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Dow Jones Industrial Average : U S stocks edge up after Fed minutes, bonds steady, dollar firm

Dow Jones Industrial Average : U S stocks edge up after Fed minutes, bonds steady, dollar firm
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

US stocks edge up after Federal Reserve minutes, bonds steady, dollar firm

By Alwyn Scott NEW YORK (Reuters) -U.S. Treasuries prices maintained gains on Wednesday, holding down yields, and two stock indexes notched record highs after minutes from the Federal Reserve s latest meeting largely confirmed market expectations. The dollar remained firm. At a mid-June meeting, Fed officials said substantial further progress on economic recovery was generally seen as not having yet been met, although participants expected progress to continue, according to the minutes. Various participants at the session still felt conditions for curbing the bond-buying that is supplying markets with cash would be met somewhat earlier than they had anticipated, while others saw a less clear signal from incoming data, said the minutes.

L Europe finit dans le vert, Wall Street hésite en attendant la Fed

L Europe finit dans le vert, Wall Street hésite en attendant la Fed
challenges.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from challenges.fr Daily Mail and Mail on Sunday newspapers.

After vowels, abrdn loses capital letter in brand revamp

Message : Required fields LONDON (Reuters) - British investment manager abrdn, formerly Standard Life Aberdeen, is dropping the capital letter from its name, it said on Monday as it rolled out a branding revamp. Abrdn received a large amount of publicity, much of it negative, when it announced name change plans in April. Stephen Bird, CEO of abrdn, said the asset manager had in addition decided to drop the capital A following positive feedback on a lower-case name from clients and employees. All the changes take effect from Monday. Branding had to be simple, clear and distinctive, Bird told Reuters. The asset manager, a sponsor of the Scottish Open golf tournament and Edinburgh International Festival, said the name would be pronounced Aberdeen.

With European recovery in sight, property investors bank on the office

With European recovery in sight, property investors bank on the office
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