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Forex News
European Stocks Close Notably Lower As Growth Worries Resurface
European stocks closed lower on Wednesday, snapping a three-day winning streak, as worries about inflation and economic slowdown resurfaced.
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936 days ago
U.S. Services Index Indicates Slightly Slower Growth In September
The Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September. The ISM said its services PMI edged down to 56.7 in September from 56.9 in August, although a reading above 50 still indicates growth in the sector.
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936 days ago
U.S. Trade Deficit Narrows To Smallest In Over A Year In August
With the value of imports showing a notable decrease, the Commerce Department released a report on Wednesday showing the U.S. trade deficit narrowed by more than expected in the month of August. The Commerce Department said the trade deficit narrowed to $67.4 billion in August from a revised $70.5 billion in July.
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936 days ago
U.S. Private Sector Job Growth Slightly Exceeds Estimates In September
Private sector employment in the U.S. increased by slightly more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment surged by 208,000 jobs in September after climbing by an upwardly revised 185,000 jobs in August.
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936 days ago
U.S. Trade Deficit Narrows More Than Expected In August
With the value of imports showing a notable decrease, the Commerce Department released a report on Wednesday showing the U.S. trade deficit narrowed by more than expected in the month of August.
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936 days ago
Quest To Buy Outreach Lab Services Business Of Summa Health For Undisclosed Terms
Quest Diagnostics (DGX), a provider of diagnostic information services, and Summa Health, a large integrated healthcare delivery system in Ohio, announced Wednesday a definitive agreement for Quest to acquire select assets of Summa Health's outreach laboratory services business, referred to as LabCare Plus, in an all-cash transaction.
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936 days ago
U.S. Private Sector Employment Jumps More Than Expected In September
Private sector employment in the U.S. increased by slightly more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday.
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936 days ago
more news
Dollar Little Changed Following ADP Data
ADP private sector employment data for September has been released at 8:15 am ET Wednesday. The greenback changed little against its major counterparts after the data.
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936 days ago
Dollar Mixed Ahead Of ADP Data
ADP private sector employment data for September is due at 8:15 am ET Wednesday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency held steady against the yen, it rose against the rest of major rivals.
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936 days ago
Eurozone Private Sector Output Declines At Fastest Pace Since Early 2021
The euro area private sector business activity contracted at the sharpest pace since January 2021 as output in both manufacturing and services sectors declined at faster rates amid high inflation, rising economic uncertainty and weakening demand, final survey results from S&P Global showed on Wednesday. The final composite output index fell to a 20-month low of 48.1 in September from 48.9.
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936 days ago
KKR Boosts Investment In NetSPI With $410 Mln In New Funding
NetSPI announced Wednesday that global investment firm KKR & Co. (KKR) is increasing its investment in the company with $410 million in new funding. The growth investment validates NetSPI's significant outperformance since KKR's initial investment in May 2021.
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936 days ago
U.S. Dollar Advances In Cautious Trade
The U.S. dollar climbed against its major counterparts in the European session on Wednesday, as optimism over a slowdown in the pace of the Federal Reserve's monetary policy tightening receded.
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936 days ago
RPM International Q1 Results Top Estimate; Guides Q2 Sales
RPM International, Inc. (RPM) reported Wednesday that net income attributable to RPM for the first quarter grew to $169.01 million or $1.31 per share from $134.58 million or $1.04 per share in the prior-year quarter.
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936 days ago
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