U.S. stocks extend gains on Fed language; Dow rises 0.64%

U.S. stocks carried Wednesday's gains into Thursday as investors applauded a Federal Reserve decision to keep benchmark interest rates low for some time to ensure the economy continues to strengthen. At the close of U.S. trading, the Dow 30 rose 0.64%, the S&P...

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U.S. initial jobless claims fall by 36,000 to 280,000 last week

The number of people who filed for unemployment assistance in the U.S. last week fell to the lowest level in seven years, fuelling optimism over the strength of the labor market, official data showed on Thursday. Analysts had expected jobless claims to fall by 11,000 to...

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Rite Aid, Pier 1 slide; futures rise on Fed support

NEW YORK (Reuters) - Shares of Rite Aid Corp (N:RAD) were falling early Thursday, in the highest volume so far on the New York Stock Exchange, after it cut its full-year profit forecast for a second time this year and lowered the top end of its sales forecast. Shares of the...

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European stocks push higher, Fed statement supports; Dax up 0.96%

European stocks pushed broadly higher on Thursday, as the Federal Reserve's latest policy statement continued to support equity markets. The Fed reiterated on Wednesday that it expects rates to remain on hold for a "considerable time", after its bond purchasing program ends,...

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European stocks mostly higher after Fed statement; Dax up 0.32%

European stocks were mostly higher on Thursday, after the Federal Reserve's latest policy statement lent support, while markets awaited the outcome of an upcoming vote on Scottish independence. In its monthly policy statement, the Fed reiterated that it expects rates to...

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SNB leaves interest rate unchanged, maintains EUR/CHF floor at 1.20

The Swiss National Bank kept its benchmark interest rate unchanged and reaffirmed its commitment to the minimum exchange rate of CHF1.20 per euro, it announced on Thursday. In a statement, the SNB said it was keeping its benchmark interest rate unchanged at 0.0%, in line...

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Subdued Price Action as Fed Week Kicks Off

After a quiet week where market participants digested the previous weeks’ employment data in the US, along with fresh accommodating monetary policy measures from the ECB, economic and political event risks pushes its way to the forefront of investors’ minds as the calendar...

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Dollar soars to six-year peak on yen after Fed, Tokyo stocks cheer

SYDNEY/TOKYO (Reuters) - Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve's outlook for rising rates underlined the diverging path between the United states and the rest of the rich world. In other regional...

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