US futures point to flat opening after GDP data
Futures on major U.S. stock indices point to flat opening on Wednesday after government data showed that US economic activity grew at a 2.6 percent annual rate in the third quarter.
Consumer spending to spur US economy in 2011: Wells Fargo
The U.S. economy will begin to show signs of improvement in 2011 as major indicators such as housing and consumer spending begin to improve by mid-2011, according to an annual outlook report from Wells Fargo.
US futures pare gains after jobless claims
Futures on major U.S. stock indices point to higher opening on Thursday but pared earlier gains after the Department of Labor reported that weekly jobless claims climbed last week.
Stocks sink on Korean geopolitical tensions, euro zone dent worries
Stocks tumbled on heightened geopolitical tensions in Korea and rising fears about the spread of euro zone debt crisis. Minutes from the last FOMC meeting which revealed disagreements among policymakers over the efficacy of the second round of quantitative easing did not help market sentiment either.
More news
US futures decline as Korean crisis weighs
Futures on major U.S. stock indices point to lower opening on Tuesday after North Korea shelled a South Korean island, triggering worries that the lingering tensions between the countries could worsen.
What exactly is QE2?
Michael Yoshikami, president and chief investment officer of YCMNET Advisors in Walnut Creek, Calif. discusses what exactly QE is, why it may be needed and its potential impact.
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