclays Plc.
The payout on the benchmark 10-year bonds fell below 1.97 percent Monday following last weekend's one-notch upgrade by Fitch.
The Dow Jones industrial average rose 94 points, or 0.6 percent, to 16,757 as of 9:34 a.m. Eastern time Monday.
The Toronto stock market looked set to advance Monday amid a further lessening of tensions in the Ukraine/Russian crisis, while traders looked ahead to a heavy slate of economic events this week.
The German foreign ministry reported "some progress" in talks Sunday with Russia and Ukraine.
Updated: Wed Aug 20, 2014 02:25 pm
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