EUROPE MARKETS: European Stocks Climb After Strong U.K., Chinese Data

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets rallied on Wednesday, after U.K. jobs data showed more people are finding jobs, and Chinese economic-growth data beat forecasts. The Stoxx Europe 600 index rose 1.2% to 342.51, recovering from ...

MARKET SNAPSHOT: U.S. Stocks: Futures Rise; PPI Up In June

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stock futures pushed higher on Wednesday as investors focused on earnings news as well as a number of economic releases. Gains for Apple Inc., IBM Corp. and Intel ...

EUROPE MARKETS: European Stocks Jump After Strong U.K., Chinese Data

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch)--European stock markets rallied on Wednesday, after U.K. data showed more people are finding jobs, and Chinese economic-growth data beat forecasts. The Stoxx Europe 600 index rose 1.3% to close at 342.97, marking the biggest ...

CURRENCIES: Pound Rises To 22-month High Against The Euro

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Joseph Adinolfi, MarketWatch NEW YORK (MarketWatch) -- The pound rose to its strongest level in 22 months against the euro on Wednesday, as U.K. data showed unemployment there had fallen to its lowest point since 2008, a sign that ...

Detroit Museum Raises Nearly $27 Million to Help Stave Off Sale

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Matthew Dolan Some of Detroit's largest corporations pledged nearly $27 million Wednesday in a campaign to save the Detroit Institute of Arts from sale during the city's municipal bankruptcy case. New donors included mortgage lender Quicken Loans, DTE Energy, ...

BHP CEO Favors Stronger Ties With China

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

SYDNEY-- BHP Billiton Ltd.'s chief executive has said closer trade links between Australia and China, including fewer barriers to foreign investment, would be good for the Australian economy, which has slowed as a decadelong commodity boom fades. "I think it ...

Euro-Zone Trade With Russia Down Sharply

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Paul Hannon The euro zone's surplus in its trade in goods with the rest of the world rose in May compared with the same month last year, as exports rose. However, figures released by the European Union's statistics office ...

EU to Expand Sanctions to Some Russian, Ukrainian Companies

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Matthew Dalton BRUSSELS--European Union leaders on Wednesday agreed to expand the bloc's sanctions to include Russian and Ukrainian companies that are helping destabilize Ukraine, a European diplomat said. The leaders at their summit here determined that Russia hasn't met ...

U.S. Escalates Sanctions on Russia Over Ukraine -- Update

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By William Mauldin WASHINGTON--The Obama administration escalated its sanctions against Russia over its alleged interference in Ukraine, imposing restrictions on the Russian state-controlled oil giant OAO Rosneft and other top firms. The move follows weeks of U.S. threats that Russia ...

MARKET SNAPSHOT: Dow Hits Intraday Record; Apple, IBM Drive Gains

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The Dow Jones Industrial Average entered record territory again Wednesday, buoyed by better-than-expected earnings and corporate news. Gains for Apple Inc., IBM Corp. and Intel Corp. were driving gains ...

U.S. Producer Prices Tick Higher--Update

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Jonathan House WASHINGTON--A gauge of U.S. inflation ticked higher last month, a new sign of slowly mounting price pressures in the economy. The producer-price index for final demand, which measures changes in the prices firms receive for their goods ...

U.S. Producer Prices Tick Higher--2nd Update

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Jonathan House WASHINGTON--A gauge of producer-price inflation ticked higher last month, a new sign that consumer prices could be slowly moving closer to the Federal Reserve's target rate. The producer-price index for final demand, which measures changes in the ...

BRICS Create $100 Billion Emergency Reserve Fund

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

BEIJING--China's central bank said Wednesday that China has signed a deal to create a $100 billion emergency reserve fund with other BRICS countries to help each other solve liquidity needs. The People's Bank of China governor Zhou Xiaochuan, on behalf ...

Asian Shares Mixed Ahead of China Data

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

Asian stocks were mixed early Wednesday, with markets only making small moves, as investors waited for Chinese growth data. The update on the health of China's economy will be released later in the session, along with industrial output figures and ...

UK Joblessness Falls But Wage Growth Slows

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

By Jason Douglas LONDON--Unemployment in the U.K. fell in May but pay growth remained exceptionally weak, potentially easing pressure on the Bank of England to raise interest rates. The Office for National Statistics said unemployment fell by 121,000 in the ...

UK Joblessness Falls But Wage Growth Slows

TODAY: Oct. 31, 2014 PUB DATE: July 16, 2014

LONDON--Unemployment in the U.K. fell in May but pay growth remained exceptionally weak, potentially easing pressure on the Bank of England to raise interest rates. The Office for National Statistics said unemployment fell by 121,000 in the three months to ...