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  • 11/02/2017 22:05:53

    Central bankers on the move, but where's the inflation?

    LONDON (Reuters) - Now the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy policy.

  • 10/12/2017 14:09:05

    Dow ends lower, retreats from records as Goldman, UnitedHealth weigh

    U.S. stocks ended lower on Thursday, retreating from records set in the previous session as investors parsed the first of a batch of third-quarter corporate results from the banking sector. The Dow Jones Industrial Average closed more than 30 points, or 0.1%, at 22,841. Components UnitedHealth Group Inc. and Goldman Sachs Group Inc. pressured the price-weighted gauge. The S&P 500 index closed 0.2% lower at 2,550, while the Nasdaq Composite Index retreated 0.2% at 6,591. All three benchmarks closed at records in the previous session. J.P. Morgan Chase & Co. posted earnings and revenue that beat expectations, but its trading revenue was weak amid a quiet period for markets, while shares of Citigroup , which reported a higher-than-expected profit, slid 3.4%, The Financial Select Sector SPDR ETF , which gauges banks and insurers lost 0.8%. Health-care stocks were mixed after President Donald Trump signed an executive order directing federal agencies to consider expanding health-insurance coverage in low-cost plans that aren't subject to Affordable Care Act rules. The announcement appeared to weigh on UnitedHealth. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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    First Commonwealth Financial CorporationFCF | First Horizon National CorporationFHN | First Horizon National CorporationFHN^A | First Industrial Realty TrustFR | First Majestic Silver Corp.AG | First Marblehead Corporation (The)FMD | First Niagara Financial Group Inc.FNFG^B | First Potomac Realty TrustFPO | First Potomac Realty TrustFPO^A | FIRST REPUBLIC BANKFRC |