World & Policy

Headlines

  • Stocks Slip From Highs

    U.S. stocks slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals will win approval from regulators.

  • Oil Futures Mixed Ahead of API Report

    Spot-month oil futures on the New York Mercantile Exchange ended mixed Wednesday afternoon, with the West Texas Intermediate crude and ultra-low sulfur diesel contracts settling lower ahead of industry data that's now expected to show a big build in crude oil inventories.

  • Stocks Start Lower After Record Run

    U.S. stocks are starting the day lower after a record-setting run. Energy and industrial companies are taking some of the biggest losses Wednesday. Technology stocks, which have risen every day in February, are slipping as big names like Apple and Intel decline.

  • Global Markets Higher Wednesday

    Global stock markets were mostly higher in subdued trading on Wednesday as investors awaited the Fed's latest meeting minutes, hoping for clues to the U.S. central bank's views on interest rates.

  • Calif. Communities Brace for Flooding

    Communities downstream from a Northern California reservoir gushing water for the first time in 20 years braced for flash floods and evacuations after authorities warned them to prepare for rising rivers and creeks.

  • Iraq Militias Push Into Western Mosul

    BAGHDAD (AP) -- Iraq's government-sanctioned paramilitary forces, made up mainly of Shiite militiamen, have launched a new push to capture villages west of the city of Mosul from Islamic State militants.

  • Kansas Governor to Veto Tax Bill

    TOPEKA, Kan. (AP) -- Kansas Gov. Sam Brownback is preparing to make good on a pledge to veto a bill increasing personal income taxes as a budget fix.

World & Policy Perspectives

Washington Insider -Wednesday

South America Calling

What DTN Is Watching

Markets

It is expected to be a quiet news day for grains Wednesday with traders watching for headlines of new export sales (morning), chatter regarding South American harvests, and updated weather forecasts. Financial markets will keep an eye out for the release of the latest FOMC minutes set for release Wednesday afternoon.

Weather

Light to moderate snow is in store for the western U.S., Northern Plains and Canadian Prairies Wednesday, and light rain will form in the southeastern U.S. along with a light rain and freezing precipitation mix in the northeastern U.S. Dry conditions will be in effect elsewhere. Temperatures will be seasonal in the northwest and well above normal elsewhere. Early-season fieldwork activity will be enhanced in the central U.S. ahead of a colder pattern with rain and snow by the end of the week.

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