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US stocks drop ahead of Fed statement; oil shares fall NEW YORK: US stocks fell in early trade Wednesday with petroleum stocks sagging on weak oil prices as investors looked ahead to the Federal Reserve's afternoon policy announcement.About 30 minutes into trade, the Dow Jones Industrial Average stood at 17,752.26, down 96.82 points (0.54 percent).The broad-based S&P 500 lost 8.36 (0.40 percent) at 2,065.82, while the tech-rich Nasdaq Composite Index fell 13.86 (0.28 percent) to 4,923.57.Dow member ExxonMobil fell 0.3 percent and oil-services titan Schlumberger shed 1.0 percent as US oil prices dived ahead of a government report on American petroleum inventories.The market was gearing up for an 1800 GMT Fed announcement following a two-day monetary policy meeting. The US central bank is expected to give clues on the timing of an increase in near-zero interest rates, perhaps as early as June.Shipping company FedEx fell 2.0 percent after reporting third-quarter earnings rose 53 percent to $580 million. The company projected ...

Wall St falls with eyes on Fed statement NEW YORK: US stocks fell in early trading on Wednesday ahead of a highly anticipated statement and news conference by the Federal Reserve later in the session, with the Fed expected to give clearer clues on how soon it plans to tighten monetary policy.The U.S. central bank is expected to provide indications on the timing of its first interest rate hike in nearly a decade, as its two-day meeting ends later in the day. The ...
TSX declines as investors are cautious ahead of Fed TORONTO: Canada's main stock index slipped on Wednesday as investors were nervous ahead of Federal Reserve comments expected to clarify the U.S. central bank's plans to raise interest rates.The Fed is expected to release a statement this afternoon, which will be followed by a press conference by Chair Janet Yellen.Oil prices slumped on increasing crude inventories, pressuring shares of energy producers.Investors refrained from taking big positions ahead of the Fed statement."The market is struggling. Investors ...
Europe shares rise, US falls before Fed statement NEW YORK: Stocks on Wall Street slipped and shares in Europe rose on Wednesday, reflecting a policy divergence between the Federal Reserve and the European Central Bank, while oil prices fell as data indicated U.S. crude inventories were at a new record high.U.S. stocks were lower ahead of the Fed's highly anticipated policy statement at 2 p.m. (1800 GMT) and news conference half an hour later, with the U.S. central bank expected to lay the ...
Dow, S&P end lower on Fed nerves; Nasdaq ends up NEW YORK: The Dow and S&P 500 fell on Tuesday as commodity-related shares declined and nervousness increased ahead of a Federal Reserve statement, while the Nasdaq edged higher. The Dow Jones industrial average fell 129.98 points, or 0.72 percent, to 17,847.44, the S&P 500 lost 7.02 points, or 0.34 percent, to 2,074.17 and the Nasdaq Composite added 7.93 points, or 0.16 percent, to 4,937.44. Copyright Reuters, 2015 ...
Oil-share bounce helps TSX edge higher ahead of Fed TORONTO: Canada's main stock index rose slightly on Tuesday, lifted by a small bounce-back in oil producers, as investors anxiously awaited a US Federal Reserve statement on its policy outlook. After being beaten down for months, energy shares rose, shrugging off rising crude inventories that renewed worries about a global supply glut and sent the price of US crude to a six-year low on Tuesday. Market focus was on a two-day Federal Open Market Committee ...
Stocks fall alongside oil; euro up for 2nd straight day NEW YORK: Stocks mostly fell on Tuesday as the Federal Reserve opened a two-day policy meeting, which is being closely watched for signs of when the US central bank will raise interest rates. Trading was volatile in other asset classes. Crude oil prices edged lower and remained on track for their eighth decline in the past nine sessions, but were well off lows of the day.The US dollar index turned flat, rebounding off earlier weakness. ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln