Sun, Sep 13, 2015 - Page 15 News List

US stocks rise ahead of Fed meeting

TECHNICAL REBOUND:Analysts said markets were due for a recovery after the prior week’s rout, as uncertainty rocked the market on concern over China and Fed action

AFP, NEW YORK

Among other transaction, Blackstone struck a US$6 billion deal to buy luxury property giant Strategic Hotels & Resorts and Media General reached an agreement to buy media and publishing company Meredith Corporation for US$2.4 billion.

Besides the Fed decision and news conference on Thursday with Chair Janet Yellen, next week’s calendar includes retail sales and housing starts data for last month.

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