Market Pulse - Usa
Director dealings: IG Design chief executive cuts stake
IG Design chief executive Paul Fineman divested 2. 08m ordinary shares in the AIM-listed greetings card maker on Wednesday.
Microsoft turns in slightly lower than expected Q4 revenues
Microsoft revealed slightly lower than expected revenues in the fourth quarter of its trading year, sending the stock lower in after-hours trading.
Facebook surges in after-hours following Q4 earnings beat
Social media giant Facebook topped estimates for quarterly revenues and profits after the bell on Wednesday, boosted by solid growth over at Instagram and an increase in advertising revenues.
Tesla beats revenue estimates, falls short on earnings
Tesla shares dropped in extended trading after the firm posted a fourth-quarter profit that fell short of expectations but beat on revenues.
US close: Stocks rally following Powell conference
US stocks closed considerably higher on Wednesday following well-received quarterly numbers from tech giant Apple and chipmaker AMD.
Commodities: WTI, gasoline jump on latest DoE data
Energy was the strongest segment of the commodity market on Wednesday, on the back of the latest official US crude oil inventory figures and later in the session by a large move lower in the Greenback after the US central bank sounded a more dovish than expected note on policy.
Fed says it will be patient and flexible when deciding next moves
Central bankers said on Wednesday that they would be "patient" in future when determining what changes in monetary policy were needed to meet their objectives for growth and inflation, dropping the reference to a "gradual" pace of interest rate hikes.
Weekly US crude oil stockpiles rise by less than expected
US crude oil stockpiles increased by less-than-expected last week, held back by another decline in the country's net imports but buoyed by fewer inputs to refineries.
McDonald's tops estimates despite slowdown in the US
McDonald's beat the Street on earnings and revenues for its latest quarter on Wednesday, boosted by solid growth overseas.
US open: Stocks go green following results from Apple and AMD
US stocks opened higher on Wednesday following well-received quarterly numbers from tech giant Apple and chipmaker AMD, and ahead of the latest policy announcement from the Fed and renewed Sino-US trade talks.