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Last update: Wed, 31 Aug 2016 01am

Americas

Markets - Equity - Americas

Stocks pare losses, dollar falls after balanced Fed minutes NEW YORK: Wall Street stocks turned positive and the dollar turned negative on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers may be on the road to raising US interest rates but will need to see more economic data before pulling the trigger.The US central bank left benchmark short-term rates unchanged at its last meeting in July but said near-term risks to the economy had diminished, leaving the door open for a possible rate hike this year. The minutes from that meeting were released Wednesday and while they showed the Fed could be leaning towards raising rates they did not suggest it was in any hurry to do so, analysts said. "It's broadly consistent with the message we got with the (July) statement, which is that, by acknowledging that near-term risks have diminished, it was an ever-so-slight and incremental step towards signaling a rate hike at some ...

Markets - Equity - Americas

Wall Street opens lower as Fed minutes awaited NEW YORK: Wall Street stocks opened lower on Wednesday as retailer Target sank nearly 6 percent on disappointing sales reported in its quarterly results. Markets were anticipating the release of minutes later on Wednesday from the US Federal Reserve, which may reveal policymakers' views on the near-term outlook for interest rates.Ten minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 18,512.30. The much broader S&P 500 was also down 0.2 percent ...

Markets - Equity - Americas

TSX falls as energy, mining stocks weigh with commodities TORONTO: Canada's main stock index fell to its lowest in more than a week on Wednesday as energy stocks pulled back with cheaper oil, and gold miners and other materials stocks also weighed ahead of the release of minutes from the last Federal Reserve meeting.The energy group retreated 0.9 percent as oil fell for the first time in a week, with investors weighing up how successful potential talks among producers to rein in ballooning oversupply ...

Markets - Equity - Americas

Stocks fall as investors take profits ahead of Fed minutes NEW YORK: Stocks around the globe turned lower on Wednesday as investors sold equities ahead of the release of minutes from the Federal Reserve's July meeting a day after two Fed officials said U.S. short-term interest rates could rise as soon as next month.The Fed left benchmark short-term U.S. rates unchanged at its last meeting in July but said near-term risks to the economy had diminished, leaving the door open for a possible rate hike ...

Markets - Equity - Americas

US stocks retreat as Fed official hints at early rate hike NEW YORK: Wall Street stocks retreated from record highs Tuesday as a senior Federal Reserve policymaker said the US central bank could possibly hike interest rates as early as September.William Dudley, head of the Fed's New York branch, told Fox Business that a rate hike was possible next month and that Wall Street investors were too "complacent" about the prospect of higher rates over the next year.Analysts also said stocks were due for a pause ...

Markets - Equity - Americas

TSX falls as banks, natural resource companies weigh TORONTO: Canada's main stock index fell on Tuesday, dragged lower by some mining and energy companies despite the advance of gold and global oil prices. At 11:04 a.m EDT (1504 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 59.53 points, or 0.4 percent, to 14,717.49, reflecting the decline of US stocks on Wall Street. Eight of the TSX's main 10 groups were in negative territory. Among the biggest drivers of the fall were a ...

Markets - Equity - Americas

US stocks retreat from records NEW YORK: Wall Street stocks retreated from record levels early Tuesday on revived worries about the overvaluation of equities. All three major indices set high marks on Monday, but worries Tuesday included "concerns about the market being ahead of itself, and some spotty economic data," said Briefing.com analyst Patrick O'Hare.Data showed US consumer prices were up a modest 0.2 percent in July, the same pace as the previous two months, while housing starts rose 2.1 ...