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U.S. stock index futures pointed to a lower open on Wall Street on Thursday after Federal Reserve Chairman Ben Bernanke announced an extension of the bank’s asset swap program known as “Operation Twist”, but stopped short of announcing another round of quantitative easing.
“Vehement partisanship” in U.S. politics has stopped the Right and Left from coming up with effective solutions to solve the current economic crisis, according to Woody Brock, author of “American Gridlock.”
Stocks wobbled out of the gate Wednesday, with traders hesitant to make any strong commitments head of the afternoon Federal Reserve policy decision.
There’s ongoing concern about potential health risks associated with natural gas fracking. More communities are publicly opposing the drilling activity, while the industry maintains the technology augers needed energy and manufacturing jobs.
U.S. stock index futures pointed to a mixed open on Wall Street on Wednesday as investors turned their attention away from the G20 Summit and the euro zone crisis and concentrated instead on domestic concerns.
Stimulus from the Fed has reached a limit and it's now time for the government to put fiscal policy to work, says Robert Heller, Federal Reserve Governor.
Stocks rallied Tuesday amid optimism that the Federal Reserve will announce further steps to help the economy following their two-day meeting, but finished off session highs after reports that a German official said there were no plans to use the EU's rescue fund to buy bonds of troubled countries.
The United States is still No. 1 when it comes to the number of millionaires in a single country, but global wealth is continuing its movement eastward.
Stocks finished mixed Monday after wavering in a tight range for most of the session as ongoing worries over Spain overshadowed results of the weekend's Greek elections and as investors hesitated to jump in ahead of the FOMC meeting.
U.S. stock index futures were higher Tuesday, as investors bet on the Federal Reserve announcing further economic stimulus measures after its monetary policy meeting.
Spanish 10-year yields surge past 7% as a Greek relief rally fades, with CNBC's Stephane Pedrazzi. And Mark Grant, Southwest Securities, explains why problems in Spain are being vastly understated. CNBC's Ron Insana weighs in with the Fast Money traders.
U.S. stock index futures added to declines Monday as a relief rally in Europe following a victory by pro-bailout parties in Greece's elections proved short-lived and investors turned their focus to ongoing worries over Spain.
Stocks closed at session highs Friday, lifted by reports that central banks are prepared to provide liquidity after Sunday's Greek elections and amid growing hopes for action from the Fed in light of some recent disappointing economic data.
The FMHR traders weigh in on this weekend's Greek elections and how to play the outcome, including the trade in commodities. CNBC's Bertha Coombs reports the latest details on the guilty verdict from the Gupta insider trading trial. Marko Papic, BCA Research, provides perspective on what to expect in the markets after the Greek elections.
U.S. stock index came off their highs Friday following the New York Fed's "Empire State" manufacturing data, but still held gains following reports major central banks were ready to provide further monetary stimulus measures following Greece's elections over the weekend.
Stocks closed sharply higher after a wild final hour of trading Thursday following a report that central banks are preparing coordinated action to provide liquidity after the Greek election.
CNBC's Steve Liesman discusses how the markets are faring ahead of this weekend's Greek election; and the FMHR traders discuss the state of Credit Suisse since the Swiss Central Bank said it needs a "marked increase" in capital ahead of a possible deepening financial crisis, with Dirk Becker, Kepler Capital Markets analyst.
U.S. stock index futures rebounded Thursday amid growing hopes for stimulus from the Federal Reserve on the heels of several weak economic reports, but ongoing uncertainties in the euro zone kept a lid on gains.
Stocks accelerated their losses in the final hour of trading to close lower Wednesday, amid ongoing nervousness over the euro zone and after credit-rating agency Egan-Jones downgraded Spain's credit rating to CCC+ from B.
U.S. stock index futures added to their losses Wednesday following a batch of tepid economic reports and as investors continued to remain nervous over the uncertainty in the euro zone.