European stock markets erase earlier losses in afternoon action, after Fed Chairman Bernanke calms fears that the central bank will soon fade out its easing program.

Good morning. Here's what you need to know. Markets in Asia were mixed in overnight trading. The Japanese Nikkei rose 1.6%, but the Hong Kong Hang Seng fell 0.5% and the Shanghai Composite retreated 0.1%. European markets are in the red across the board, with Spain down 0.9%. In the United States, futures point to a positive open. Beginning at ...

Good morning. Here's what you need to know. Markets in Asia were mixed in overnight trading. The Japanese Nikkei rose 1.6%, but the Hong Kong Hang Seng fell 0.5% and the Shanghai Composite retreated 0.1%. European markets are in the red across the board, with Spain down 0.9%. In the United States, futures point to a positive open. Beginning at ...

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Today is one on those rare days in which everyone stops pretending fundamentals matter, and admits every market uptick is purely a function of what side of the bed Bernanke wakes up on, how loudly Kuroda sneezes, or how much coffee Mark Carney has had before lunch, but more importantly: that all "risk" is in the hands of a few ...