Stocks hit 12-mo highs, dlr at 14-mo low

World stocks hit a 12-month high on Wednesday as forecast-beating Intel Corp results and Chinese trade data brightened the economic outlook, while the dollar plumbed 14-month lows, sending oil and gold higher.

U.S. retail sales fall less than expected in Sept

Sales at U.S. retailers fell in September, but rose excluding motor vehicles for a second straight month in September, raising cautious optimism consumer spending could support the economic recovery. The Commerce Department

Wall Street jumps on JPMorgan, Intel results

Stocks jumped on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit, following stronger numbers from Intel Corp (INTC.O) a day earlier in an auspicious start to third-quarter earnings

JPMorgan shares jump on profit surge

JPMorgan Chase & Co quarterly profit rocketed to forecast-beating $3.6 billion as bond trading revenue surged, boosting optimism about a strengthening rebound in top Wall Street banks. JPMorgan shares rose 2.8 percent