Wall Street stocks took news of US President Donald Trump's shock firing of FBI director James Comey in stride Wednesday, with the S&P 500 and Nasdaq finishing with modest gains.
President Donald Trump on Tuesday signed into law a measure scrapping anticorruption regulations long opposed by the oil industry.
Wall Street stocks fell modestly and the dollar advanced after the Federal Reserve Wednesday lifted its benchmark interest rate for only the second time in a decade.
The US Federal Reserve on Wednesday raised the benchmark interest rate by a quarter percentage point as expected, citing an improving economy with one month to go before President-elect Donald Trump takes office.
(AFP ) European equities surged and US stocks hit fresh records Wednesday in anticipation the European Central Bank will extend its stimulus, and amid optimism about the American economy after the presidential election.
Federal prosecutors have begun a probe into the Wells Fargo bogus accounts scandal, the Wall Street Journal reported Wednesday.
The dollar strengthened Wednesday against major currencies, including the euro and the pound, following the release of encouraging jobs data.
Strong US retail sales lifted the Dow to a fourth straight record Friday as global equity markets finished a big week of gains on a muted note.
The pound surged Thursday after the Bank of England unexpectedly left interest rates unchanged following the Brexit vote but signaled a rate cut could come at its August meeting.
Ratings agency Standard & Poor's removed the United Kingdom's coveted AAA status on Monday because of its vote to leave the European Union, downgrading it by two notches with a long-term negative outlook.