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U.S. job openings fell less than expected in May, pointing to a still tight labor market that could keep the Federal Reserve on an aggressive monetary policy path as it battles high inflation. ...
* Fed lays out plan for tapering bond-buying program (Adds Fed minutes, updates prices)
4 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Boeing falls on record annual loss, to delay 777X jet * Microsoft rises after upbeat quarterly results * GameStop rally quashes hedge funds, sparks short squeeze * Dow down 1.54%, S&P 500 down 1.93%, Nasdaq down 1.64% (Adds Fed statement, changes byline) NEW YORK, Jan 27 (Reuters) - U.S. stocks dropped more than 1% on Wednesday, showing little reaction to the latest Fed statement, as major indexes were weighed down in part by a slump in Boeing and hedge funds selling off l...
28 Jan 2021 / 05:06 H. (Adds Fed meeting, quote, updates prices) By Saqib Iqbal Ahmed and Karen Brettell NEW YORK, Jan 27 (Reuters) - The dollar was boosted by safety buying on Wednesday as investors turned more cautious on worries about the economic impact of the COVID-19, and after the U.S. Federal Reserve expressed concerns about the pace of the economic recovery. Stocks and Treasury yields slipped while the safe-haven U.S. dollar drew buyers. "There are a lot of concerns about the effectiveness of the vaccine roll out in the United States," said Minh Trang, senior FX trader at Silicon Va...