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U.S. markets news

US durable goods orders data points to weak business spending
WASHINGTON New orders for U.S. manufactured capital goods rose less than expected in June amid weak demand for machinery and a range of other goods, suggesting a prolonged downturn in business spending.
US Durable Orders Tumble 4.0% on Overseas Turmoil  Wall Street Journal
US durable goods orders fell 4.0% in June vs. 1.1% drop expected  CNBC
Washington Post  
Mondelez Reports Higher Profit, Plans to Expand in China
Mondelez International Inc. MDLZ -1.73 % said its second-quarter earnings rose 14% with a boost from income generated by its interest in the snack maker's former coffee business.
Mondelez Combats Slump With Cost Cutting, Lifting Profit  Bloomberg
Mondelez hopes for sweet success as it launches chocolate in China  Chicago Tribune
US stock indexes slip; Apple jumps on strong earnings
Want more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. NEW YORK - Stocks were moving mostly lower in late morning trading Wednesday as gains in technology stocks like Apple were offset by declines in consumer ...
Tech Shares Climb as Apple Surges  Nasdaq
US stocks rise, helped by jump in Apple shares  Chicago Tribune
Does the Snapchat Generation Even Know What Yahoo Is?
Following a multibillion-dollar acquisition deal, Tim Armstrong, the C.E.O. of AOL, will oversee Yahoo's integration into Verizon.
Marissa Mayer will have earned more than $200 million ay Yahoo if she's ...  MarketWatch
Yahoo! Acquisition Should Make Verizon a Programmatic Ad Powerhouse
US Pending Home Sales Edged Higher in June
WASHINGTON—A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S.
Pending home sales improved slightly in June  CBS News
NAR: Housing Market Continues Full Force Into Summer  The Mortgage Reports (blog)
McDonald's franchisees' ominous prediction came true
McDonald's all-day breakfast has been a massive success, helping to drive up sales growth after two years of declines. But the excitement from the new menu offering appears to be wearing off, and sales growth is now slowing.
At McDonald's, All-Day Breakfast Cools  Wall Street Journal
All-day breakfast can't fix everything at McDonald's  Washington Post
Amid Flat Second Quarter Volume, Coca-Cola Sales And Outlook Lose Fizz
In May, a research report warned that the war on sugar could affect Coke and Pepsi's bottom lines. But if second quarter earnings reports are any indication, it's their top lines that need tending: just three weeks after Pepsi reported profit growth ...
Coca-Cola's revenue misses on weak China, LatAm markets  Reuters
The Coca-Cola Company Reports Second Quarter 2016 Results  Business Wire (press release)
Gold Prices Rise Ahead of Fed Policy Statement
Gold prices rose on Wednesday, after trading in a narrow price range ahead of a policy announcement from the Federal Reserve. Gold for December delivery was recently up 0.5% at $1,335.20 a troy ounce on the Comex division of the New York Mercantile ...
Treasury yields fall to 2-week low as the Fed is set to update policy  MarketWatch
Why the Federal Reserve is rethinking everything  Washington Post
Japan stimulus lifts Asia shares, Fed awaited
NEW YORK The yen eased against the dollar on Wednesday after Japan unveiled a surprisingly large $265 billion stimulus package, while U.S.
Abe's Unusual Stimulus Unveiling May Be Directed at the BOJ  Bloomberg
Dollar Soars Against Yen Ahead of Fed Decision  Wall Street Journal
Fiat Chrysler lifts 2016 guidance, but doubts linger
MILAN/DETROIT Fiat Chrysler Automobiles (FCA) nudged up its full-year adjusted earnings guidance on Wednesday, but its shares came off earlier highs after recall costs hit second-quarter profit and concerns remained about its exposure to a peaking U.S.
FCA reports $352M second-quarter profit with Wall Street watching  Detroit Free Press
Fiat Chrysler profit jumps on Europe strength  MarketWatch