TODAY'S TOP STORIES

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wallstreet4-103112_16Sep14.jpg Stocks moved notably higher over the course of the trading day on Tuesday after recovering from an initial move to the downside. With the strong upward move on the day, the Dow reached a new record intraday high before giving back some ground.

Oil-041812_16Sep14.jpg U.S. crude oil surged to end sharply higher on Tuesday, ahead of the weekly inventories data and the outcome of the U.S. Federal Reserve's monetary policy meet in Washington, even as the dollar trended lower against a basket of some select currencies. Crude oil was given a further boost after OPEC...

OBAMA1-110310_16Sep14.jpg President Barack Obama is scheduled to travel to the headquarters of the Centers for Disease Control and Prevention in Atlanta, Georgia, on Tuesday to outline steps the U.S. will take to help combat the Ebola outbreak in West Africa.

gold01_05Apr12_16Sep14.jpg Gold futures ended higher for second straight session Tuesday, as the dollar trended lower against some select currencies and ahead of the highly anticipated two-day U.S. Federal Reserve policy meet that begins today in Washington. Investors expect the central bank to take a hawkish stand and await cues...

Wallstreet-013013_16Sep14.jpg After recovering from an initial move to the downside, stocks have moved mostly higher over the course of the trading day on Tuesday. The major average have all turned positive, with the Nasdaq and the S&P 500 bouncing off their worst levels in almost a month.

UScapitol-091614.jpg Senate Republicans once again voted Monday to block a Democratic bill aimed at narrowing the national gender wage gap. The Senate voted 52 to 40 in favor of limiting debate on the Paycheck Fairness Act, falling well short of the 60 votes required.

wallstreet1-103112_16Sep14.jpg Stocks moved to the downside at the start of trading on Tuesday but have shown a notable rebound since then. The major averages have bounced well off their lows for the young session and are now lingering near the unchanged line.

WashingtonPrimeGroup--Acquire-GlimcherRealtyTrust-091614.jpg Real estate investment trust Washington Prime Group Inc. has agreed to acquire peer Glimcher Realty Trust in a deal valued at about $4.3 billion in cash and stock, including the assumption of debt, the two companies said Tuesday. Shares of Glimcher Realty are gaining 30 percent following the announcement.

Producer-Price-Index-091614.jpg After reporting a modest uptick in U.S. producer prices in the previous month, the Labor Department released a report on Tuesday showing that producer prices came in unchanged in the month of August. The Labor Department said its producer price index for final demand was unchanged in August after inching up by 0.1 percent in July.

Wallstreet4-111212_16Sep14.jpg Following the lackluster performance seen during the previous session, stocks may move to the downside in early trading on Tuesday. The major index futures are currently pointing to a moderately lower open for the markets, with the Dow futures down by 33 points.

German-ZEW-091614.jpg Germany's investor confidence weakened to a level last seen in late 2012 amid concerns that the rising geopolitical tensions are hurting the European economy, data from the Centre for European Economic Research/ZEW showed Tuesday. The ZEW economic sentiment index fell to 6.9 in September from 8.6 in August. The index has been falling since last January and matched the score seen in December 2012.

UK-Inflation-091614.jpg U.K. inflation slowed marginally as expected in August on falls in prices of motor fuels and food, data from the Office for National Statistics revealed Tuesday. Factory-gate prices declined for the second straight month indicating benign inflationary pressures in the pipeline. Consumer prices rose 1.5 percent year-on-year in August, slower than the 1.6 percent rise in July.

wallstreet-040912_16Sep14.jpg Early indications suggest that Wall Street stocks may open lower on Tuesday as traders nervously await the FOMC decision due on Wednesday. The central bank's monetary policy committee meets later in the day for a 2-day meeting amid signals of strengthening economic recovery. Meanwhile, global cues are negative, with Asian stocks closing lower, while the European markets are also seeing weakness.

UN-Security-Council-091614.jpg The United Nations Security Council has long been a bastion for men selected to represent their countries on what is considered to be the Organization's most powerful body. But now, women ambassadors are occupying more than one third of the Council's 15 seats, making history with record representation of the gender. "It's a little strange that it's taken us this long," according to Ambassador Syl

Airbus-Defence-Space-091614.jpg French aerospace giant Airbus Group Tuesday announced portfolio optimization in its Defence and Space unit, under which certain businesses in non-core segments will be divested as they do not fit its strategic goals. Airbus has identified activities in Space, such as Launchers and satellites, Military Aircraft, Missiles and related Systems and Services as its future core businesses.