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Fed hikes 25bp, opens door to possibility of a pause
The Federal Reserve hiked short-term official interest rates as expected, but left the door open to a pause in its tightening cycle.
Sector movers: Precious metals miners pace gains
Precious metals miners' shares paced gains in the stock market on Wednesday as the US dollar softened a tad heading into the US central bank's policy meeting that was scheduled for after the close of markets in London.
Thursday preview: ECB, Shell in the spotlight
All eyes on Thursday would be on the European Central Bank as policymakers in Frankfurt met to decide on rates.
Europe close: Stocks in the green ahead of Fed rate decision
European shares ended the session modestly higher on Wednesday as the deluge of earnings continued and investors looked ahead to the US Federal Reserve’s next move on interest rates.
US services sector activity strengthens a bit in April, ISM says
Activity in the US services sector picked up a bit last month with both new orders and prices paid rising at an accelerated pace, the results of a closely followed survey showed.
US open: Stocks edge slightly higher ahead of Fed policy announcement
Wall Street's main market indices caught a small bid on Wednesday following the release of a batch of stronger-than-expected economic reports.
US services sector activity strengthens in April, S&P Global says
America's services sector strengthened last month, roughly as expected, the results of a survey revealed.
Superdry raises £12m to finance strategic restructuring
Superdry shares were under pressure on Wednesday after the company went cap in hand to investors to raise fresh funds to finance its turnaround.