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U.S. Weekly Jobless Claims Unexpectedly Dip To 193,000

First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low in the week ended September 24th, according to a report released by the Labor Department on Thursday.
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Dollar Little Changed After U.S. GDP Data

Dollar Little Changed After U.S. GDP Data

The U.S. GDP data for the second quarter and weekly jobless claims for the week ended September 24 have been published at 8:30 am ET Thursday. The greenback changed little against its major counterparts after the data.
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Dollar Mixed Ahead Of U.S. GDP Data

Dollar Mixed Ahead Of U.S. GDP Data

The U.S. GDP data for the second quarter and weekly jobless claims for the week ended September 24 are due at 8:30 am ET Thursday. The greenback traded mixed against its major counterparts before the data. While it held steady against the yen and the pound, it dropped against the euro and the franc.
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Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Lower Canadian and U.S. futures and weak bullion prices point to a negative opening for Canadian shares on Thursday.
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Eurozone Economic Confidence Near 2-Year Low

Eurozone Economic Confidence Near 2-Year Low

Eurozone economic confidence weakened to the lowest level in nearly two years in September as all surveyed business sectors reported marked declines, signaling a recession in the currency bloc, survey results from European Commission showed Thursday. The economic confidence index declined more-than-expected to 93.7 in September from 97.3 in the previous month.
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Bed Bath & Beyond Maintains FY22 Outlook - Update

Bed Bath & Beyond Maintains FY22 Outlook - Update

While reporting financial results for the second quarter on Thursday, beleaguered home improvement retailer Bed Bath & Beyond, Inc. (BBBY) maintained its comparable sales guidance for the full-year 2022.
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Euro Climbs After Hawkish ECB Remarks

Euro Climbs After Hawkish ECB Remarks

The euro advanced against its major counterparts in the European session on Thursday, as German bond yields rose and several policymakers of the European Central Bank supported another large interest rate hike next month.
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Rite Aid Q2 Adj. Loss Wider Than Estimates; Slashes FY23 Adj. Loss Outlook

Rite Aid Q2 Adj. Loss Wider Than Estimates; Slashes FY23 Adj. Loss Outlook

While reporting financial results for the second quarter on Thursday, drugstore chain Rite Aid Corp. (RAD) slashed its outlook for fiscal 2023 net loss primarily due to goodwill impairment charges in the Pharmacy Services Segment and increased impairment charges for closed stores. Meanwhile, it maintained annual revenue forecast.
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Sensex, Nifty Fail To Hold On To Early Gains

Sensex, Nifty Fail To Hold On To Early Gains

Indian shares ended Thursday's session modestly lower, failing to hold on to early gains as oil prices climbed and the positive impact on bond markets from the Bank of England's intervention began to fade.
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European Shares Tumble As Recession Risks Mount

European Shares Tumble As Recession Risks Mount

European stocks tumbled on Thursday, as the boost from the Bank of England's intervention in bond markets began to fade and Sweden's coast guard discovered a fourth gas leak on the damaged Nord Stream pipelines, heightening energy security concerns.
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FTSE 100 Slips On Fiscal Policy Concerns

FTSE 100 Slips On Fiscal Policy Concerns

U.K. stocks fell sharply on Thursday as the positive impact on bond markets from the Bank of England's intervention began to fade.
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