The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&P 500 lost 6.52 points, or 0.15%, to 4,349.93
Wall Street's main indexes climbed after two turbulent sessions and ahead of the outcome of a Federal policy meeting, with a stellar outlook from Microsoft boosting technology stocks
U.S. S&P futures jumped 1.34%, indicating a stronger open on Wall Street, after the S&P 500 index lost 1.22% in the previous session.
MSCI's broadest index of Asia-Pacific shares outside Japan was unchanged, after sharp losses earlier in the week
"Gold's resilience of late is set to be tested by the latest policy signals emanating from the FOMC today," said Extinity analyst Han Tan.
Global shares were mixed on Wednesday, with many investors staying on the sidelines ahead of an update on how aggressively the Federal Reserve will tackle inflation. France's CAC 40 added nearly 1.0 per cent in early trading to 6,903.90, while Germany's DAX gained 1.2 per cent to 15,309.64. Britain's FTSE 100 rose 1.2 per cent to 7,461.86. The future for the Dow industrials climbed 0.3 per cent to 34,287.00. The S&P 500 future was 0.4 per cent higher at 4,367.50. Stocks have gyrated this week as markets focused on whether the US central bank will clarify just how fast it plans to tighten credit and potentially slow the economy. The Fed's two-day meeting wraps up on Wednesday. At the same time, tensions over the Russia and Ukraine tensions continue to grab attention. Ukraine's leaders have reassured their country that an invasion from neighbouring Russia is not imminent but acknowledged the threat is real and received a shipment of US military equipment to shore up their ...
By Stella Qiu and Alun John
The Fed is expected on Wednesday to keep its benchmark overnight interest rate unchanged at the near-zero level
Investors have been unnerved in recent days about the potential for a more hawkish Fed than previously expected
Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India so far this week
Expected interest rate hikes by the US Federal Reserve may delay emerging Asia's economic recovery and keep pressure on policymakers to guard against the risk of capital outflows
The US Fed's signal of raising rates from March is the reason behind the stock markets' volatile start to the year. Let's delve into the market outlook for Indian equities in the near-term
Excessive volatility is likely to continue for a few more days until clarity emerges from the crucial US Fed meeting. The market is discounting a hawkish Fed, analysts said
Dow Jones Industrial Average was down 764.89 points, or 2.23%, at 33,599.61, the S&P 500 was down 115.61 points, or 2.62%, at 4,294.52
The move is attributed to fears over tensions between Russia and the West and the prospect of monetary policy tightening.
Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close
A disappointing start to the corporate earnings season, as well as growing concern about Russia's troop build-up on Ukraine's border and warnings of a possible invasion
Sensex and Nifty indices erased all the gains clocked this year amid soured global sentiment. Another bout of selling can drag over 50% of Nifty500 stocks below their crucial support levels
Broader markets worst hit, BSE SmallCap index slips over 4%; BSE IPO index plunges 7% as Zomato, Nykaa tank up to 20%
Treasury yields have risen in anticipation of tighter policy, with those on the benchmark 10-year Treasury up 40 basis points from recent lows.