Qualcomm suppressed competition in the market for cellphone chips and used its position to impose excessive licensing fees, a U.S. judged ruled.Technologyread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
China is considering cutting natural gas purchases from the U.S. in its tit-for-tat on trade, according to the South China Morning Post.Marketsread more
Treasury Secretary Steven Mnuchin is scheduled to testify before the House Financial Services Committee on Wednesday about the international financial system.Politicsread more
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Treasury Secretary Steven Mnuchin said nothing is scheduled yet for the U.S. to go to Beijing for the next round of trade talks.Marketsread more
Target's e-commerce sales also surged 42%, as shoppers increasingly turned to its curbside pickup service for online orders, something Amazon can't offer.Retailread more
Stock markets are slowly healing from the worst of the month's trade war sell-off, and one under-the-surface indicator suggests the S&P 500 might completely recover before...Trading Nationread more
The U.S. Justice Department's Antitrust Division staff has recommended the agency sue to block T-Mobile US's $26 billion acquisition of smaller rival Sprint, according to two...Technologyread more
Tesla's fall is likely due to more short sellers betting against the company, priming shares for a sharp move upward, Bank of America said.Investingread more
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, moved marginally lower to 2.217 percent, while the yield on the 30-year Treasury bond was also lower at 2.92 percent.
In economic news, the October read on the U.S. producer price index came in unchanged, versus an expected increase of 0.3 percent. Industrial production for October was also unchanged.
Meanwhile, mortgage applications fell 9 percent amid the sharp increase in interest rates. Other reports released Wednesday included the Home Builders/Wells Fargo Housing Market index, which showed sentiment held steady.
Several Federal Reserve officials are also scheduled to speak, including Philadelphia Fed President Patrick Harker speaks at 5:30 p.m. ET. St. Louis Fed President James Bullard spoke Wednesday morning, saying he would be surprised if the central bank did not raise rates next month.
Minneapolis Fed President Neel Kashkari unveiled a plan to tackle "too big to fail" banks in another speech.
U.S crude had risen almost 6 percent on Tuesday after investors' hopes were renewed that OPEC would implement a production cut at a key meeting later in November.
—CNBC's Patti Domm contributed to this report.