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Bernanke says more progress needed before stimulus pullback
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday. A decision to...Tags: Economy, Business and Finance, Productivity, European Debt Crisis, Labor Day, Dwayne Johnson
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Wall St trastabilla en sesión volátil tras comentarios de la Fed
ReutersPor Angela Moon NUEVA YORK, 22 mayo (Reuters) - Las acciones cerraron en baja el miércoles en la bolsa de Nueva York y el Ãndice S&P 500 sufrió su mayor caÃda en tres semanas, tras minutas de la última reunión de la Reserva Federal que mostraron...Tags: Stock Market, Ben Bernanke, Hewlett-Packard Co., Financial Markets, Nasdaq Composite
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Gross de PIMCO dice Fed probablemente reducirÃa estÃmulo en septiembre: CNBC
ReutersNUEVA YORK, 22 mayo (Reuters) - Bill Gross, copresidente de inversiones del gigante de bonos PIMCO, dijo el miércoles que la Reserva Federal de Estados Unidos probablemente comenzarÃa a reducir su estÃmulo monetario en septiembre y que los inversores...Tags: CNBC (tv network), Ben Bernanke
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Nikkei set to pull back from 5-1/2-year highs on Bernanke remarks
ReutersTOKYO, May 23 (Reuters) - Japan's Nikkei average is expected to retreat from a 5-1/2-year high on Thursday after U.S. Federal Reserve chief Ben Bernanke suggested the central bank could scale back stimulus in coming months. The Nikkei is likely to...Tags: Weather Reports, Photography and Video, Japan, Mitsubishi Motors Corp., Weather
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NYMEX-Oil falls to around $94 on gasoline stocks, Fed concerns
ReutersPERTH, May 23 (Reuters) - U.S. crude futures prices dropped to around $94 a barrel on Thursday after data showing U.S. gasoline supplies rose and on concerns that the U.S. Federal Reserve may curtail its bond-buying stimulus later this year. FUNDAMENTALS...Tags: Petroleum Industry, HSBC Holdings plc, China, Unrest, Conflicts and War, Bashar Assad
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Indian stocks to watch-May 23
ReutersMay 23 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange are 0.5 percent down and the MSCI-Asia Pacific index excluding Japan is 1.5 percent lower. * Japanese government bond prices dived and 10-year JGB futures tumbled a full...Tags: Stock Market, Economy, Business and Finance, Japan, Petroleum Industry, Finance
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Average U.S. 401(k) balance tops $80,000, up 75 pct since 2009
ReutersBOSTON, May 23 (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based...Tags: Stock Market, Employees, 401K, Career and Workplace
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GLOBAL MARKETS-Bernanke comments spur volatility, but stocks, dollar gain
Reuters* Dollar index up slightly after Bernanke * Stock markets up around the world, S&P at new high * Treasuries lower on comments on possible tapering * Crude oil tumbles after jump in supplies By Ryan Vlastelica NEW YORK, May 22 (Reuters) - Stocks, bonds...Tags: Stock Market, Economy, Business and Finance, Stock Activities, Japan, Money and Monetary Policy
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US STOCKS SNAPSHOT-Wall Street pares gains, Nasdaq negative
ReutersNEW YORK, May 22 (Reuters) - U.S. stocks pared gains on Wednesday as traders continued to digest Congressional testimony by Federal Reserve Chairman Ben Bernanke, including the timeline for ending or slowing the Fed's massive economic stimulus program....Tags: Stock Market, Stock Activities, NASDAQ, Ben Bernanke, Federal Reserve
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GLOBAL MARKETS-Asian stocks supported by Fed reassurance; BOJ stands pat
Reuters* Some Asian stock markets buoyed by record highs on Wall St * Fed officials play down speculation of ending stimulus anytime soon * BOJ keeps policy unchanged as expected * JGB futures dip after BOJ, Nikkei stays firm By Masayuki Kitano and Vidya...Tags: Stock Market, Japan, Shinzo Abe, Auto Trends, Money and Monetary Policy
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GLOBAL MARKETS-Dollar, German bond yields ease before Bernanke
Reuters* Dollar index dips 0.1 pct, German bond yields ease * Markets bets on 'no-change' signal from Fed chief * European shares ease off multi-year highs * Gold, copper gain on hopes of Fed support By Richard Hubbard LONDON, May 22 (Reuters) - The dollar...Tags: Stock Market, Japan, Petroleum Industry, Ben Bernanke, Foreign Exchange Market
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Too soon to dial back Fed stimulus: Dudley
Reuters(Reuters) - It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank...Tags: Prices, Employment Opportunities, Economy, Business and Finance, Labor Markets, Employment
May 22, 2013
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