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  • Aug 28- Wall Street ended a tumultuous week with a flat close on Friday as investors shrugged off concerns that a September rate rise was more likely than some investors expected. "A lot of investors are rebalancing their portfolios before going into the weekend," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin.

  • Aug 28- Wall Street was moderately lower on Friday afternoon after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected. Many on Wall Street have hoped the recent global market turbulence and worries about China's economy would lead the Fed to hold off raising rates, an expectation...

  • *U.S. heading in the direction of rate hike- Fed's Fischer. Aug 28- U.S. stocks looked set to snap a two-day rally on Friday after comments by a top Federal Reserve official appeared to suggest that a September rate rise was still possible. Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic...

  • US STOCKS-Wall St slips after Fischer's remarks Friday, 28 Aug 2015 | 12:24 PM ET

    *Freeport-McMoRan rises after Icahn discloses stake. Aug 28- U.S. stocks slipped on Friday after comments from an influential member of the U.S. Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic data had been impressive.

  • *Freeport-McMoRan rises after Icahn discloses stake. "Today's selloff is normal after the two enormous upward days that we had," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin, Texas. Data for August 20-26 showed a record $28 billion in outflows from equity funds.

  • Aug 28- Charles Schwab Corp said that customer access to online accounts was restored on Friday morning, just minutes before U.S. stock markets opened for trading. Earlier, the company said access to accounts and online trading platforms were unavailable. Earlier in the week, discount brokers Scottrade Inc and TD Ameritrade reported some order processing...

  • Aug 28- Charles Schwab Corp's online trading platforms were temporarily unavailable, a spokesman for the brokerage firm said on Friday morning. The spokesman did not elaborate on the cause of the problem, and a customer service representative in Denver said Schwab did not have an estimate of when online access would be restored. Earlier in the week, discount...

  • NEW YORK, Aug 28- Charles Schwab Corp.' s online trading platforms are "temporarily unavailable," a spokesman for the brokerage firm said Friday morning. The spokesman did not elaborate on the cause of the problem. Earlier in the week, discount brokers Scottrade Inc and TD Ameritrade reported some order processing issues.

  • US stocks surge, snapping 6-day losing streak Wednesday, 26 Aug 2015 | 12:57 AM ET

    While the surge came as a relief to many, Wall Street professionals warned that more rough days lie ahead, in part because of weakness in China, where signs of an economic slowdown triggered the sell-off that has shaken global markets over the past week. The Dow lost about 1,900 points over that period, and more than $2 trillion in corporate value was wiped out.

  • For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading. The rally came after China lowered interest rates to try to boost the world's second-biggest economy. "The return to a more traditional...

  • It was the S&P 500' s worst day since 2011 and followed an 8.5 percent slump in China markets, which sparked a sell-off in global stocks along with oil and other commodities. Wall Street had stayed in a narrow range for much of 2015, but volatility returned this month as investors became increasingly concerned about a potential stumble in China's economy and...

  • *China stocks fall almost 9 pct, hurt by Beijing's inaction. *More than 1 trillion euros wiped off European stocks in August Dollar slides vs euro, yen; Treasury yields hit 4- month low. NEW YORK, Aug 24- A near-9 percent dive in China shares sent world stocks and commodity prices tumbling on Monday, and U.S. stocks ended a volatile day with the S&P 500 and Nasdaq composite...

  • Aug 24- Investors rattled about China sent U.S. stock indices almost 4- percent lower on Monday in an unusually volatile session that confirmed the S&P 500 was formally in a correction, even after a dramatic rebound by Apple. Wall Street had stayed in s narrow range for much of 2015, but volatility jumped this month as investors became increasingly concerned...

  • Aug 24- A Charles Schwab Corp unit has agreed to a $2 million civil fine for failing to keep sufficient cash on hand to meet capital requirements on three separate days last year, Wall Street's industry-funded watchdog said on Monday. The regulator also censured the brokerage unit, Charles Schwab& Co., Inc.. The capital deficiencies took place between May 15 and...

  • NEW YORK, Aug 18- James McCool, a longtime Charles Schwab Corp executive who most recently ran its client solutions group, has moved to a new position involving "key corporate strategic initiatives," according to a filing on Tuesday with the U.S. Securities and Exchange Commission. In November 2014, Schwab replaced Gill and John Clendening as co-heads of its retail...

  • *Wal-Mart falls after weaker-than-expected results. Aug 18- U.S. stocks erased most of their losses in late morning trading on Tuesday, as strong results from Home Depot and strong housing data helped offset a slump in Chinese shares and Wal-Mart's weaker-than-expected results. Home Depot rose as much as 3.4 percent to a record high of $123.80 after the home...

  • "The problem in China is that the markets haven't been released for free and open trading and until that happens there is going to continue to be downside pressure," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin, Texas. Earlier, China's main Shanghai Composite and Shenzhen 300 indexes both lost more than 6 percent...

  • *Wal-Mart falls after weaker-than-expected results. Aug 18- Wall Street open lower on Tuesday, weighed down by a 6 percent slump in Chinese shares and Wal-Mart's weaker-than-expected quarterly results. Wal-Mart shares fell as much as 3.2 percent to a nearly 2-1/ 2 year low of $69.58 and were the biggest drag on the Dow Jones industrial average.

  • *Wal-Mart falls after cutting full-year forecast. Aug 18- Wall Street was set to open lower on Tuesday, weighed down by a 6 percent slump in Chinese shares and disappointing results from Wal-Mart. Wal-Mart shares fell 2.6 percent to $70.05 in premarket trading after the Dow component reported weaker-than-expected quarterly earnings and lowered its...

  • *Michael Kors jumps after results best expectations. Aug 6- Wall Street fell on Thursday morning as investors traded on earnings, with Walt Disney's warning on its cable business continuing to haunt media stocks. Time Warner, Discovery Communications and CBS were all in the red.