Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
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CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
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Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
U.S. stock index futures signaled a lower open on Wednesday ahead of a busy day for economic data, as investors await Friday's key employment report, which may shed light on the possible timing of an interest rate rise by the U.S. Federal Reserve.
The ADP private payrolls report is due at 8:15 am ET, which will be eyed as a pre-indicator of Friday's labor market report. It is expected to show that 215,000 jobs were created in February, slightly above the previous reading, but well below the official 257,000 nonfarm payrolls reported in January.
There is also ISM non-manufacturing data at 10 a.m., and the Federal Reserve's Beige Book on the economy at 2 p.m.
In Europe, equities were mixed in morning trade on Wednesday, as investors awaited feedback from the European Central Bank's (ECB) policy meeting on Thursday. The central bank could announce at its regular press conference following the meeting exactly when it will start its upcoming bond-buying program, and give more details about what assets it will buy.
In oil markets, Brent crude traded around $60 per barrel on Wednesday after Saudi Arabia raised its official selling prices for its oil deliveries to Asia and the U.S. on Tuesday. U.S. crude climbed around 20 cents, holding above $50 per barrel.In the past seven weeks, Brent crude has risen from a six-year low of around $45, despite global oversupply concerns.