Capital markets are the superpower in today's world, and they have Russia on its knees, Evercore Partners founder Roger Altman said.» Read More
The Fed may have helped prime the stock market for a Santa rally, if oil remains calm and there are no new flare-ups in overseas markets.
Companies making headlines after the bell Wednesday:
Early effects of Russian market turmoil are starting to show up in the U.S., but it's not outright panic.
Trying to pick a bottom in energy stocks: is this the time to go long?
Oil stocks bounced, in their best day in three years, but oil industry analysts say the equities may be premature in celebrating a bottom in oil prices.
The Federal Open Market Committee was expected to keep its target funds rate near zero, as all eyes look toward a possible rate hike next year.
Here's what bothers Ron Insana about the Fed's statement — its last of 2014.
Fed Chair Janet Yellen is holding her last news conference of 2014, with the phrase 'considerable time' a hot-button subject.
Some of Wednesday's midday movers:
Investing in Cuba: it's one thing to try to ease travel restrictions and open an embassy, it's another to lift the embargo.
The former head of health-care investment banking, already on voluntary leave because of a nasty divorce proceeding, has resigned to focus on family.
2015 is shaping up as the year the U.S. consumer will have to shine the light for the rest of the world—or else.
Investors should look for softer rhetoric on Ukraine from Russian President Vladimir Putin and for signs of a bounce, said Christopher Granville.
Shares of OnDeck Capital, an online lender to small businesses, rose as much as 37 percent in their debut, valuing the company at up to $1.8 billion.
Companies making headlines before the bell Wednesday:
Traders are watching to see if the Fed will lift the market's spirits, as investors fret over a new set of worries—including Russia.
Check out which companies are making headlines after the bell Tuesday: American Apparel, Darden & more.
"Considerable time" may be on its way out. But the Fed needs to be careful not to send signals to the market it will take back later.
Some of Tuesday's midday movers:
The strength of the U.S. economy should outweigh weakness abroad as the Fed considers interest rates, Deutsche Bank's Joseph LaVorgna said.
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