U.S. stocks powered higher on Wednesday as the Federal Reserve said it saw signs of a more stable economy.
U.S. stocks slipped as drops in telecommunications and biotechnology stocks offset optimism about the economy.
U.S. stocks fell as weak reports on the economy's service sector and labor market raised concerns about the recovery.
Global economic trends seem to indicate that the worldwide recession might be slowly ending.
Favourable corporate earnings fuelled recovery hopes, while European government bonds also rose.
U.S. stocks fell Wednesday as investors worried that China's banks might be poised to hit the brakes on lending.
Euro zone government bonds gained traction on the Chinese stock losses.
U.S. crude fell $1.56 to $65.67 a barrel by 09:30 GMT, after falling more than a dollar on Tuesday.
Asian stocks hit a 10-month high for a seventh day on Tuesday as investors were lifted by improving corporate earnings.
Wall Street may slow after an earnings-driven rally lifted stock indexes to their highest levels in months.