The European Central Bank on Thursday cut its key lending rate, while the Bank of England leaves its bank rate at a record low and makes no changes to its quantitative easing program. See full story.
Europe stocks gain as ECB lowers rates
European stocks hold gains on Thursday after the European Central Bank cuts interest rates and ahead of the monthly news conference of the ECB president. See full story.
Asia shares decline with Europe in view
Asian shares decline on Thursday, with investors cautious ahead of crucial meetings in Europe. See full story.
Crude constrained in tight range above $100
U.S. crude-oil futures move in a narrow range above $100 a barrel, reflecting caution ahead of the European Central Bank’s interest rate decision and a crucial European Union summit. See full story.
First-time jobless claims fall sharply to 381,000
First time claims for state unemployment insurance fell sharply in the latest week to their lowest level since late February, the Labor Department said. See full story.
MARKETWATCH COMMENTARY
Instead of acknowledging that banks have become a part of government, we keep pretending they are private institutions, writes David Weidner. See full story.
MARKETWATCH PERSONAL FINANCE
If you take prescription or over-the-counter medicine, you could be overpaying if you’re not part of a store discount program.
