"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
U.S. stock index futures turned lower after China said it needed to have further discussions before it would sign off on the so-called phase one trade deal President Trump...US Marketsread more
Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for their work in fighting global poverty, the Royal Swedish Academy of...World Newsread more
Boeing's board removed CEO Dennis Muilenburg as chairman amid the fall out of two 737 Max crashes that killed 346 people.Aerospace & Defenseread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
Check out the companies making headlines after the bell:
Veeva Systems shares jumped over 7 percent during after-hours trading Wednesday as the company beat expectations for its third-quarter earnings. The cloud-computing company reported earnings of 45 cents a share on revenue of $225 million. Analysts expected earnings of 38 cents a share on $216 million, according to a consensus estimate from Refinitiv.
Veeva's fourth-quarter guidance came in above estimates. The company expects earnings per share of 40 cents versus 37 cents analysts expected. Revenue is expected to be between $226 million to $227 million.
Tribune Media jumped 6 percent in the extended session after Reuters reported that Apollo Management and Northwest Broadcasting are partnering to make a bid for the media company.
Shares of Guess plummeted over 10 percent after the retailer reported earnings of 13 cents a share, 3 cents below analysts' expectations. The company reported $605 million in revenue, beating expectations of $603 million. The company's fourth-quarter guidance was in line with expectations.
La-Z-Boy shares climbed more than 8 percent as the company beat expectations in second-quarter earnings. It reported earnings of 48 cents per share. Analysts expected 43 cents per share. The furniture manufacturer reported $439 million in revenue versus $434 million expected.
Box shares rose over 3.5 percent after the company reported narrower-than-expected losses of 6 cents per share. Wall Street predicted losses of 7 cents a share. The cloud content management company also beat revenue expectations, reporting $155.9 million versus $154.6 million expected. Box's fourth-quarter guidance was roughly in line with estimates.
Altria shares rose 1 percent after the Wall Street Journal reported the tobacco company is in talks to take a significant minority stake in e-cigarette company Juul. A deal is unlikely for several weeks, the Journal reported.