The Federal Reserve has asked Credit Suisse to address problems relating to the bank's underwriting and sale of leveraged loans.» Read More
Traders are eyeing Alibaba's IPO and Scotland's independence vote, but analysts said the Fed's dovishness statement could be more important.
Check out which companies are making headlines after the bell Wednesday: Herman Miller, Pier 1, United Natural Foods & more.
Bonds sold off as traders read the Fed's new rate forecasts as slightly more aggressive, but dovish comments from Yellen and the Fed statement drove stocks up.
The net inflows were the first in three weeks and came after outflows of $4 billion the prior week, which were the biggest in nine weeks.
CalPERS' move to divest itself of $4 billion in hedge fund holdings is galvanizing a debate among many other pension managers.
The Fed remained on its easy-money course, allaying market fears that it might start raising interest rates sooner than expected.
After years of nearly complete clarity regarding policy, the Federal Reserve has had investors and economists scrambling of late.
The national average price for a gallon of regular gas could drop another 20 cents this fall, just in time for the holiday shopping season.
Inflation may have taken a break in the U.S., but the country hardly seems perched to be the next Japan.
Some of Wednesday's midday movers:
Some large-cap stocks including momentum names like Pandora are trading in bear market territory after falling off their 52-week highs.
Credit Suisse has entered Wall Street's correction derby, but in a way different from its peers.
Lennar's earnings beat on Wednesday, with fairly big numbers, will help the bull argument.
Some of the names on the move ahead of the open.
Bank of America gave up about $6 billion in annual revenue by phasing out risky consumer banking products and eliminating certain fees.
The Fed could surprise markets Wednesday, simply because of the wide divergence in Wall Street views about its next move.
Check out which companies are making headlines after the bell Tuesday: Adobe, Apogee Enterprises & more.
Maybe this is what happens when a central bank becomes too transparent.
Some of Tuesday's midday movers:
The Good, The Bad and The Ugly: a bull stands by his prediction; Alibaba's IPO hits momentum names; and the largest pension fund exits hedge funds.
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