Dow, S&P 500 end higher as Fed keeps rates steady
NEW YORK (Reuters) – The Dow and S&P 500 ended modestly higher on Wednesday after the U.S. Federal Reserve kept interest rates unchanged and gave encouraging comments about the economy.
Fed keeps rates unchanged, remains on road to December rate hike
WASHINGTON (Reuters) – The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while playing down the impact of recent hurricanes, a sign it is on track to lift borrowing…
Wall St. keeps modest gains as Fed stands pat on rates
(Reuters) – Wall Street held onto modest gains on Wednesday after the Federal Reserve kept interest rates unchanged, as major equity indexes hovered around record-high levels.
Trucks, SUVs drive U.S. October new vehicle sales
DETROIT (Reuters) – Major automakers posted mixed U.S. new vehicle sales in October on Wednesday, though America’s love affair with high-margin pickup trucks and SUVs remained in full bloom as larger, pricier vehicles fared better than passenger cars.
Fed leaves rates unchanged; ‘solid’ growth keeps December hike in view
WASHINGTON (Reuters) – The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while playing down the impact of recent hurricanes, a sign it is on track to lift borrowing…
Lockheed F-35 deliveries were halted for 30 days: Pentagon
WASHINGTON (Reuters) – The Pentagon halted shipments of Lockheed Martin Corp’s F-35 fighter jets for 30 days this fall after it discovered corrosion around fasteners and a fix was devised, the Pentagon and Lockheed said on Wednesday.
OPEC likely to keep oil supply curbs for whole of 2018: sources
DUBAI (Reuters) – OPEC is likely to stay the course by keeping its current curb on oil production in place for the whole of 2018 despite potential output disruptions next year, Gulf OPEC sources said.
Siemens Gamesa needs more wind in its sails as Vestas stretches U.S. lead
FRANKFURT/MADRID (Reuters) – Siemens Gamesa has fallen behind biggest rival Vestas in the race for orders in the United States, hurt by a perceived lack of technology investment and a less centralized supply chain in the world’s second-biggest wind t…
S&P, Dow higher as oil prices rise; Apple weighs on Nasdaq
(Reuters) – The S&P and the Dow were higher on Wednesday, as energy stocks gained from a jump in oil prices and strong private jobs data pointed to the strength in the labor market, while Apple’s 1 percent drop limited gains on the Nasdaq.
Exclusive: Shareholder in Brazil’s Oi leans on distressed debt funds for support
SAO PAULO (Reuters) – An influential shareholder in Brazil’s Oi SA is working with U.S. and UK distressed debt hedge funds to maintain his central role at the telecoms provider as it struggles to emerge from bankruptcy protection, four sources said.
