Bloomberg Investors turned attention to Washington to gauge the prospects for sweeping policy changes a day after the Federal Reserve roiled markets with talk of shrinking its balance sheet. The S&P 500 Index fluctuated as a rally in crude boosted energy shares, while banks stumbled after White House economic adviser Gary Cohn was said to support separating their business …

  DUBAI / Reuters Gulf shares were marginally lower on Thursday amid caution from investors ahead of companies reporting first quarter results. Dubai insurance companies made strong gains by the close, lifted by investor bets on good results from the sector and market speculation on consolidation. Dar Al Takaful Insurance jumped 14.84 percent at the closing bell, while Dubai Islamic …

  Bloomberg Asian emerging markets were among the biggest beneficiaries of the Federal Reserve’s massive balance-sheet build-up over the past decade. So it’s tempting to conclude the Fed’s coming asset wind-down bodes ill for bonds and equities from South Korea to Taiwan. The key gauge to watch may not be the pace at which the US central bank’s balance-sheet contracts …