Speeches by several Fed officials overnight reinforced expectations of an early taper. CNBC's Deirdre Wang Morris explains their comments.» Read More
SINGAPORE, Dec 10- London copper held close to one-month highs on Tuesday as expectations that the Federal Reserve could soon start tapering its economic stimulus undermined the dollar, while steady consumer buying from China put a floor under prices.
SINGAPORE, Dec 10- Gold got off to a shaky start on Tuesday after gaining 1 percent in the previous session, as investors turned their attention to a Federal Reserve policy meeting next week that could provide clues on the outlook for the bank's stimulus. *Spot gold had fallen 0.2 percent to $1,237.94 an ounce by 0020 GMT.
WASHINGTON, Dec 9- The U.S. municipal bond market shrank at a record pace in the third quarter, and the amount of bonds held by households, the market's biggest investors, fell to the lowest level in nearly seven years, according to Federal Reserve data released on Monday.
NEW YORK, Dec 9- U.S. stocks edged higher on Monday, with the S&P 500 closing at a record high, as traders awaited more clues from the Federal Reserve on whether the U.S. central bank would soon begin winding down its economic stimulus. The Dow industrials traded within 43.11 points from session high to intraday low, in the Dow's tightest daily range since Aug. 17, 2012.
The remarks from St. Louis Federal Reserve Bank President James Bullard voicing support for a "small taper" were unexpected.
NEW YORK, Dec 9- U.S. stocks ended slightly higher on Monday as investors awaited more clues from the Federal Reserve on whether the U.S. central bank will soon begin to wind down its economic stimulus. Based on the latest available data, the Dow Jones industrial average edged up 5.52 points, or 0.03 percent, to finish unofficially at 16,025.72.
Federal Reserve official on Monday suggested that farmers consider a path toward internationally accepted standards for genetically modified crops, following rejections of U.S. corn shipments by China.
NEW YORK, Dec 9- U.S. stocks advanced modestly on Monday after positive Chinese trade and inflation data, while remarks by top Federal Reserve officials about the outlook for slowing the Fed's stimulus had little impact on the market.
Improvements in the job market make reductions to the Fed's massive bond-buying program more likely, a top Fed official said.
CNBC's Michelle Caruso-Cabrera reports on anti-government rallies around the world, including the Ukraine.
Discussing the impact of rising rates on stocks, with Zane Brown, Lord Abbett fixed income strategist, and Stuart Freeman, Wells Fargo Advisors chief equity strategist.
Investors are fleeing the U.S. municipal bond market as it shrank to $3.6 trillion in the third quarter of 2013, the smallest since the end of 2009.
CNBC's Steve Liesman explains why experts believe the rate cycle could be "different this time."
Richmond Fed President Jeff Lacker expects the discussion about the possibility of reducing the pace of asset purchases in the December meeting.
Jeffrey Lacker, the president of the Federal Reserve Bank of Richmond, will speak at an economic outlook conference in Charlotte, North Carolina, at 12:30 p.m.. St. Louis Fed Bank President James Bullard will also speak on the economy in St. Louis in the afternoon, and Dallas Fed Bank President Richard Fisher will speak in Chicago in the evening.
NEW YORK, Dec 9- Stock markets worldwide rose on Monday and the euro climbed to a six-week high against the dollar after Chinese trade and inflation data boosted optimism about the global economy.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss why stocks continue to advance after Friday's jobs data,
CNBC's Rick Santelli and James Bianco, Bianco Research president, discuss if QE3 has done anything to help the economy, and the possibility of Janet Yellen taking control of the Fed as early as next week.
Art Cashin of UBS says stock selling could be triggered if a key indicator goes above its next round-number milestone.
U.S. Treasurys prices edged up on Monday before the Federal Reserve planned to make two separate bond purchases.