Wall Street edges down in volatile post-Fed trade
NEW YORK - Stocks edged lower on Wednesday after the Federal Reserve acted to aid the fragile economy with stimulus measures that were in line with market expectations but went no further. | Video
Recent Business News
Templeton's Hasenstab says euro zone crisis a "blessing"
CHICAGO - Michael Hasenstab, who runs the $57 billion Templeton Global Bond Fund , said on Wednesday that the European debt crisis is a "blessing in disguise" and criticized the dollar as a safe haven.
Starbucks plans to open Tazo tea store this year
- Starbucks Corp plans to open a Tazo tea store in Seattle as early as this fall, adding another concept to its growing stable of retail brands that are moving the company beyond its core coffee business.
Hublot chairman sees U.S. sales rising, more stores
- Hublot expects U.S. sales to represent a growing portion of the Swiss luxury watchmaker's global revenue in the coming years, helped by new stores and tourism at hubs like Miami and Las Vegas, Chairman Jean-Claude Biver said.
P&G cuts forecast, will focus on big businesses
CHICAGO/LONDON - Procter & Gamble Co took the blame on Wednesday for a lack of big new products and not being quick enough to cut costs as it deals with persistent slowing demand in Western Europe, the United States and China.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 12,824.39 |  -12.94 |
-0.10% |
| S&P 500 | 1,355.69 | -2.29 |
-0.17% |
| NASDAQ | 2,930.45 |  +0.69 |
+0.02% |
| TR US Index | 122.58 | -0.19 |
-0.16% |
Sector Summary
| Energy | -0.30% |
| Basic Materials | +0.01% |
| Industrials | +0.06% |
| Cyclical Goods & Services | +0.31% |
| Non-Cyclical Goods & Services | -0.18% |
| Financials | +0.69% |
| Healthcare | -0.09% |
| Technology | +0.28% |
| Telecoms | -0.00% |
| Utilities | -0.18% |
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