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Chicago Board of Trade › (CBOT:C.H13)


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Today's Financial News

How the Dow Jones industrial average and other major indexes fared on Wednesday

6 hours ago

U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks also helped push the stock market higher. For the day: The Dow Jones industrial average rose 121.12 points, or 0.7 percent, to 17,751.39.

Business Highlights

6 hours ago

___ Fed holds steady on rates, seeks further economic gains WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from the Fed after its latest policy meeting provided no timetable. Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has stressed that any increase will be driven by the latest economic data.

Cathay Pacific departs Aleutians after Hong Kong-to-Los Angeles flight makes emergency landing

6 hours ago

ANCHORAGE, Alaska (AP) — A Cathay Pacific flight from Hong Kong to Los Angeles departed from a remote U.S. air base in the Aleutian Islands late Wednesday morning, hours after making an emergency landing because smoke was detected on board. Air Force Capt. Anastasia Wasem said the Boeing 777-300ER left the treeless, tundra-covered island at 11:15 a.m. to fly to Anchorage, 1,500 miles away. Another plane was flying in from Hong Kong to pick up the 276 passengers and 18 crewmembers in Anchorage and get them to Los Angeles, Cathay Pacific spokeswoman Jennifer Pearson said.

Allegiant Travel posts 2Q profit, results beat Wall Street estimates

6 hours ago

LAS VEGAS (AP) _ Allegiant Travel Co. (ALGT) on Wednesday reported second-quarter earnings of $54.3 million. On a per-share basis, the Las Vegas-based company said it had profit of $3.18. The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.13 per share.

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