MARKETS / FINANCE

U.S. stocks closed in the red Wednesday after a volatile trading session, but the Dow managed to recover from an earlier 450 point loss.

The Dow Jones Industrial Average fell 450 points Wednesday, driving investors to safe-haven government bonds amid fears of a a global slump.

The Dow Jones Industrial Average dropped more than 350 points Wednesday, after a trio of weak U.S. economic reports were released.

Japan's Toyota Motor Corp said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.

The big banks, traditionally the darlings of earnings season, could be showing signs of improvement with Bank of America on tap for Wednesday.

Energy imports for oil, natural gas and thermal coal cost the European Union around $500 billion in 2013.

The latest exits were the result of studies to understand which markets were not profitable enough for retail banking.

HP has ended merger talks with EMC and may announce this development as soon as Wednesday, deciding to walk away after months of fruitless negotiations, people briefed said, according to an exclusive Reuters report.

An investigation into the circumstances surrounding the capture Sgt. Bowe Bergdahl by Taliban militants has been completed, but it's unclear when the military will finish its report, the Pentagon said.

Intel topped Wall Street expectations on Tuesday and reported a third-quarter profit of 66 cents per share on revenue of $14.6 billion.

With Intel slated to report after the closing bell Tuesday, investors will be scrutinizing the results for signs of life in the company's beleaguered mobile unit.

Egyptian security forces arrested more than 90 students ahead of the start of the school year to prevent protests.

JPMorgan had missed market expectations in three of the four preceding quarters.

Brent has fallen by over 20 percent since June, when turmoil in Iraq lifted prices to $116 per barrel.

Saudi Arabia is quietly telling the oil market it would be comfortable with far lower prices for an extended time, a sharp policy shift possibly aimed at slowing the expansion of rivals, Reuters wrote in an exclusive report.

Hassan Rouhani said a nuclear deal with the West was bound to happen. He said he believed it can be achieved by a Nov. 24 deadline.

While Iliad's approach had been widely perceived as a long shot, its formal withdrawal sent shares of the U.S. carrier to a 10-month low.

Brazilian Arabica coffee prices have surged and sugar production looks headed for a sharp decline as Brazil tends to its worst drought in decades.

Analysts say the improving U.S. jobs picture and strong consumer sentiment should lift stocks by the end of 2014.

Roman Catholic gay rights groups around the world hailed the paper as a breakthrough, but Church conservatives called it a betrayal of traditional family values.

A mathematician by training, Tirole, a Frenchman, focuses his work heavily on game theory and information theory.

SE launched the S&P Carbonex index in 2012, giving increased weighting to companies depending on carbon footprint scores.

Statoil has been selling assets to protect margins eaten up by rising costs and, in recent weeks, falling oil prices.

The euro zone's sinking fortunes are raising alarm among global policymakers who fear the bloc is again dragging on the world economy.

"Mosul will likely be the decisive battle in the ground campaign at some point in the future," Dempsey said.

The International Monetary Fund members say focusing on growth is the priority.

Islamic State group fighters, who took control of large sections of Iraq this year, regularly target Shi'ite districts in Baghdad.

JPMorgan Chase CEO Jamie Dimon addressed the bank's recent cyberattacks Friday.

Is this a temporary period of volatility, or are the financial markets headed toward a major correction?