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U.S. markets news

Economy grew more than forecast in third quarter
WASHINGTON - The US economy expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases.
US economy grew 3.5pc in third quarter  Business Recorder
Trade, defense spending buoy US third-quarter growth  Reuters
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Visa gives big boost to Dow, but GDP doesn't excite
NEW YORK (Reuters) - U.S. stocks mostly edged higher on Thursday, as a strong read on third-quarter economic growth raised new questions about monetary policy, while results at Visa single-handedly put the Dow in solidly higher territory.
Most U.S. Stocks Gain Following Better-Than-Estimated GDP  Bloomberg
US Stocks Are Mixed in Midday Trading  ABC News
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Greenback Strengthens As Fed Ends Bond-Buying Scheme
The U.S. dollar is showing its resilience on Thursday, holding on to a three-week high against a basket of currencies after the Federal Reserve caught the market off-guard with a definite hawkish tone in its policy statement yesterday.
Unshaken by global market turmoil, Fed bets on solid job gains  Chicago Tribune
Global equity markets mixed as Fed ends QE on hawkish note  Reuters
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Jobless Claims Remain at Historically Low Levels
WASHINGTON�The number of new claims for jobless benefits rose last week but remained at historically low levels, supporting other signals of an improving labor market.
Unemployment claims hold near 14-year lows  USA TODAY
Applications for jobless aid tick up to 287000  Chicago Daily Herald
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Mortgage rates increase from 2014 low, Freddie Mac says
Mortgage rates rose this week from their lowest point in 2014, but lenders still offered a 30-year fixed loan below 4%, according to Freddie Mac's weekly survey.
Average US 30-year loan rate up to 3.98 pct.  U.S. News & World Report
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Growing Payment Volume Helps Boost Visa Earnings Results Above Expectations
Visa shares are on the rise in Wednesday's after-hours trading session; the company posted fourth quarter fiscal 2014 earnings results that beat both top and bottom line forecasts.
Visa posts lower 4Q profit; beats Street views  SFGate
Visa Q4 Earnings Top, Exceed FY14 Target; Buyback Raised  Zacks.com
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ECB says to start ABS purchases in November
FRANKFURT Oct 30 (Reuters) - The European Central Bank is seeking help from four major asset managers to carry out purchases of securitised private debt, which it expects will start in November as a key part of its stimulus measures to stave off deflation.
ECB plans asset purchase program  Herald Sun
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UPDATE 3-Lufthansa shares drop after 2015 profit guidance cut for second time
... * Q3 operating profit 735 mln eur vs poll 709 mln. * Lowers 2015 operating profit forecast, maintains 2014 target. * Strikes wipe 170 mln eur off 2014 profit.
Merkel Proposes Curbing Unions as Strikes Cripple Germany  Bloomberg
German airline Lufthansa lowers profit forecast for 2015 over global ...  Fox Business
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30% of US Shrimp Is Misrepresented, Study Says
Shrimp may be America's most popular seafood, but that doesn't mean we know much about the crustaceans on our plates. A new study by Oceana, a marine conservation advocacy group, finds that 30% of shrimp products are misrepresented - either ...
Seafood Deception: What's Wrong With Your Shrimp  Forbes
Do you know here your shrimp is caught or farmed?  wtvr.com
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STORY REMOVED:BC-US--Earns-Alpha Natural Resources
BRISTOL, Va. - The Associated Press has withdrawn the 8:45 a.m. version of a story about Alpha Natural Resources Inc.'s third-quarter earnings that was generated by Automated Insights using data provided by Zacks Investment Research.
Alpha Natural Resources 3Q results top Street  MiamiHerald.com
Alpha Natural Resources Posts Narrower-than-Expected Q3 Loss  Zacks.com
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