Financial Market News

Asian shares stumbled to a 2-1/2 month low on Thursday on heightened expectations the Federal Reserve may act sooner than later to unwind its stimulus after a provisional budget deal in Washington eased some of the fiscal drag on the US economy.

Every year Singaporeans and Malaysians choke on smoke when farmers and plantation firms in neighboring Indonesia clear the land with fires during the dry season.

Financial markets were sluggish Wednesday as an apparent budget deal in the U.S. Congress failed to divert attention from investors' primary focus - whether the Federal Reserve will reduce its stimulus next week.

Cajoled by developed world governments and shocked by disasters such as the Bangladesh factory collapse, investors in emerging market companies are looking more closely at environmental, social or governance issues before they buy.

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Stocks edged lower in morning trading Wednesday as investors weighed a budget deal out of Washington and the outlook for economic stimulus from the Federal Reserve.

The S&P/TSX composite index gained 27.97 points to 13,340.75 as commodity prices rose amid positive Chinese economic data.

Twitter shares hit a new high Tuesday, leading the way on a day of big gains for Internet stocks, as the microblogging service climbed to roughly twice the price the company set for its initial public offering last month.

TAKING A BREAK: Stocks fell modestly Tuesday as investors stepped back a day after the market notched its latest record high close.

Banking regulators on Tuesday unveiled a central element of the sweeping 2010 reform law Congress passed in response to the financial crisis.

The Federal Reserve and the Federal Deposit Insurance Corp. each unanimously voted to adopt the so-called Volcker Rule, taking a major step toward preventing extreme risk-taking on Wall Street that helped trigger the 2008 financial crisis.

It takes a long time to recover from a bad hangover, especially when you party like it's 1999.

Stocks fell Tuesday morning as investors hit the pause button a day after the S&P 500 closed at yet another record high.

In early European trading, Britain's FTSE 100 was nearly flat at 6,562.83. France's CAC 40 was down 0.1 percent at 4,131.75.

United States stocks edged higher on Monday, with the S&P 500 closing at a record high, as traders awaited more clues from the Federal Reserve on whether the US central bank would soon begin winding down its economic stimulus.

The Toronto stock market moved higher Monday as investors bought up battered gold and financial stocks that slipped last week in the wake of earnings reports from the big banks.

The nation's wealth rose 2.6 percent from July through September to $77.3 trillion, the Federal Reserve said Monday.

Stocks rose again Monday, as the market continued to cheer Friday's better-than-expected jobs report as well as some notable mergers.

Food distributor Sysco jumped $7.79, or 23 percent, to $41.15 after it announced an agreement to buy rival US Foods in an $8.2 billion acquisition.

An oil pump works at sunset March 7, 2013, in the desert oil fields of Sakhir, Bahrain.