WASHINGTON—The head of the International Monetary Fund on Wednesday backed Chinese efforts to stem recent market volatility and down played the signals that turbulence might be sending about the broader economy.
The Dow Jones industrial average and the S&P 500 were slightly higher on Wednesday while the Nasdaq composite edged lower, as investors assessed earning ahead of a statement from the U.S.
Greek Prime Minister Alexis Tsipras took on dissenters within his own party, warning he'll call an election unless backbenchers who oppose his deal with creditors fall into line or give up their seats.
Goodyear Tire & Rubber Co (GT.O), the largest U.S. tire maker by sales, reported a better-than-expected quarterly profit, helped by higher demand in North America and lower costs.
NEW YORK (AP) " Stocks posted modest gains Wednesday, as Chinese shares rebounded and traders wait to hear from the Federal Reserve.