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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

Latest news

AIG shareholders approve $9.58 million for ex-CEO's 2016 compensation

Reuters - Last Update:

- American International Group Inc (AIG.NaE) shareholders on Wednesday approved the company's 2016 compensation for executives, including the insurance giant's former chief executive, Peter Hancock.

More latest news

Monsanto profit tops expectations as soybean sales surge

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Meat processor cuts deal with ABC in 'pink slime' defamation case

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Meat processor cuts deal with ABC in 'pink slime' defamation case

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Meal-kit company Blue Apron slashes IPO valuation expectations

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Despite weak oil prices, OPEC still pockets more dollars

Reuters -

UK

FTSE 100 ends at 7-week low as pound jumps

MarketWatch - Last Update:

By Carla Mozee and Victor Reklaitis, MarketWatch. U.K. house prices reverse declines with 1.1% rise. U.K. blue-chip stocks finished with losses Wednesday, hit by a surge in the pound and as shares in asset managers weighed on the index in the wake of new rules for the industry.

Europe

European stocks finish at 2-month lows as central banks jolt currencies

MarketWatch - Last Update:

French consumer confidence at 10- year high. European stocks on Wednesday closed a topsy-turvy session at a two-month low, with the euro pulled lower intraday while the pound leapt as investors reassessed policy stances at both the European Central Bank and the Bank of England. The Stoxx Europe 600 closed down less than 1 point at 385.82, but that still represented the lowest close since April 21. Financial, consumer services and oil and gas shares finished higher, but health care,...

More UK articles

FTSE 100 ends lower as retailers lose ground

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FTSE 100 breaks 4-day losing streak as oil rallies

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FTSE 100 finishes with fourth straight loss as oil worries linger

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FTSE 100 trims losses into the close as oil rises

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More Europe articles

Euro leaps after Draghi speaks, sending European stocks to 2-month closing low

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European stocks finish higher, helped by Italian banks, Nestlé

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European stocks close at lowest in a week as oil shares sag

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European stocks log tiny gain as oil shares recover

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US

AMD's stock falls as Nvidia's upcoming cryptocurrency GPUs pose a threat

MarketWatch - Last Update:

Nvidia to release cryptocurrency-specific graphics cards during third quarter. Advanced Micro Devices Inc.' s stock fell Wednesday, bucking the sharp gains enjoyed by its peers and the broader stock market, amid growing concerns that cryptocurrency miners may start going elsewhere for their graphics cards. The chip-maker's stock dropped as much as 2.3% intraday before paring losses to be down 0.3% in midday trade.

Asia

Asian stocks pull back on U.S. tech declines, eurozone worries

MarketWatch - Last Update:

Tech stocks slide in Taiwan, South Korea. Stock selling eased in the Asia-Pacific region Wednesday after overnight declines in the U.S. and Europe on worries the European Central Bank would reduce monetary stimulus. ECB chief Mario Draghi hinted at a reduction of its ultra-easy policies as the continent's economy has shown signs of acceleration this year.

More US articles

Wednesday's $90 million Powerball drawing could be last for budget-hobbled Illinois

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Central Banks Give Sleepy Markets a Wake-Up Call

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European stocks finish at 2-month lows as central banks jolt currencies

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An obscure accounting change could boost Amazon, Starbucks, Wal-Mart profits by hundreds of millions of dollars

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More Asia articles

Asian markets mostly higher, boosted by stronger dollar

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Asian markets gain, thanks to tech stocks and commodities

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China stocks fall after increased banking scrutiny; Nikkei flat

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Chinese shares swing lower, led by financials

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