... * Fears over earlier Fed rate hike spur selling. * Investors fret over Argentina default fallout, Russia tensions. * Exxon falls after results.
The dollar rose for an eleventh day versus the yen, the longest run of gains since 2001, as signs of a sustained U.S. recovery bolstered speculation the Federal Reserve is moving toward raising interest rates.
Covered California says health care premiums will go up modestly for most people buying coverage on the state exchange next year by an average of 4.2 percent.
NEW YORK (MarketWatch) - The Dow Jones Industrial Average skidded more than 300 points Thursday in its biggest one-day drop in six months, as a combination of earnings, economic news and a default by Argentina triggered a broad selloff.
Asian stocks ended the week lower on the back of declines in the US market after worse-than-expected economic data and in the aftermath of Wednesday's US Federal Reserve policy meeting .