These are the stocks posting the largest moves before the bell.Market Insiderread more
"My sense was we've added accommodation and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Democratic candidates face an August 28 deadline to qualify for the September debate.2020 Electionsread more
Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
Software stocks are the place to be in tech as the sector mounts a recovery from its recent pullback, some analysts say.Trading Nationread more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Dow to rise; bond yields tick higher; Fed may be behind the curve; China warns US on trade; and this weekend's G-7 summit seems doomed for failureMarketsread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Office phones, printers, building control systems and more — these may not sound like computers but they can all be hacked according to cybersecurity pros.Technologyread more
Gold steadied after touching a 2-1/2 week low on Wednesday on reports that Republican senators favored John Taylor to become the next head of the U.S. Federal Reserve, which drove U.S. bond yields to multi-month highs.
The Stanford University economist is seen as someone who would raise interest rates at a quicker pace. Gold is sensitive to rising U.S. interest rates because they push up bond yields and tend to strengthen the dollar.
The market was pricing in one rate increase in December and one more next year, while the Fed itself envisaged three rate hikes in 2018 and was likely to move more rapidly than previously expected under Taylor.
While that kept prices of the precious metal under pressure, geopolitical risk pulled bullion prices back from earlier losses. A senior diplomat in North Korea said the foreign minister's warning of a possible atmospheric nuclear test over the Pacific Ocean should be taken literally.
North Korean Minister of Foreign Affairs Ri Yong Ho said in September that Pyongyang may consider conducting "the most powerful detonation" of a hydrogen bomb over the Pacific Ocean amid rising tensions with the United States.
"I don't think the North Korea news makes gold prices sustainably higher, unless these headlines come to some actual conflicts," said Ryan McKay, commodity strategist at TD Securities in Toronto.
Spot gold was up 0.02 percent at $1,276.61 an ounce by 2:47 p.m. ET, after hitting $1,271.11, the lowest since Oct. 6.
U.S. gold futures for December delivery settled up 70 cents, or 0.05 percent, at $1,279 per ounce.
Bullion prices were hovering just above its 100-day moving average at $1,275.
Upbeat U.S. durable goods and home sales data also bolstered the case for interest rate hikes, helping push U.S. 10-year treasury yields to the highest since March and yields on 30-year bills to the highest since May.
A weaker dollar makes dollar-denominated gold cheaper for holders of other currencies, but higher bond yields reduce the appeal of non-yielding bullion, dampening demand.
In other precious metals, silver was down 0.06 percent at $16.93 an ounce.