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U.S. Wholesale Inventories Rise Slightly Less Than Expected In July
Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories crept up by 0.2 percent in July, while revised data showed inventories were unchanged in June.
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Labor Market Jitters Weaken The Dollar
The U.S. Dollar slipped again during the week ended September 6 amidst renewed rate cut expectations triggered by updates from the labor market.
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Bay Street Likely To Open Higher
Higher Canadian and U.S. futures and firm crude oil prices point to a positive start for Canadian stocks Monday morning.
The mood is likely to remain a bit cautious ahead of U.S. inflation data due this week and the Federal Reserve's policy meeting on September 17 and September 18.
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Eurozone Sentix Investor Confidence Deteriorates On German Chaos
Euro area investor sentiment weakened further in September as the single currency bloc remains on the brink of recession with the political and economic chaos in Germany weighing heavily on the entire region. The investor confidence index fell to -15.4 in September from -13.9 in August, survey results from the behavioral research institute Sentix showed Monday. This was the third consecutive fal
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Sensex, Nifty Finish Higher; Financials And FMCG Stocks Outperform
Indian shares eked out modest gains on Monday, tracking mixed cues from global markets.
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Eggs, Whole Cantaloupe Recalled For Salmonella Risk
The U.S. Food and Drug Administration has announced recalls of eggs as well as whole cantaloupe citing the potential to be contaminated with Salmonella. Bonduel, Wisconsin-based Milo's Poultry Farms, LLC is calling back all "Milo's Poultry Farms" and "Tony's Fresh Market" branded eggs. Further, Scottsdale, Arizona-based Eagle Produce LLC is recalling 224 cases of whole cantaloupe.
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European Shares Inch Higher Before Key Inflation Readings
European stocks traded higher on Monday ahead of consumer price inflation figures from Germany, Spain and France due later in the week.
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UK Labor Market Conditions Soften In August: KPMG/REC Report
The UK labor market conditions softened in August as permanent job placements declined sharply amid reduced demand for new staff and falling pay growth, a report compiled by S&P Global showed Monday. Permanent staff placements declined for the 23rd straight month in August, the KPMG and REC, UK Report on Jobs survey.
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FTSE 100 Gains Ahead Of Macro Data
U.K. stocks traded higher on Monday after declining for six straight sessions.
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CAC 40 Gains Ahead Of Upcoming ECB And Fed Meetings
French stocks advanced on Monday after U.S. Treasury Secretary Janet Yellen said that the U.S. economy remains strong and that recent months of cooler jobs data is a signal of a soft landing, not a recession.
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DAX Edges Higher With ECB Rate Decision In Focus
German stocks opened on a firm note Monday, after having suffered heavy losses on Friday on concerns about slowing U.S. growth.
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Asian Shares Retreat On Growth Worries
Asian stocks declined on Monday due to lingering worries about U.S. and Chinese growth.
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Big Lots Agrees Sale To Nexus, Files For Bankruptcy
Discount home goods retailer Big Lots, Inc. announced that it has entered into an agreement to be acquired by an affiliate of Nexus Capital Management LP. To facilitate the deal, the company, together with its units, initiated Chapter 11 Bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware.
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