Stock futures hold recent gains as Fed statement looms
NEW YORK (Reuters) - Stock futures were up modestly Wednesday, holding on to gains over the last two days ahead of a highly anticipated Federal Reserve statement and news conference. Full story
NEW YORK (Reuters) - Stock futures were up modestly Wednesday, holding on to gains over the last two days ahead of a highly anticipated Federal Reserve statement and news conference. Full story
The price of oil rose to near $99 a barrel on Wednesday, driven by a report of falling U.S. stockpiles of crude and ahead of the conclusion of a meeting of the Federal Reserve. Full story
TOKYO (Reuters) - Japan's Nikkei average hit a one-week high on Wednesday, with traders citing the launch of a near $780 million investment trust as a driving factor, while SoftBank Corp rose as it looked likely to win the battle for Sprint Nextel. Full story
CHICAGO (Reuters) - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's healthcare reform. Full story
TOKYO (Reuters) - Japan's exports rose in May at the fastest annual rate in more than two years with the help of a weak yen and a moderate pick-up in global demand, boding well for the government's efforts to steer the economy through market turbulence. Full story
(Reuters) - Trading firms RGM Advisors LLC and Allston Trading LLC are in early merger discussions to combine their automated trading on stock and futures markets, the Wall Street Journal said on Tuesday, quoting people familiar with the matter. Full story
CNBC's Seema Mody is tracking the action at the Nasdaq as tech stocks rise.
The Japanese stock market dropped 6.4 percent overnight, and U.S. stocks are in major rally mode. Dan Greenhaus, BTIG, and Alan Valdes, DME Securities, offer insight.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as upbeat economic reports from the U.S. sent stocks higher.
May brought 175,000 new jobs, which was what analysts expected. But many of those jobs were either low paying or part-time rather than full-time positions, indicating there’s still a long way to go before Americans are truly back on their feet. CNBC’s Kelly Evans reports.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as stocks got a boost from U.S. jobs report.
NEW YORK, NY - MAY 06: Traders work on the floor of the New York Stock Exchange on May 6, 2013 in New York City. Following a week where the Dow Jones industrial average closed at record highs, U.S. stocks were down slightly after the opening bell.
Models gather at a trading post on the floor of the New York Stock Exchange for the IPO of Coty Inc., June 13, 2013. Shares of perfume and beauty products seller Coty Inc. fell in their market debut on Thursday, taking the gloss off the third-largest U.S. IPO this year. REUTERS/Brendan McDermid (UNI
An employee at a foreign exchange trading company works behind a monitor showing the Japanese yen's exchange rate against the U.S. dollar and Nikkei stock average in Tokyo June 13, 2013. Japanese stocks plunged over 6 percent to bear market territory and Asian shares slid to nine-month lows on Thur