• 10 things you need to know before the opening bell

    25 days ago - By Business Insider

    Here is what you need to know.
    The Fed is expected to hike rates on Wednesday. Data compiled by Bloomberg shows a 99% chance the Fed will hike rates at the conclusion of its two-day meeting on Wednesday.
    Consumer confidence spikes to its best level since 2000. The Conference Board said Tuesday that its consumer confidence index jumped to 138.4 in September - from 133.4 in August - hitting its best level in 18 years.
    A quirk that's distorted the stock market for 20 years is finally gone. Companies with high-quality credit have traded at a discount to their low-quality peers for the last two...
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  • European shares flat, Asia rises ahead as US rate hike looms

    European shares flat, Asia rises ahead as US rate hike looms

    25 days ago - By Chron

    SINGAPORE - European markets were flat Wednesday following a day of gains in Asia as traders awaited an expected interest rate hike by the U.S. Federal Reserve.
    KEEPING SCORE: In Europe, France's CAC 40 added 0.2 percent to 5,488.09 and Germany's DAX fell 0.1 percent to 12,363.79. Britain's FTSE 100 was flat at 7,506.31. On Wall Street, S&P 500 futures rose 0.2 percent to 2,927.00. Dow futures gained 0.2 percent to 26,552.00.
    ASIA'S DAY: Japan's Nikkei 225 index rose 0.4 percent to 24,033.79. Hong Kong's Hang Seng index, which reopened after a holiday, jumped 1.2 percent to 27,816.87. The...
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  • 10 things you need to know in markets today

    10 things you need to know in markets today

    26 days ago - By Business Insider

    Good morning! Here is what you need to know on Wednesday.
    1. It'd Fed day! With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in US economic growth will prompt the central bank to ramp up the pace of monetary policy tightening. This week's two-day policy meeting could mark the formal end of the "accommodative" level of rates the Fed has used to support the American economy since the onset of the 2007-2009 recession. Citigroup says to be prepared for a dovish rates announcement.
    2. China's state...
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  • 10 things in tech you need to know today

    10 things in tech you need to know today

    26 days ago - By Business Insider

    Good morning! This is the tech news you need to know this Wednesday.
    The departure of Instagram's founders from Facebook follows a history of clashes between the two companies. Instagram insiders felt like they were losing autonomy after Facebook pushed for greater integration.
    Qualcomm accused Apple of stealing its secrets and giving them to its top rival. In a filing on Tuesday, Qualcomm said that it saw evidence in discovery that Apple took its trade secrets, including code, and gave it to Intel engineers to help them develop a replacement chip for iPhones.
    Google has named a new chief...
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