U.S. oil staged a brisk rally on Wednesday, ending just above $105 after a batch of U.S. data underscored strong demand in the world's largest consumer of oil.
Gold settled at nearly 1 percent lower at $1,313 on Wednesday as unexpectedly strong US economic growth stirred fears that the Fed could be a step closer to cutting back its stimulus measures.
European shares closed mixed on Wednesday despite investor sentiment being boosted by better-than-expected gross domestic product (GDP) growth from the U.S.
The dollar extended gains against the euro and yen on Wednesday, hitting session highs after data showed the U.S. economy grew faster than expected in the second quarter.
Allen Sinai, Decision Economics, provides a preview of today's GDP number, jobs and Fed policy. And Ed Keon, Quantitative Management Associates, explains why buying stocks now are the "right long-term play."
Asian stocks were mixed on Wednesday as investors adopted a wait-and-see approach ahead of the Federal Reserve's policy statement.
The Dow and S&P 500 closed near the flatline Tuesday, while techs climbed to boost the Nasdaq to a fresh 12-year high, as investors remained cautious ahead of the Federal Reserve's policy statement.
Treasurys little changed on Tuesday as traders positioned for second-quarter U.S. economic growth data, a Federal Reserve policy statement and the Treasury's next refunding announcement, all due on Wednesday.
Gold settled lower at $1,324.00 on Tuesday as participants largely stayed on the sidelines ahead of a U.S. Federal Reserve policy statement on Wednesday.
Oil slipped as speculators awaiting the outcome of a Federal Reserve meeting retreated from bets on a further rise of U.S. crude.
European shares closed higher on Tuesday after a mixed bag of earnings reports, fresh economic data released from the euro zone, and Barclays leading a bank sell-off on the continent.
Rich Peterson, S& P Capital IQ, explains why some sectors like financials, consumer discretionary and health care are growing while other sectors like energy are lagging.
The dollar edged higher on Tuesday, recovering from recent falls, on caution that the Federal Reserve may lay the groundwork for curbing stimulus at a policy meeting this week.
Matthew McCormick, vice president & portfolio manager at Bahl & Gaynor Investment Counsel, tells CNBC that Wall Street believes Fed tapering will occur in September and it will cause more volatility.
Asian stocks rebounded on Tuesday after China's central bank injected funds into money markets and as the Japanese yen weakened ahead of key global central bank meetings this week.
Stocks kicked off the week on a weak note as investors hesitated to jump in ahead of the Federal Reserve meeting and a slew of key economic reports.
Gold futures settled higher at $1328.40 on Monday, as investors turned their attention to a U.S. Federal Reserve meeting later in the week, which is expected to reaffirm its stance to keep interest rates near zero.
Oil prices were mixed on Monday, with U.S. oil settling above $104 as supply disruptions in Europe helped halt last week's losses.
European shares pared earlier gains to close flat on Monday following a late sell-off after reports that Barclays will seek to raise £5 billion ($7.69 billion) via a rights issue.
NEW YORK, July 29- The dollar fell to a one-month low against the yen and a five-week trough versus a basket of major currencies on Monday on the expectation that the Federal Reserve will reiterate its commitment to keep interest rates low for some time. The euro meanwhile slipped 0.2 percent to $1.3252.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.
European shares closed lower on Wednesday for a third consecutive session, with resurging worries about the global economic outlook undermining investor sentiment.
Standard & Poor's decision to cut Spain's credit rating to one notch above junk status is weighing on markets.
Asian shares dipped on Tuesday following losses on Wall Street after U.S. manufacturing activity hit a three-year low in November.
As the Chinese boom slows Hermes, Remy and other posh names are still going full throttle in Asia.
The worst US drought in over 50 years is pushing commodity prices to record highs.