 | | | | The S&P 500 ended little changed on Wednesday but off its session lows after the Federal Reserve said the U.S. economic recovery remains on track and Chair Jerome Powell said the central bank was still a ways away from considering raising interest rates. | | | | | | Tesla Inc (TSLA.O) showed signs of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. | | | | | | The S&P 500 ended little changed on Wednesday after Federal Reserve Chair Jerome Powell said the central bank was still a ways away from considering raising interest rates. | | | | | | PayPal Holdings Inc (PYPL.O) reported better-than-expected quarterly results on Wednesday, benefiting from a pandemic-driven shift to online shopping and digital transactions and a rise in consumer spending as economies reopen. | | | | | | Ford Motor Co (F.N) on Wednesday boosted its 2021 profit forecast after reporting better-than-expected quarterly results. | | | | | | Facebook Inc (FB.O) said on Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly," sending the social media giant's shares down about 5% in extended trading. | | | | | | German leisure airline Condor said on Wednesday it would order 16 Airbus (AIR.PA) A330neo jets to replace a wide-bodied fleet of Boeing (BA.N) 767 aircraft. | | | | | | Qualcomm Inc (QCOM.O) on Wednesday forecasted fiscal fourth quarter revenue higher than Wall Street expectations thanks to sales of 5G phones, including Apple Inc's (AAPL.O) iPhones, and a growing portfolio of other chips. | | | | | | The S&P 500 reversed declines to trade barely higher in choppy trading on Wednesday after the Federal Reserve said the U.S. economic recovery remained on track despite rising coronavirus cases and that higher inflation remained the result of "transitory factors." | | | | | | China's recent policy tightening against the tutoring industry and Internet platforms is good for long-term development of the country, and China remains committed to opening up its capital markets, the official Xinhua News Agency said late on Wednesday. | | | | | |
