Eastman Kodak Co. (KODK) said late Wednesday that its Chief Executive Jeffrey Clarke is stepping down. Kodak stock was flat after hours. The company said it was appointing board chairman Jim Continenza as Kodak's executive chairman and that Continenza would assume the responsibilities of Clarke.
* U.S.-China trade talks continue in Washington. * Fed flags end to balance sheet runoff, * Indexes: Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq up 0.03 pct. By Caroline Valetkevitch.
By Sue Chang and Chris Matthews, MarketWatch. Minutes show' almost all' officials wanted to stop reduction of balance sheet. Stock indexes closed moderately higher Wednesday, with the Nasdaq up for an eighth session in a row, following the release of minutes from the Federal Reserve's January meeting, which showed the policy-setting committee was split on the path for interest rates.
U.S. stocks finished higher Wednesday after minutes from the Federal Reserve's January meeting showed central bankers were divided on raising rates further in 2019. The Dow Jones Industrial Average rose 63 points, or 0.2%, at 25,954, the S&P 500 index climbed 0.2% at 2,785, on a preliminary basis. Meanwhile, the technology-laden Nasdaq Composite Index finished little changed at 7,489, but enough to extend a rally to an eighth straight session, on a preliminary basis.
U.S. stocks ended higher on Wednesday as the release of the Federal Reserve's minutes from its January meeting showed policymakers thought pausing on U.S. interest rate hikes posed little risk.
Bear markets' never ever' begin when A/D line is hitting all-time highs: analyst. One widely used signal of the health of the stock market has hit an all-time high, potentially setting the stage for a further rally by U.S. equity benchmarks, say technical analysts. The New York Stock Exchange's advance/decline line touched an all-time high on Wednesday, as seen in the chart below from StockCharts:.
* U.S.-China trade talks continue in Washington. * Indexes: Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq down 0.06 pct. By Caroline Valetkevitch. U.S. stocks were mostly higher in volatile late-afternoon trade on Wednesday as the release of the Federal Reserve's minutes from its January meeting showed policymakers thought pausing on U.S. interest rate hikes last month posed little risk.
U.S. stocks maintained a modest advance Wednesday after minutes from the Federal Reserve's latest meeting showed officials expressed greater concern about risks to economic growth, prompting them to signal a halt to interest-rate increases. The Dow Jones Industrial Average climbed 51 points, or 0.2%, to 25942. The S&P 500 edged up 0.1%. Both benchmarks entered the day up about 11% for the year, putting the Dow industrials just 3.5% below last year's record and the S&P about 5% off...
U.S. stocks maintained a modest advance Wednesday after minutes from the Federal Reserve's latest meeting showed officials expressed greater concern about risks to economic growth, prompting them to signal a halt to interest rate increases. The Dow Jones Industrial Average was recently up 30 points, or 0.1%, at 25921. The S&P 500 was also up 0.1%. Both benchmarks entered the day up about 11% for the year, putting the Dow industrials just 3.5% below last year's record and the S&P...
* U.S.-China trade talks continue in Washington. * VIX earlier dropped to lowest in over 4 months. * Indexes: Dow down 0.1 pct, S&P down 0.1 pct, Nasdaq down 0.4 pct. By Caroline Valetkevitch.
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