Business
Fed seen keeping options open on pace of bond buying
WASHINGTON - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve.
- Asian markets tense before Fed; Nikkei outperforms
- Dish abandons Sprint bid for now to focus on Clearwire
- Asia business sentiment rises in second quarter, global growth risk still dominates
|
- Vodafone raises Kabel Deutschland offer after rival bid: report
- Mexican oil producer Pemex evacuates headquarters after bomb threat
Recent Business News
Empire State Building gets 'left-field' $2 billion offer to sell
NEW YORK - A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and about three weeks after investors in the iconic building approved a plan to take the tower public in a real-estate investment trust.
Adobe expects third-quarter Creative Cloud subscriber adds to exceed second-quarter
- Adobe Systems Inc, known for its Photoshop and Acrobat software, reported a higher-than-expected adjusted second-quarter profit and said demand rose for Creative Cloud, the subscription-based version of its flagship software package.
Kodak prepares $406 million offering as it eyes bankruptcy exit
- Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.
Wall St. extends rise, investors see no change in Fed policy
NEW YORK - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. | Video
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 15,318.23 |  +138.38 |
+0.91% |
| S&P 500 | 1,651.81 | +12.77 |
+0.78% |
| NASDAQ | 3,482.18 | +30.05 |
+0.87% |
| TR US Index | 149.80 | +1.17 |
+0.79% |
-3.11Sector Summary
| Energy | +0.37% |
| Basic Materials | +0.52% |
| Industrials | +1.08% |
| Cyclical Goods & Services | +0.94% |
| Non-Cyclical Goods & Services | +0.35% |
| Financials | +0.67% |
| Healthcare | +0.69% |
| Technology | +0.73% |
| Telecoms | +1.15% |
| Utilities | +0.43% |
Trending Tickers
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
