Business
Wall Street finds comfort in China trade data
Wall Street was higher on Wednesday, in tandem with a recovery in crude oil prices as positive Chinese trade data allayed fears about the health of the world's second-biggest economy.
Recent Business News
Hopes rise for Volkswagen diesel deal despite CEO faux pas
FRANKFURT Volkswagen shares rose ahead of a crucial meeting on Wednesday at which its chief executive will try to persuade U.S. authorities to accept a fix for hundreds of thousands of cars rigged to cheat diesel emissions tests.
China holds line on yuan, stocks weaken again
SHANGHAI China's central bank held the line on its yuan for a fourth straight session on Wednesday while putting the squeeze on offshore sellers of the currency, calming fears of a sustained depreciation - at least for now.
Uber receives nearly $2 billion investment from Chinese firms
HONG KONG/BEIJING Uber Technologies Inc said on Wednesday it has received almost $2 billion in funding from Chinese investors, some as part of a recent fundraising round that valued the U.S. firm's Chinese unit at $7 billion.
GE says plans to cut 6,500 jobs in Europe in next two years
PARIS General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France and 1,300 in Switzerland, the company said on Wednesday.
Ford sets a special $1 billion dividend, but profit outlook disappoints
Ford Motor Co on Tuesday declared a $1 billion supplemental cash dividend, but its outlook for 2016 profit failed to exceed Wall Street's estimates, sending its stock down in after-hours trading.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 16,481.23 |
-34.99 |
-0.21% |
| S&P 500 | 1,935.99 |
-2.69 |
-0.14% |
| NASDAQ | 4,666.04 |
-19.88 |
-0.42% |
| TR US Index | 171.54 |
-0.01 |
-0.01% |
Sector Summary
| Energy |
+0.53%
|
| Basic Materials |
+0.84%
|
| Industrials |
+0.61%
|
| Cyclical Goods & Services |
+0.18%
|
| Non-Cyclical Goods & Services |
+0.26%
|
| Financials |
+0.31%
|
| Healthcare |
+0.20%
|
| Technology |
+0.36%
|
| Telecoms |
+0.61%
|
| Utilities |
+0.62%
|
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