DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell in cautious trade on Tuesday as investors awaited the release of euro zone inflation data and comments from Federal Reserve Chair Jerome Powell for directional cues.
Investors were also reacting to a rise in U.S. Treasury yields after the U.S. Supreme Court ruled that former President Donald Trump is entitled to immunity from federal prosecution for official actions he took while in office.
The landmark decision at the height of an election season stoked speculation about the possibility of another Trump presidency after last week's poor debate performance by incumbent Joe Biden.
The benchmark DAX dropped 136 points, or 0.8 percent, to 18,154 after closing 0.3 percent higher the previous day.
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Brazilian Real Weakens To Near 3-month Low Against U.S. Dollar
The Brazilian real weakened against the U.S. dollar in the New York session on Friday.
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hace 4h 19min
Pound Firms Against Majors
The pound moved up against its major counterparts in the New York session on Friday.
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hace 5h 14min
U.S. Construction Spending Inches Slightly Higher In September
Reflecting an increase in spending on public construction, the Commerce Department released a report on Friday showed an uptick by U.S. construction spending in the month of September. The report said construction spending crept up by 0.1 percent to an annual rate of $2.149 trillion in September after inching up by 0.1 percent to a revised rate of $2.146 trillion in August.
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hace 5h 56min
U.S. Manufacturing Index Unexpectedly Dips To Lowest Level In Over A Year
A report released by the Institute for Supply Management on Friday showed U.S. manufacturing activity unexpectedly contracted at a modestly faster rate in the month of October. The ISM said its manufacturing PMI fell to 46.5 in October from 47.2 in September, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 47.6.
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hace 6h 13min
CPSC Recalls: Polaris ROVs, Floating Wall Theaters, Charge Case Accessory, Backpack Sprayers
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Polaris Industries Inc.'s Ranger XP Kinetic Recreational Off-Road Vehicles or ROVs, Manhattan Comfort Inc.'s Floating Wall Theater Entertainment Centers and Panels, Humane Inc.'s Charge Case Accessory for Ai Pin, Harbor Freight Tools' Bauer 4-Gallon Battery-Powered Backpack Sprayers, ...
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hace 6h 20min
U.S. Employment Inches Up By 12,000 Jobs In October, Far Less Than Expected
With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October. The Labor Department said non-farm payroll employment crept up by 12,000 jobs in October compared to economist estimates for the addition of 113,000 jobs.
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hace 7h 9min
U.S. Employment Inches Up Far Less Than Expected In October
With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October.
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hace 7h 57min
Bay Street Likely To Open On Firm Note
Higher crude oil and bullion prices, and strong European stocks points to a firm start for the Canadian market Friday morning. The focus will be on U.S. non-farm payroll data, which is likely to provide some clues about the Federal Reserve's interest rate move next week.
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hace 8h 13min
