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Europe close: Stocks dip amid simmering geopolitical tensions
European stocks were lower on Wednesday as investors were left unimpressed by a key speech from US President Trump and as unrest in Hong Kong continued to escalate.
London close: Stocks dip as investors await clarity on US-China trade war
London stocks ended the day slightly in the red on Wednesday after an eagerly-awaited speech by US President Trump left investors disappointed, while escalating unrest in Hong Kong also weighed on the mood.
Policy settings at an appropriate level, Fed's Powell says
The head of the Federal Reserve sounded a confident note on the economic outlook on Wednesday and appeared to signal that the central bank's monetary policy was likely set to remain at its current level for an extended period.
US core CPI dips unexpectedly in October
The cost of living in the US increased more quickly than expected last month amid rapid increases in food and energy prices, especially for the latter, but stripping out those two categories it surprised to the downside.