Business
Futures imply slightly higher open in wake of selloff
NEW YORK - U.S. stock index futures pointed to a slightly higher open on Wednesday, implying a modest rebound from a sharp decline in the previous session, though questions remain about when the Federal Reserve would adjust its rate policies.
Recent Business News
Investors see higher yields as U.S. jobs data resets Fed calculus
NEW YORK - Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Making the first hike in about nine years would be almost symbolic, as if the central bank was showing it still knew how.
Credit Suisse new boss could ax 2,900 investment bank jobs: analyst
LONDON - Credit Suisse's new boss Tidjane Thiam could cut almost 3,000 jobs from its investment bank, or 15 percent of staff, as part of a shift of capital away from trading desks to private banking in Asia, analysts said.
Brent oil hits one-month low below $56 on dollar rally
LONDON - Brent crude oil slipped to a one-month low below $56 a barrel on Wednesday before steadying as a rally in the U.S. dollar and global oversupply weighed.
Hyundai Motor plans to boost U.S. capacity as SUV sales rise: sources
DETROIT/SEOUL - Hyundai Motor Co plans to expand its U.S. factory, three people familiar with the matter said, hoping to ramp up production of sport utility vehicles (SUVs) as lower oil prices boost demand for gas-guzzling trucks.
France's nuclear love affair too strong to let Areva fail
PARIS - The future of France's nuclear industry has never looked bleaker, with a government pledging to wean the country off atomic power, cut-throat rivalry in world export markets and the debt of flagship nuclear group Areva in junk territory.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 17,662.94 | -- | --% |
| S&P 500 | 2,044.16 | -- | --% |
| NASDAQ | 4,859.79 | -- | --% |
| TR US Index | 185.37 | -- | --% |
Sector Summary
| Energy |
-0.09%
|
| Basic Materials |
+0.08%
|
| Industrials |
+0.11%
|
| Cyclical Goods & Services |
-0.05%
|
| Non-Cyclical Goods & Services |
+0.02%
|
| Financials |
+0.20%
|
| Healthcare |
+0.01%
|
| Technology |
+0.28%
|
| Telecoms |
+0.12%
|
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