Inflation at the wholesale level jumped in April by the largest amount in three months, fueled by rising prices of food and energy.
At one point, Macy’s shares huge drop took the stock below $26 for the first time more in than 5½ years.
Oil prices pared gains after monthly data showed Saudi Arabia pumped more oil in April, though OPEC output fell.
The Bank of England (BOE) held interest rates steady at 0.25 percent, as expected, on Thursday while implementing some widely anticipated modifications to its growth and inflation assumptions over the three-year forecast horizon.
Comey said in a letter to staff that the president had the full authority to fire him.
Most Asian indexes closed higher on Thursday, following a mixed close stateside.
The Senate Select Committee on Intelligence has issued a subpoena for former national security advisor Michael Flynn.
See which companies are making moves after the bell.
Snap has not made great gains in the markets since its IPO, trading mostly below the high of $29.44 in its first week of trading.
Whole Foods Market posted adjusted earnings of 37 cents per share on $3.74 billion in revenue
Equities closed mixed Wednesday as investors digested President Donald Trump's firing of FBI Director James Comey.
Sitting next to Henry Kissinger in the Oval Office, Trump did not explain more about the manner and timing of Comey's ouster.
Democrats have called for a special prosecutor in the Russia investigation after Comey's firing.
Some of the names on the move ahead of the open.
The Obama Treasury secretary says he believes Trump made the final decision to fire the FBI director.
Prices increased more than expected in April amid rising costs for petroleum products and a range of other goods, which could help boost domestic inflation.
The gains are slow and small, but mortgage volume is beginning to improve again, as more homebuyers sign on the dotted line.
China reported consumer prices rose 1.2% year-on-year, above expectations.
Equities in Asia traded sideways in Wednesday trade as investors digested the dramatic dismissal of FBI Director James Comey in the U.S.
The Senate Democratic leader said that such an appointment would be necessary for restoring American people's confidence in the case.