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  • US stocks move higher; Traders watch Fed meeting Wednesday, 17 Dec 2014 | 11:53 AM ET

    NEW YORK— The U.S. stock market is moving higher ahead of a policy announcement from the Federal Reserve. Energy stocks rose sharply after the price of crude oil turned higher. The Dow Jones industrial average rose 152 points, or 0.9 percent, to 17,221 as of 11:45 a.m. Eastern time Wednesday.

  • *FedEx shares fall after earnings, drags transports. NEW YORK, Dec 17- U.S. stocks rose on Wednesday on the heels of a three-session losing streak and ahead of the U.S. "I don't know that it really makes a huge difference because ultimately they will hedge anything they do in that regard by simply saying it is all data-dependent," said Randy Frederick, managing director...

  • Energy-sector rebound props up European stock markets Wednesday, 17 Dec 2014 | 11:13 AM ET

    LONDON, Dec 17- European shares edged into positive territory on Wednesday, helped by a rebound in energy stocks and new signs that the European Central Bank will undertake measures to buoy the region's economy. The pan-European FTSEurofirst 300 index, which had spent much of the day in negative territory, was up 0.2 percent at 1611 GMT, while the euro zone's...

  • US stocks open higher; Traders watch Fed meeting Wednesday, 17 Dec 2014 | 9:41 AM ET

    NEW YORK— The U.S. stock market is opening modestly higher ahead of a key policy announcement from the Federal Reserve. The Dow Jones industrial average rose 70 points, or 0.4 percent, to 17,140 as of 9:35 a.m. Eastern time Wednesday. The price of oil fell 89 cents to $55.04 a barrel in New York.

  • Dec 17- U.S. stocks are expected to climb in 2015 as concerns about the prospect of a Federal Reserve interest-rate hike are being offset by hopes for strong consumer spending as oil prices fall, according to a Reuters poll. That would represent a near 12 percent rise for 2015 from a Dec. 16 close of 1,972.74. "The market's ability to withstand higher rates is the big...

  • Dec 17- U.S. stocks rose at the open on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year's final statement from the U.S. Federal Reserve that may set the stage for interest rate hikes in 2015.. The Dow Jones industrial average rose 22.26 points, or 0.13 percent, to 17,091.13, the S&P 500 gained 3.06 points, or 0.16 percent, to...

  • US STOCKS-Wall St to open higher ahead of Fed decision Wednesday, 17 Dec 2014 | 9:11 AM ET

    *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stocks were set to rise at the open on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year's final statement from the U.S. "I do think they will take in consideration slow global economic activity and perhaps mention the threat of deflation in Europe," said Peter Cardillo,...

  • *Lenders lift markets in Qatar, Abu Dhabi. DUBAI, Dec 17- Most Gulf stock markets regained strength on Wednesday as oil's slide paused, with blue chip banks pushing Abu Dhabi up sharply and Saudi Arabia's bourse jumping after the kingdom's finance minister said the government would continue spending heavily. Brent crude held below $60 a barrel on Wednesday, at...

  • US STOCKS-Futures rise ahead of Fed decision Wednesday, 17 Dec 2014 | 7:47 AM ET

    *FedEx shares fall after earnings. NEW YORK, Dec 17- U.S. stock index futures rose on Wednesday, following three days of losses for major Wall Street indexes, ahead of the year's final statement from the U.S. *FedEx shares fell 2.8 percent in light premarket trading after the package delivery company posted quarterly results.

  • Stocks jump after Fed promises 'patient' approach Wednesday, 17 Dec 2014 | 4:44 AM ET

    NEW YORK— U.S. stocks rose sharply Wednesday afternoon after the Federal Reserved said the U.S. economy was improving and that it would be "patient" in determining when to raise rates. The Dow is coming off of three days of losses as investors worry about a plunge in Russia's ruble and a sharp drop in the price of crude oil. ANALYST RESPONSE: The market is saying that "the...

  • HONG KONG, Dec 17- Hong Kong's main share index finished down slightly on Wednesday as a rally in financial firms failed to offset slumping service and information technology shares. Among the most actively traded stocks on Hong Kong's main board were AVIC International Holding HK Ltd, down 3.0 percent at HK $0.65, CCT Land Holdings Ltd, unchanged at HK $0.02 and...

  • China stocks close up as banks push higher Wednesday, 17 Dec 2014 | 2:11 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.7 percent, to 3,360.60, while the Shanghai Composite Index gained 1.3 percent, to 3,061.02 points. Among the most active stocks in Shanghai were Minsheng Bank, up 10.0 percent to 9.47 yuan; Bank Of China, up 4.1 percent to 3.54 yuan and Agricultural Bank Of China, up 4.5 percent to 3.24...

  • TOKYO, Dec 17- Japan's Nikkei stock index is expected to gain around 13 percent next year, as a weaker yen raises hopes of higher earnings for exporters, while the Bank Of Japan's asset buying programme is seen underpinning risk appetite, a Reuters poll found. Japan's benchmark is expected to rise to 19,000 by the end of 2015, according to the median forecast of 62...

  • Federal Reserve's dovish stance helped sentiment recover, while Japan Tobacco Inc tumbled. Japan Tobacco, which is highly exposed to crisis-hit Russia, dived 7.8 percent on heavy volume and contributed a hefty negative 10 points to the Nikkei. Goldman Sachs said Russia contributes 20-25 percent of its operating profits, and a 1 percent rouble depreciation...

  • BEIJING, Dec 17- China stocks climbed higher on Wednesday as bank shares continued to surge on mainland markets, but Hong Kong's benchmark index slipped again and the price gap for dual-listed shares widened. The CSI 300 banking index was up 5.81 percent at the end of the morning, led by a 9.99 percent increase in Minsheng Bank and 8.75 percent increase for Bank of...

  • *Japan Tobacco falls on Russia fears. TOKYO, Dec 17- Japanese stocks rose on Wednesday as hopes of a continuation of the U.S. On Tuesday the benchmark closed at its lowest level since Oct. 31, when the Bank of Japan shocked markets by unexpectedly easing policy.

  • NYMEX-Oil falls on surprise U.S. crude stocks gain Tuesday, 16 Dec 2014 | 6:42 PM ET

    TOKYO, Dec 17- U.S. crude futures fell nearly 1 percent on Wednesday to stay below $56 a barrel after industry data showed stockpiles unexpectedly rose last week, and as Russia failed to halt more steep falls in the value of the rouble. *NYMEX crude for January delivery was down 49 cents at $55.44 a barrel by 2322 GMT, after settling up 2 cents on Tuesday as trading of...

  • How the Dow Jones industrial average did Tuesday Tuesday, 16 Dec 2014 | 5:10 PM ET

    Sudden twists in the price of oil and currency trading turned the stock market into a roller-coaster ride. Indexes ended slightly lower after an early rally fizzled. The price of crude oil stabilized after a prolonged rout, bringing relief to energy stocks and the Russian ruble, both of which have been battered by a slump in oil.

  • *Indexes: Dow down 0.7 pct, S&P down 0.9 pct, Nasdaq down 1.2 pct. NEW YORK, Dec 16- U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the global economy. People buy stocks that have done well so you get this bump up, "said Daniel Morgan,...

  • An early rally fizzles, leaving US indexes lower Tuesday, 16 Dec 2014 | 4:15 PM ET

    NEW YORK— U.S. stocks are ending slightly lower after an early rally fizzled. At the end of an up-and-down day Tuesday the Dow Jones industrial average lost 111 points, or 0.7 percent, to close at 17,068. It had been up as much as 246 points at midday before turning lower in the afternoon. Russia's ruble regained some ground against the dollar after that country's...