Stocks rise after Fed rate hike
Reuters - U.S. stocks rose on Tuesday after the Federal Reserve raised interest rates for a 10th time by a quarter percentage point, in line with Wall Street expectations, and said underlying inflation is contained.
Stocks Rise After Fed Lifts Interest Rates
AP - Stocks rose Tuesday after the Federal Reserve raised short-term interest rates for the 10th time in a row but changed its policy statement to say longer-term inflation expectations are well contained, a longed-for sign that the Fed's streak of rate hikes may be nearing its end.
Stocks mixed;NY markets surge even as Fed boosts rates, indicates more likely
Canadian Press - TORONTO (CP) - The Toronto stock market was hobbled by resource stocks Tuesday while New York markets were sharply higher after the U.S. Federal Reserve delivered a widely-expected quarter point interest rate hike.
Dollar down before expected rate hike
Reuters - The dollar hit two-month lows against the euro and Swiss franc on Tuesday as investors viewed an expected Federal Reserve interest rate hike later in the session as unlikely to offer support for the U.S. currency.
Stocks set to edge up as Fed tops agenda
Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.
Nikkei up, helped by machinery orders
Reuters - The Nikkei share average rose 1.03 percent on Tuesday as investors, shifting their attention to the economy from politics, bought Nikon Corp. and other companies with strong earnings results.
Monday's Wall Street Glance
AP - Dow Jones Industrials
Stocks drop on oil at record $64
Reuters - U.S. stocks slipped on Monday as crude oil climbed to a record $64 a barrel, stoking concerns about the impact of high energy costs on corporate profits and consumer spending, while worries about rising interest rates hurt shares of banks and home builders.
Any lift to stocks from Fed short-lived
Reuters - A better-than-expected jobs report last week squashed hope the Federal Reserve will pause in its campaign to raise interest rates and took away a major catalyst for U.S. stocks in a historically weak month.
European shares rise as techs rally
Reuters - European stocks gained on Monday, led by a rise in Nokia on a media report that Cisco Systems is considering buying the world's top mobile handset maker, while oil prices near record highs lifted Total.
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