The Standard & Poor’s 500 Index extended a record and global equities rallied as the Federal Reserve’s policy statement fueled optimism that the economic recovery will accelerate.
Gold rose the most since September as the dollar weakened, while global stocks advanced to a record after the Federal Reserve said rates will remain low as the economy grows. Emerging-market currencies climbed.
Uber Technologies Inc. is seeking to join the $10 billion-plus club.
U.S. stocks fell for a fourth day amid concerns over budget talks and economic growth as investors weighed prospects for easing tensions in the Middle East.
The U.S. Supreme Court let InterDigital Inc. pursue a bid to extract patent royalties from Nokia Oyj for the third generation of mobile-phone technology.
President Barack Obama’s health agency said it has spent $319 million building an online health- insurance marketplace through October.
Red Hat Inc., the largest seller of the open-source Linux operating system, fell the most in six months after reporting first-quarter billings that missed some analysts’ estimates.
Cross's Williams Says Oracle, Red Hat in Trouble