Today's Top Stories - August 27, 2015  

 

BEWARE THE BELL! U.S. stock index futures pointed to a sharply higher open Thursday, with the Dow indicating gains of about 200 points at the open, following the stellar close seen on Wednesday More

EUROPE: European markets extended gains on Thursday following a sharp selloff yesterday, after U.S. stocks made a stunning rebound to post their biggest one day gain since 2011 More

ASIA: China's Shanghai Composite index closed up 5.4 percent Thursday to reclaim the critical 3,000 mark, tracking the upbeat sentiment across the region underpinned by Wall Street's biggest one-day gain since 2011 overnight More

OIL: Oil prices jumped more than 4 percent on Thursday after a rally in equity markets and an unexpected fall in U.S. crude inventories, but worries over the health of the Chinese economy and a global oil glut kept the outlook uncertain More

GOLD: Gold steadied on Thursday after suffering its biggest fall in five weeks in the prior session as stock markets recovered, but indications that a U.S. rate hike might happen later than expected kept a floor under prices More

Markets latest: Europe soars; China up 5%; oil spikes Our live blog has the latest news and analysis from global markets, as a stellar rally on Wall Street helped investor sentiment to rebound More

Fed's George: Prepared for rate hike, despite selloff Federal Reserve Bank of Kansas City President Esther George said Wednesday it's important for the nation's central bank to understand this week's extreme stock market volatility, but cautioned that markets are focused on the near term More

This is the best car Consumer Reports has ever tested The product testing agency on Thursday gave the new, high-performance P85D version of the automaker's Model S a rating of 100—a perfect score—calling it "the best-performing car that Consumer Reports has ever tested." More

Revealed: the world’s cheapest emerging market The valuation gap between MSCI World Index - which tracks 23 developed markets - and MSCI Emerging Markets is now at its widest point since before the global financial crisis. The MSCI World Index is trading at a forward P/E ratio of 13.9. A higher P/E ratio implies that stocks are relatively pricey compared with earnings More

Wal-Mart's holiday layaway launches this week Wal-Mart shoppers will be able get a head start on their holiday purchases this year, when the world's largest retailer kicks off its layaway program Friday—two weeks earlier than in 2014 More

5 technology stocks to buy at a discount Major U.S. averages jumped sharply Wednesday in their best day since 2011, as investors shrugged off fears about the world's second-largest economy. U.S.-listed shares of Alibaba, though, closed barely higher and are down 33 percent this year More

Apple forms perilous 'death cross' pattern Shares of Apple, the biggest company in the S&P 500, spooked Wall Street on Wednesday by forming a death cross, an indicator often used by technical analysts as a sell signal More

Drivers stretching the terms of their auto leases Remember the vanilla, run-of-the-mill three-year auto lease? Although that's still the most popular option for drivers leasing their car or truck, a new report shows that a growing percentage of Americans are taking out longer-term leases for new vehicles More

AP survey: dimmer outlook for U.S. economy, wages and hiring More


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