MARKET SNAPSHOT: Dow Suffers Worst Selloff In More Than A Year

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

By Anora Mahmudova and Victor Reklaitis, MarketWatch NEW YORK (MarketWatch) -- U.S. stock investors scrambled for the exits on Thursday, sending the Dow Jones Industrial Average down 335 points, its worst one-day point selloff in more than a year. The ...

Fed's Bullard Does Not Comment On Monetary Policy, Economy

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

NEW YORK--Federal Reserve Bank of St. Louis President James Bullard didn't comment on monetary policy or the economy in the text of a speech that opened a research conference at his bank Thursday. Mr. Bullard was scheduled to meet with ...

Chinese Banks Relax Mortgage Rules

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

BEIJING--China's two biggest banks eased mortgage rules on Thursday and will offer lower lending rates for first-time homebuyers, as the government moves to reinvigorate its real-estate sector. Property prices have fallen for five months in a row, marking a downturn ...

LONDON MARKETS: FTSE 100 Erases Gains, Slides For Third Day

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- U.K. stocks moved lower in midday trade on Thursday as initial optimism over dovish minutes from theFederal Reserve was overshadowed by broader worries about the eurozone. The FTSE 100 index lost 0.5% to ...

U.S. Stock Futures Drop After Rally

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

By Chris Dieterich U.S. stock futures slipped on Thursday, pointing to a lower open after the market's biggest one-day gain of the year. Futures on the Dow Jones Industrial Average fell 47 points, or 0.3%, to 16856. S&P; 500 futures ...

U.S. Jobless Claims Fall To 287K

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

WASHINGTON-The number of new claims for jobless benefits fell again last week, the latest sign of an improving labor market. Initial claims for unemployment benefits decreased by 1,000 to a seasonally adjusted 287,000 in the week ended Oct. 4, the ...

CURRENCIES: Dollar Falls Vs. Yen As Fed Minutes Strike Dovish Tone

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

By Hiroyuki Kachi The dollar was lower against the yen on Thursday, after the Federal Reserve's most recent policy-meeting minutes sounded a dovish tone, while weakness in the stock market exerted a drag on the greenback already in the process ...

EU Carries Out Antitrust Raids on Biofuel Sector

TODAY: Jan. 31, 2015 PUB DATE: Oct. 9, 2014

BRUSSELS--The European Commission raided companies producing ethanol for use as a biofuel in two European Union Member States on Tuesday, its antitrust enforcement arm said on Thursday, adding it has concerns about collusion on pricing for benchmarks. "The commission has ...

Russian Parliament Backs Ukraine Sanctions Compensation

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

By Andrey Ostroukh MOSCOW--Russia's parliament gave preliminary approval on Wednesday to a draft law that would allow state compensation to citizens and companies affected by Western sanctions over Ukraine. The legislation would also allow the seizure of property in Russia ...

MARKET SNAPSHOT: U.S. Stocks Rally After FOMC Releases Minutes

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks jumped to session highs, sending the Dow Jones Industrial Average 200 points higher after minutes released from the Federal Open Markets Committee meeting reaffirmed the central bank's ...

MARKET SNAPSHOT: S&P 500 Records Best Gain In A Year

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch)--U.S. stocks scored their biggest one-day gains of the year Wednesday, after minutes of September Federal Open Market Committee meeting reaffirmed the central bank's intent to be prudent in raising interest ...

Russian Consumer Prices Rise 0.2% for Third Straight Week

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

By Andrey Ostroukh MOSCOW--Russian consumer prices rose 0.2% for the third week in a row, boosted by higher food prices, data from the Federal Statistics Service showed on Friday. Inflation in Russia has accelerated in the past few weeks following ...

Poland Cuts Interest Rates Sharply to Lowest Level on Record

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

By Patryk Wasilewski WARSAW--Poland's central bank on Wednesday cut its interest rates deeper than expected, reducing the benchmark rate to 2%, with consumer price inflation near zero and the economy exposed to Russia's ban on a range of Polish food ...

MARKET SNAPSHOT: U.S. Stocks Rebound; Costco Up On Results

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market managed a modest rally on Wednesday, a day after a bout of heavy selling drove the main benchmark down nearly 4% from its peak reached ...

Argentina Seeks to Assure on Civil Code Overhaul

TODAY: Jan. 31, 2015 PUB DATE: Oct. 8, 2014

BUENOS AIRES--President Cristina Kirchner sought to assure nervous Argentines and investors on Tuesday that Argentina's new civil code will respect bank deposits and debts denominated in foreign currencies. When lawmakers in Mrs. Kirchner's ruling coalition started the daunting task of ...