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Wall Street Ends Lower as Fed Minutes Show Rate-Hike Concern

2015-02-19 02:32:33| Chemicals - Topix.net

The Dow and S&P 500 ended barely lower on Wednesday after a drop in energy shares but declines were limited by minutes from the latest Federal Reserve meeting, which showed policymakers are concerned about raising interest rates too soon. Exxon Mobil, which fell 2.2 percent to $91.01, was the biggest drag on both the S&P 500 and Dow following an explosion and fire at an Exxon refinery near Los Angeles and a drop in crude oil prices.

Tags: show street minutes lower

 

Fed 'unlikely' to raise rates soon

2015-02-18 21:39:38| BBC News | Business | UK Edition

Officials at the Federal Reserve are unlikely to raise interest rates soon, the latest minutes from the bank's January meeting have revealed.

Tags: rates raise fed

 
 

The Dollar Is Starting To Hurt Multinationals, And The Market's Response To The Fed Was Ominous

2015-01-30 11:36:22| Jewelry - Topix.net

We have said repeatedly these past few months that outlier strength in the mighty US dollar could be a bull market killer. Now everyone from Microsoft to Dupont to Procter & Gamble to Tiffany's has cited the strong USD in their weakened profit outlooks.

Tags: to the was starting

 

UK to get fed an Aussie-style breakfast

2015-01-29 23:22:09| Food - Topix.net

Weet-Bix maker Sanitarium is taking on Weetabix, the largest player in the 1.2 billion UK cereal market, by targeting British consumers who skip breakfast. In its first move outside Australia and New Zealand, Sanitarium has set up a joint venture with Melbourne-based finance and investment company Wingate to launch its market-leading liquid breakfast product, Up&Go, in UK supermarkets.

Tags: breakfast fed

 

Global stocks, oil stabilize after Fed statement

2015-01-29 23:20:37| Energy - Topix.net

Global shares and the price of oil stabilized on Thursday during European trading hours after the Federal Reserve issued a reminder it is still on track to raise interest rates this year. KEEPING SCORE: Germany's DAX rose 0.2 percent to 10,734.45 and France's CAC-40 gained 0.3 percent to 4,625.36.

Tags: statement global oil fed

 

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