New Zealand October Business NZ PMI rises to 55.7

Nov 13, 2013

Wall Street recovers earlier losses and posts solid gains

The US stocks market recovered from earlier losses on Wednesday and closed the day with gains as investors were fueled by Macy's better than expected earnings report and the optimism about the incoming shopping season.

Yellen delivers a dovish statement

Nominate Federal Reserve first chairwoman suggested on Wednesday that the US economy must improve more before Fed lessens stimulus according to her speech before U.S. Senate testimony.