Federal Reserve

Newsday's coverage

• Futures rising as Fed gathers in Washington

  U.S. stock futures are rising for the second time in as many days as the Federal Reserve opens its two-day policy meeting in Washington.Dow Jones Industrial futures are up 33 points to 15,154. The broader S&P futures have added 3.4 points to 1,637.10. Na   Read more »

• Oil prices stay steady before 2-day US Fed meeting

  (AP) -- The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting.Benchmark oil for July delivery rose 5 cents to $97.82 per barrel at midday Ba   Read more »

• U.S. stimulus hopes to shore up markets

  Growing expectations that the U.S. Federal Reserve will maintain its current policy stance gave stocks a boost Monday.Concern that the Fed would start reducing the amount of financial assets it is buying has been the main factor behind the volatility tha   Read more »

• Late Wall Street rally shores up markets

  Markets remained volatile Tuesday as investors focused on U.S. economic indicators and whether they make the Federal Reserve more or less likely to change the terms of its monetary stimulus.For the past few weeks, market sentiment has been largely depend   Read more »

• Fed uncertainty keeps weighing on markets

  (AP) -- Uncertainty over the U.S. Federal Reserve's course of action ahead of a run of major economic news kept investors on edge Monday on the first trading day of the month. Turkish shares were faring worst as investors took fright after three days of   Read more »

Around the web

• Markets fear for the beginning of the end

  European shares lurched lower on Wednesday morning as investors awaited an update from the US Federal Reserve that could dictate whether they face a truly tumultuous summer. Anticipation of the central bank’s policy decision later today, followed by a press 17 m ago from Citywire.co.uk Read more »

• Goodbye Bernanke, Thanks For Inflating The Biggest Bond Bubble The World Has Ever Seen

  Reserve Chairman Ben Bernanke is on the way out the door, but the consequences of the bond bubble that he has helped to create will stay with us for a very, very long time. During Bernanke's tenure, interest rates on U.S. Treasuries have fallen to record lows. 26 m ago from Seeking Alpha Read more »

• Hong Kong shares end down 1.1 pct in 1st loss in 4 days

  by dashed hopes for monetary easing in China and pressure on defensive plays ahead of policy statements by the U.S. Federal Reserve. The Hang Seng Index ended down 1.1 percent at 20,986.9 points in its first decline since last Thursday. The China Enterprises 34 m ago from Reuters Mobile Read more »

• Forex - USD/JPY trades higher ahead of Fed news

  U.S. dollar gained some strength against the Japanese yen during Wednesday's Asian session ahead of the conclusion of the Federal Reserve's two-day meeting later Wednesday. In Asian trading Wednesday, USD/JPY rose 0.18% to 95.52. The pair was likely to find 34 m ago from Moneycontrol.com Read more »

• Crude prices won't ease; Brent to retest $110/bbl: Barratt

  crude price is nearing a 10-month high as investors remain cautious ahead of Federal Reserve meet . Jonathan Barratt of Commodity Broking Services sees bleak chances of crude prices cooling off from current levels. Infact he feels if the current resistance 48 m ago from Moneycontrol.com Read more »