Business
Asia share gains unravel on China worries, dollar skids after jobs data
TOKYO - Asian stock markets surrendered early gains on Wednesday on fears of tighter policy in China, while the dollar dropped after tepid U.S. jobs data vanquished expectations that the Federal Reserve will taper its stimulus before next year. | Video
Recent Business News
U.S. SEC to release long-awaited 'crowdfunding' rule
WASHINGTON - Entrepreneurs and start-up companies looking for backing will be able to solicit small investments over the Internet from the general public under a new proposal to be released by U.S. regulators on Wednesday.
India's Wipro profit beats forecast, but not enough for investors
BANGALORE - Indian IT services exporter Wipro Ltd posted quarterly profit which beat analyst estimates, but that was not enough for investors who sold off its stock on stronger earnings reports from rivals.
Australia inflation surprise highlights rising price pressures in Asia
SYDNEY/SINGAPORE - Inflation in Australia quickened in the September quarter, the latest in the Asia Pacific region to show a pick-up in price pressures that could limit the scope for policymakers to inject more stimulus if needed.
Heineken cuts profit outlook after eastern Europe tumble
BRUSSELS - Heineken , the world's third largest brewer, reduced its full-year profit guidance on Wednesday after beer sales in eastern European dropped sharply and slipped in Brazil and in large African markets.
Markets
- U.S.
- Europe
- Asia
- Sectors
DOW | 15,467.66 | +75.46 | +0.49% |
S&P; 500 | 1,754.67 | +10.01 | +0.57% |
NASDAQ | 3,929.57 | +9.52 | +0.24% |
TR US Index | 160.48 | +0.86 | +0.54% |
Sector Summary
Energy | -0.27% |
Basic Materials | -0.52% |
Industrials | -0.25% |
Cyclical Goods & Services | +0.05% |
Non-Cyclical Goods & Services | -0.13% |
Financials | -0.44% |
Healthcare | -0.16% |
Technology | -0.11% |
Telecoms | -0.64% |
Utilities | -0.25% |