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US stocks end higher ahead of Fed meeting results

NEW YORK (AP) ? The stock market is closing broadly higher as investors await the results of a key meeting by the Federal Reserve.

S&P 500 powers on in a market without big pullback

A screen displays the S&P 500 after passing the 2000 mark just after the opening bell over the floor of the New York Stock ExchangeBy Rodrigo Campos NEW YORK (Reuters) - For all of those waiting for a correction in U.S. stocks, here's the news: you may have already missed it. It is true that the broad S&P 500 has not gone through a by-the-book 10 percent decline since October of 2011. But seven of the 10 S&P 500 industry groups, the Nasdaq Composite and the small-cap Russell 2000 have all fallen more than 10 percent at some point since, many more than once. ...


Dow hits record on shifting views over Fed's next move

Traders work on the floor of the New York Stock ExchangeBy Rodrigo Campos NEW YORK (Reuters) - U.S. stocks rose on Tuesday with the Dow Industrials hitting a record intraday high as markets reacted to wavering expectations over the language the Federal Reserve will use Wednesday to describe its next policy move. Major indexes rallied into the afternoon with participants citing an article in the Wall Street Journal as indicating the Fed could be less hawkish than markets have been expecting. The talk was that the Fed's statement "will stay intact or along those lines. ...


Stocks flat ahead of Fed meeting, oil rises

Pedestrians standing in front of an electronic board showing the various stock prices outside a brokerage are reflected in a polished stone surface, in TokyoBy Ryan Vlastelica NEW YORK (Reuters) - Stock markets around the world were little changed on Tuesday as investors refrained from placing big bets ahead of a Federal Reserve meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates. Speculation that the Federal Reserve could raise interest rates sooner and faster than previously predicted has supported the U.S. dollar and pressured equities of late, though U.S. indexes remain near record levels. Wall Street stocks rose modestly on the day, while an index of European shares fell 0. ...


Funding risks remain for several euro zone banks - S&P

A woman makes her way past the logo of Alpha Bank in AthensLONDON (Reuters) - Some euro zone banks have insufficient liquidity and several will continue to require support from the European Central Bank after long-term funding help runs out at the start of next year, credit ratings agency S&P said. S&P said refinancing risks were lessening for Europe's banks as they improve their liquidity in the wake of the financial crisis, but they remains a considerable risk for some. ...


Alibaba 101: The biggest IPO of all time

Alibaba's logo is seen at its headquarters on the outskirts of HangzhouThere are a lot of reasons Wall Street is abuzz about this company, but here's what you need to know.


Aluminium Bahrain may look into additional listing in Saudi

DUBAI, Sept 16 (Reuters) - Aluminium Bahrain (Alba) may look into an additional listing of its shares in Saudi Arabia, in what would be the latest blow to Bahrain's stock market which has suffered from low trading volumes since the financial crisis. Such a move would also emphasise the draw of Saudi Arabia's bourse, which is by far the largest in the Gulf Arab region and is in the spotlight ahead of opening up to foreign investors for the first time in 2015. Alba said in a bourse filing it might conduct a review into an additional listing in Saudi Arabia, but that no decision had been taken. ...

Wall Street to open lower, eyes on Fed meeting

Traders work on the floor of the New York Stock Exchange (NYSE)By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks were set to open lower on Tuesday with traders positioning for a Federal Reserve meeting expected to provide clues on the short term direction of U.S. interest rates. Futures held on to slight losses after data showed U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Fed in no hurry to raise rates. Later on Tuesday, the Fed will begin a two-day policy meeting. A statement and forecasts will be released Wednesday at 2:00 p.m. EDT followed by a press conference half an hour later. ...


 
 
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