U.S. oil prices were steady below $99 on Wednesday as investors waited for the U.S. Federal Reserve to shed some light on its plan.
Asian equities got hammered on Thursday after the Federal Reserve signaled an end to its bond-buying program while weak factory activity in China added to market gloom.
Japan's benchmark Nikkei index soared to a one-week high on Wednesday, underpinned by continued weakness in the yen and optimism about the Federal Reserve's policy decision.
European shares closed mixed on Tuesday, after better-than-expected economic data from Germany, and stock market gains in the U.S.
Asian equity markets were mixed on Tuesday, as nervous investors awaited the U.S. Federal Open Market Committee's latest update on its stimulus program.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.