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U.S. markets news

Pending Home Sales Slip in June
A forward-looking indicator of home sales slipped in June, but remained well above year-ago levels, a sign the housing market is stabilizing.
Pending Sales of U.S. Existing Homes Unexpectedly Declines  Bloomberg
WRAPUP 1-Weak home purchase contracts hint at pause in sales activity  Reuters
ABC News  
Wall St. higher ahead of Fed meeting
Wall Street was higher on Wednesday as investors assessed earning ahead of a statement from the U.S. Federal Reserve that could give clues regarding the timing of a rate hike.
U.S. Equities Advance Amid Earnings Reports Before Fed Decision  Bloomberg
Wall Street rises ahead of Fed  The Australian
Lagarde Signals IMF Board Will Back Latest Ukraine Bailout Tranche
WASHINGTON—The head of the International Monetary Fund on Wednesday signaled the emergency lender will likely approve a bailout payment for Ukraine despite the failure of Kiev to secure a debt restructuring deal with creditors.
IMF chief downplays Greek political conflict, Chinese stock selloff  USA TODAY
Lagarde downplays China stock jitters  Financial Times
TREASURIES-Prices lower ahead of Fed rate statement
NEW YORK, July 29 U.S. Treasury prices fell on Wednesday in thin summer trade before a U.S. Federal Reserve statement that is not expected to produce any surprise interest rate adjustment but will be parsed for clues on economic strength and future ...
US Government Bonds Pull Back as Fed Statement Looms  Wall Street Journal
When Will the Fed Raise Rates?  New York Times
Greece PM threatens Syriza rebels with snap elections
Greece's Prime Minister Alexis Tsipras has told rebels in his Syriza party he will have to call early elections if they continue to oppose a bailout deal.
Greece's Tsipras, hounded by left, vows 'thus far and no further'  Reuters
Tsipras Challenges Party Rebels With Threat of Snap Greek Ballot  Bloomberg
Global Markets Rise Ahead of Fed Decision
Global stock markets rose Wednesday as investors looked ahead to a policy statement from the Federal Reserve that could offer clues on the path of U.S.
Wall St. Edges Higher, Bolstered by Strong Earnings Reports  New York Times
US stocks edge higher in early trading; China shares rebound
5 statements from Twitter execs that sent the stock into a spiral
What could have been a triumph for microblogging site Twitter Inc. on Tuesday quickly became a debacle, and the company may have itself to blame.
Twitter shares plunge as CEO says turnaround will take time  USA TODAY
Being frank not enough, Twitter needs to broaden portfolio  Reuters
China reaction to stock market fall will affect reform -US' Lew
WASHINGTON, July 29 U.S. Treasury Secretary Jack Lew said on Wednesday that the Chinese government's reaction to its falling stock market will signal how dedicated the country is to its reform agenda.
Talk about voter turnout: More than a million opinions on $10 bill revamp  USA TODAY
Public comments top 1 million suggestions on new $10 bill  Miami Herald
US crude stockpiles fall 4.2 million barrels in latest week - EIA
NEW YORK, July 29 U.S. crude stocks declined far more than expected last week, while gasoline stocks decreased and distillate inventories rose, data from the Energy Information Administration showed on Wednesday.
Oil Rises After U.S. Crude Inventories Unexpectedly Decline  Bloomberg
MasterCard Reports Weaker-Than-Expected Revenue Growth
MasterCard Inc. MA 0.12 % on Wednesday reported in-line adjusted profit for the second quarter, though revenue growth was slightly weaker than Wall Street had expected amid foreign-exchange headwinds.
MasterCard Revenue Falls Short of Estimates on Strong Dollar  Bloomberg
MasterCard 2Q profit slips and revenue falls short  San Francisco Chronicle (subscription)