Investors to face true test of courage

Start of fourth quarter of 2014 presents challenge with the Fed formally ending quantitative easing

Utilities win as eurozone fears damp tech

Pharma companies with potential Ebola treatments also gained

New York and London vie for world title

Financial centres face competition from emerging Asian hubs

Junk investors wary of October ‘jinx’

Growing stock jitters put high-yield debt markets on edge

Published profits v ‘true’ profits

The overvaluation of equities is the fundamental reason why the US stock market should fall

Quarterly loss sends Walgreens down

Exercise of option relating to Alliance Boots cost $866m

S&P 500 closes at record high

US bellwether surpasses October 2007 peak

New York widens global lead for IPOs

US listings hit twice value of London and HK combined

FedEx climbs on market share gain hopes

Rating raised to ‘market outperform’

Wall St rallies strongly after sharp fall

Dollar and Treasury yields rise on strong GDP

Nike rises as earnings beat expectations

Janus Capital surges as Pimco’s Gross joins asset manager

Football and fitness lead Nike sales jump

Shares rise as World Cup helps sportswear maker beat forecasts

Tech stocks lead US equities lower

Investors shift out of riskier investments ahead of quarter end

RBS aims to sell 25% more of Citizens

IPO of UK bank’s US subsidiary raised $3bn

KB Home sinks on building delays

But US equities climb after new home sales data

CarMax sputters on disappointing sales

US stocks moderate after weakening European PMI data

Alibaba lights up US listings market

Investors look forward to further IPO deals in the pipeline

Venezuela exit plan boosts Clorox

Alibaba dips back after surging 38% on debut

Alibaba: From FOMO to FOGI

Opening day pop was huge, even by Wall Street’s standards

McDonald’s slow food recovery

Company recovers from lows for the year