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Devin Nunes’ Lawsuit Against Twitter Faces Steep Hurdles, Lawyers Say

The GOP congressman, who accuses the microblogging service of defamation, is seeking $250 million in damages.

49 min ago
 - AFP/Getty Images
The Indian rupee just sent investors a ‘warning’ on emerging markets: analyst

A trading day Tuesday that saw the Indian rupee hit a seven-month high and then retreat offers a warning to investors about emerging markets.

49 min ago
 - Bloomberg News/Landov
Stocks close mostly lower as trade news dominates market action

U.S. stocks close mostly lower Tuesday, with the Dow Jones Industrial Average snapping a four-day winning streak, as investors tried to make sense of a pair of conflicting reports on U.S.-China trade talks.

58 min ago
Treasury yields mostly higher as Fed meeting gets under way

Treasury yields rose slightly Tuesday as a Federal Reserve meeting kicks off.

4:15 p.m. Today
Hedge-Fund Owner Steven Cohen Cuts Stake in Build-a-Bear Stock

Cohen’s Point72 Asset Management sold 2 million shares of the stuffed-toy retailer last week, slashing its stake by two-thirds.

4:13 p.m. Today
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[MIK] Michaels Cos. shares close up 8.4% after earnings beat
4:13 p.m. Today
Dow snaps 4-day win streak ahead of Fed policy update

U.S. stock benchmarks on Tuesday closed mostly lower in a bumpy session, as investors digested news on trade and awaited a policy decision by the rate-setting Federal Open Market Committee due Wednesday. The Dow Jones Industrial Average finished down 0.1% at 25,887, on a preliminary basis. The decline marked the first for the blue-chip gauge in the past four sessions. Meanwhile, the S&P 500 index ended flat at 2,833, while the Nasdaq Composite Index managed a gain of about 0.1% to 7,723. All three benchmarks had been swinging up and down throughout the session. Moves for the equity benchmarks come as the Fed is set to release its policy outlook at 2 p.m. Eastern Time, with that update expected to reaffirm a dovish pivot for the central bank since its last meeting in January. Investors will closely watch the pace of future rate hikes, if any in 2019, and help investors glean when policy makers are slated to end a runoff of a trillion-dollar balance sheet that grew in the aftermath of the 2008-09 crisis. Meanwhile, stocks also reacted to updates related to U.S.-China negotiations, which were said to be nearing a final stage, according to a report from the Wall Street Journal. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin were expected fly to Beijing next week. A separate report from Bloomberg News said that China may walk back early trade agreements, citing sources familiar. In corporate news, the Department of Transportation was investigating the the certification of Boeing's 737 Max jets, which was a focus after a pair of fatal crashes within five months.

4:12 p.m. Today
[FDX] FedEx stock down 3% after company's fiscal Q3 earnings miss
4:05 p.m. Today
[FDX] FedEx fiscal Q3 adj. EPS $3.03 vs. expectations $3.08
4:05 p.m. Today
[FDX] FedEx fiscal Q3 rev. $17 billion vs. expectations $17.6 billion
4:04 p.m. Today
[SPX] Nasdaq finishes up 0.1%
4:01 p.m. Today
[SPX] Dow Jones Industrial Average finished 23 points lower
4:01 p.m. Today
[SPX] S&P 500 was virtually unchanged
4:01 p.m. Today
[SPX] Stocks end mixed as Dow snaps four-day winning streak
4:00 p.m. Today
[DJIA] Nasdaq slips a point to 7,713
3:38 p.m. Today
[DJIA] Dow falls 51 points, or 0.2%, to 25,862
3:38 p.m. Today
[DJIA] S&P 500 drops 4 points, or 0.2%, to 2,827
3:37 p.m. Today

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