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U.S. Dollar Broadly Lower As Rate Cut Bets Firm

U.S. Dollar Broadly Lower As Rate Cut Bets Firm

The U.S. dollar traded lower against its most major counterparts in the New York session on Wednesday, as Tuesday's soft retail sales data boosted expectations for a rate cut in September.
RTTNews | vor 139 Tagen
U.S. Homebuilder Confidence Unexpectedly Dips To Six-Month Low In June

U.S. Homebuilder Confidence Unexpectedly Dips To Six-Month Low In June

A report released by the National Association of Home Builders on Wednesday unexpectedly showed a continued deterioration in U.S. homebuilder confidence in the month of June. The report said the NAHB/Wells Fargo Housing Market Index fell to 43 in June after slumping to 45 in May, while economists had expected the index to come in unchanged.
RTTNews | vor 139 Tagen
Nvidia Overtakes Microsoft As World's Most Valuable Company

Nvidia Overtakes Microsoft As World's Most Valuable Company

Chipmaker Nvidia Corp. has become the world's most valuable company, overtaking tech major Microsoft Corp., on the strength of surging demand for artificial intelligence or AI chips worldwide. The company now has a market cap of $3.335 trillion, compared to Microsoft's $3.317 trillion.
RTTNews | vor 139 Tagen
Bay Street Seen Opening On Subdued Note

Bay Street Seen Opening On Subdued Note

Canadian stocks look headed for a subdued start Wednesday morning with investors looking for directional clues. Activity is likely to remain stock specific.
RTTNews | vor 139 Tagen
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Amazon Fined $5.9 Mln By California For Labor Law Violations

Amazon Fined $5.9 Mln By California For Labor Law Violations

California's Labor Commissioner has fined Amazon.com Services, LLC $5.902 million citing that the e-commerce giant failed to meet requirements of the Warehouse Quotas law at its warehouses in two counties. The Warehouse Quotas law, which was enacted in 2021 as Assembly Bill 701 and went into effect on January 1, 2022, protects the state's workers, and prevents work quotas that are kept secret...
RTTNews | vor 139 Tagen
FTSE 100 Slides After Inflation Data

FTSE 100 Slides After Inflation Data

U.K. stocks fell slightly on Wednesday while sterling rose against the euro and the dollar after data showed a further slowdown in U.K. inflation ahead of the general election.
RTTNews | vor 139 Tagen
DAX Slips In Lackluster Trade

DAX Slips In Lackluster Trade

German stocks slipped into the red on Wednesday after several Federal Reserve officials urged patience on interest-rate cuts.
RTTNews | vor 139 Tagen

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