28-07-2016 21:55 via news.yahoo.com

GLOBAL MARKETS-U.S. stocks rebound, yen weakens on stimulus report

Expectations of further stimulus in Japan have dominated currency trading in recent weeks and overshadowed the U.S. central bank's policy-setting statement on Wednesday, when the Fed indicated it was in no rush to raise interest rates. On Wall Street, stocks initially were dragged lower by Ford Motor, which posted poor second-quarter profit, as the U.S. market was range-bound for a second week. Amazon.com rose 1.7 percent in anticipation of its quarterly results after the bell, with Google paren
Read more »