Stocks, Stock Market | featured news

The Federal Reserve wanted to push interest rates lower and jump-start financial markets with its $600 billion economic stimulus plan. So far the Fed is getting the results it wants.

Investors are awaiting the outcome of the midterm elections and the Federal Reserve’s two-day meeting amid speculation over stimulus programs.

A crucial manufacturing index rose in October, but attention could be fleeting as traders turn to the midterm elections and the Fed meeting.

Shares were down after a disappointing report on home prices. Traders also took in a mixed batch of earnings in the United States and Europe.

Stocks rallied Wednesday as investors continue to anticipate more stimulus measures from the Federal Reserve.

Traders tiptoed around stocks early Friday as they absorbed the government's jobs report, but the market flipped a switch mid-morning and settled into a rally mode that pushed the major indexes up to their best levels since May.

Stocks rose Tuesday following news that activity expanded in the U.S. services sector last month.

ChinaCache International Holdings, a provider of Internet content, soared 95% on its Nasdaq trading.

Spot bullion hit on Friday a nominal record of $1,282.75 a troy ounce in London, up 3 per cent on the week, making a gain of 17 per cent this year

The tone for Wall Street’s retreat was set before the opening bell with markets in Asia and Europe also falling.