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Updated: 42 min 29 sec ago
U.S. equity markets came under renewed selling pressure as the consumer discretionary and technology sectors saw steep declines.
General Electric Co. confirmed reports that it will move its corporate headquarters to Boston from Fairfield, Conn., a process that could take more than two years.
U.S. wage growth remains stubbornly weak across much of the U.S. even as labor markets continue to tighten, the Federal Reserve reported Wednesday.
General Electric Co is set to move its global headquarters to Boston from its current location of Fairfield, Connecticut, the Boston Globe reported on Wednesday, citing a source familiar with the situation.
GM raised its earnings expectations for 2016 and lifted its quarterly dividend, saying the rollout of new products and additional growth in China will buoy the automaker.
Global oil prices gave up strong gains on Wednesday after a weekly stockpile data from the Energy Information Administration.
Oil prices turned slightly lower on Wednesday after the U.S. Energy
Apple Inc.'s stock rose 0.4% in morning trade Wednesday, putting it on an early track to post a fourth-straight gain.
U.S. stocks opened higher on Wednesday, extending gains to a third straight day as higher oil prices lifted sentiment.
Goldcorp Inc.'s stock slumped 1.2% in premarket trade Wednesday, after the gold miner was downgraded at Credit Suisse, which cited potential headwinds from a CEO transition and concerns over the production outlook.
Global and U.S. economic growth may be slipping and force the Federal Reserve into a more gradual course of rate hikes than officials currently expect.
The expectation from the Federal Reserve's own forecasts of four quarter-point interest rate hikes in 2016 is a "reasonable estimate," but such a forecast does have "downside risks," said Boston Fed President Eric Rosengren on Wednesday.
General Motors Co.'s stock jumped 5% in premarket trade Wednesday, after the auto maker raised its 2016 profit outlook and its quarterly dividend by 6%, and increased its stock repurchase program by $4 billion.
General Motors said it will return cash to shareholders by raising its stock buyback program by 80 percent to $9 billion and increasing its dividend by 6 percent.
U.S. crude prices rose 2% as positive Chinese trade data and an unexpected draw in weekly U.S. crude oil inventories gave investors reasons to buy crude futures.
General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France.
International Business Machines was granted the most U.S. patents for the 23rd year in a row in 2015.
China's central bank held the line on its yuan for a fourth straight session.
No. 3 U.S. railroad CSX on Tuesday said the weak global economy and U.S. industrial markets would weigh on results in the coming year.
Shares in U.K.-listed Premier Oil PLC were halted for trade on Wednesday after the company requested a suspension ahead an "announcement of a potential acquisition of assets."