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Fed's Powell: Most US policymakers see two or more rate hikes ahead

In remarks prepared for delivery to a Banco de Espana conference on financial stability in Madrid that largely echoed his recent observations on the economy and the state of policy, Powell did not say when those rates hikes may come. He noted, as he has, that banking stresses that emerged in March "may well lead" to more tightening in credit conditions than would be expected from rate hikes alone.

FTSE 100 suffers as utility sector and higher yields weighs on stocks

FTSE 100 loses 29 points on the day Dow, S&P 500 up, Nasdaq down as GDP beats forecasts  Thames Water has "significant issues" to address: Ofwat 4.45pm:.

Acuity Brands Q3 Profit Tops Estimates; Net Sales Down 5.7%

Acuity Brands, Inc. (AYI) said, in its third quarter, the company continued to grow adjusted earnings per share and generated strong cash flow from operations, despite a decline in net sales.

Dow boosted by banks; upward GDP revision

Dow Jones flat at the open as 1Q GDP is revised higher