J.C. Penney Gets Increase in Line of Credit from $1.75 Billion to $2.25 Billion
U.S. Dollar
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Stocks closed down 1 percent after the minutes from the last Fed policy setting meeting suggested the central bank could begin tapering bond purchases sooner than the market expects.
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U.S. stock market futures indicated a higher opening on Wednesday, ahead of a closely-watched speech by Fed Chair Ben Bernanke.
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Stocks closed higher but off their best levels after two Fed officials dampened speculation the central bank was ready to consider "tapering" its bond-buying.
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U.S. futures signaled a flat-to-lower Wall Street open on Tuesday, as markets in Europe and Asia remained cautious ahead of Federal Reserve chief Ben Bernanke's testimony to the Senate.
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TOKYO, May 21- The dollar edged up against the yen on Tuesday after a Japanese minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
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*Japanese econ minister says he hopes FX market can find' balance'. TOKYO, May 21- The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
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*Japanese econ minister says he hopes FX market can find' balance'. TOKYO, May 21- The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2 year high in the previous session.
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Stocks closed slightly lower in choppy trading Monday, pulling back after the Dow and S&P 500 hit fresh all-time highs and amid ongoing worries that the Federal Reserve may taper its bond-purchase program.
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U.S. stock market index futures were slightly lower Monday, after major averages finished higher for the fourth-consecutive week, amid ongoing concerns the Federal Reserve may begin to taper off its quantitative easing program sooner than expected.
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Stocks closed out the week with strong gains, with the Dow and S&P 500 hitting fresh highs and all three major averages logging their fourth-straight weekly advance, boosted by a pair of positive economic reports.
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U.S. stock market index futures were higher Friday, with major averages looking to log their fourth-straight week higher, ahead of a key reading on consumer sentiment.
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Stocks ended near session lows Thursday pressured by a handful of weak economic data and as some Fed officials stated their openness to tapering the central bank's bond-buying program in the coming months.
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U.S. stock index futures were flat Thursday as investors digested a handful of weaker-than-expected economic data against upbeat earnings report from Cisco.
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Stocks regained their footing in choppy trading Wednesday, with the Dow and S&P 500 closing at a fresh high, but a sharp decline in Apple kept a lid on the Nasdaq's gains.
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U.S. stock index futures remained lower Wednesday following a batch of tepid economic reports and a day after the Dow and the S&P 500 rallied to close at fresh highs.
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TOKYO, May 15- The dollar edged lower in early Asian trade on Wednesday but stayed close to its highest point against the yen in four and a half years on signs of an improving U.S. economy and rising Treasury yields. The dollar bought 102.24 yen, down about 0.1 percent but still not far from 102.42 yen on Tuesday on the EBS trading platform.
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NEW YORK, May 14- The yen and the euro both fell against the dollar on Tuesday for a fourth straight session, with the yen hitting its lowest level against the dollar in 4-1/ 2 years, on signs that the U.S. economy is improving.
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NEW YORK, May 14- The yen fell against the dollar on Tuesday for a fourth straight session, hitting its lowest level in 4-1/ 2 years as signs that the U.S. economy is improving and a global equities rally favored the greenback.
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The S&P and Dow closed at fresh all-time highs on Tuesday after widely followed hedge fund manager David Tepper said he is "definitely bullish" on stocks.
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U.S. stock index futures signaled a lower open on Tuesday, as fears that China's central bank will not provide stimulus to boost its economy saw the Shanghai Composite fall to a one-week low.