Tag: Focus

Dollar wobbles as markets await more Fed clues; RBA meeting in focus

By Kevin Buckland TOKYO (Reuters) – The dollar drifted lower on Tuesday, extending the previous day’s losses against the euro and sterling, as market jitters over the risks of a far-right French government receded. The U.S. currency failed to get a lift from a rise in Treasury yields overnight, with investors awaiting a key retail […]

Congress’ defense fight to focus on pay raises, total military spending

House and Senate lawmakers on Friday offered a preview of this summer’s fight over defense policy changes for next year, with overall military spending and troop pay raises hanging in the balance. Members of the Senate Armed Services Committee unveiled their draft of the massive defense authorization bill Friday morning, just as House lawmakers narrowly […]

US stocks waver near records as focus turns to Fed

Stocks opened lower on Tuesday with the Federal Reserve set to kick off its two-day policy meeting. The S&P 500 (^GSPC) fell about 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) dropped slightly on the heels of fresh all-time closing highs for both indexes. The Dow Jones Industrial Average (^DJIA) was down 0.4%. The major averages […]