Briefing.com - 19 minutes agoJuly crude oil is now -0.7% at $97.74/barrel.
Briefing.com - 20 minutes ago[BRIEFING.COM] The S&P 500 trades lower by 1.0% as Chairman Bernanke continues addressing the media. The Dollar Index spiked to session highs just below 81.40 as traders rushed into the greenback following today's FOMC decision, which indicated there are no immediate plans to slow down the pace of asset purchases. The sharp gains in the Dollar Index allowed it to regain its 200-day moving aver...
Briefing.com - 20 minutes agoFOMC policy statement expected at 14:00 ET, Chairman Bernanke to speak at 14:30 ET
MarketWatch - 21 minutes agoNEW YORK (MarketWatch) -- Treasury prices continued to fall Wednesday as Federal Reserve Chairman Ben Bernanke addressed questions from the press following the central bank's policy meeting. The 10-year note yield, which moves inversely to price, rose 11.5 basis points to 2.300%. The 30-year bond yield rose 6.5 basis points to 3.408% and the 5-year note yield rose 14.5 basis points to 1.206%.
MarketWatch - 22 minutes agoNEW YORK (MarketWatch) -- Gold futures extended losses in electronic trade while the U.S. dollar strengthened after Federal Reserve Chairman Ben Bernanke told reporters that the central bank could begin to scale back purchases of government bonds as early as this year if warranted by stronger economic data. August gold declined $6.90, or 0.6%, to $1,360 an ounce, after hitting the lowest level for a most-active contract since May 23, according to FactSet. The dollar gained ground, with the ICE dollar index , a measure of the U.S. unit against a basket of six major currencies, up 0.5% at 80.996. A stronger dollar can weigh on dollar-denominated commodities, making them more expensive to foreign-currency users.
MarketWatch - 23 minutes agoU.S. stocks fall sharply on Wednesday as Federal Reserve Chairman Ben Bernanke repeat any reduction in the central bank's stimulus moves depends on the outlook for the economy.
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MarketWatch - 31 minutes agoThe U.S. dollar rises against most rivals on Wednesday, reversing earlier declines, as the U.S. Federal Reserve said downside risks to the economic and labor-market outlook had diminished.
