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Canadian Market Ends Weak Again; RBC, National Bank Shine On Strong Results
The Canadian market ended weak on Wednesday, extending losses from the previous session, as investors chose to take some profits ahead of a slew of crucial economic data, including reports on U.S. personal income and spending.
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126 일 전
Dollar Rebounds, Gains Against Major Counterparts
The U.S. dollar firmed against its major counterparts on Wednesday, recovering smartly from recent losses, as traders awaited some key economic data such as inflation report from eurozone, U.S. personal income and spending data, which includes readings on inflation said to be preferred by the Federal Reserve.
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126 일 전
Swiss Market Closes On Firm Note
The Switzerland market ended on a firm note on Wednesday after holding well above the flat line right through the day's trading thanks to sustained buying at several counters amid optimism about an interest rate cut by the Swiss Central Bank next month.
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127 일 전
Swiss Franc Higher Amid Cautious Mood
The Swiss franc rose against its major counterparts in the New York session on Wednesday, as risk sentiment dampened ahead of the release of quarterly results from AI darling Nvidia (NVDA) after the close of today's trading.
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127 일 전
Major European Markets Close Higher Ahead Of Key Results, Economic Data
The major European markets closed mostly higher on Wednesday with investors taking some fresh positions ahead of a slew of crucial regional and U.S. economic data due later in the week. Investors also awaited results from Nvidia due later today.
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127 일 전
Materials, Technology Stocks Dragging Down Canadian Market
Materials, technology and healthcare stocks are having a tough ride in the Canadian market on Wednesday, with investors largely making cautious moves while awaiting some key economic data, including readings on U.S. inflation.
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127 일 전
GM To Build New $3.5 Bln EV Battery Plant With Samsung SDI
Auto major General Motors has signed a deal with South Korean EV battery maker Samsung SDI to establish a joint venture to build a $3.5 billion plant to supply electric vehicle or EV batteries in the United States. The new battery cell manufacturing plant with an annual production capacity of 27GWh initially, is targeting mass production in 2027.
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127 일 전
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CVS Offers Updated 2024-2025 COVID-19 And Flu Vaccines
CVS Health Corp. announced Wednesday the availability of updated 2024-2025 COVID-19 vaccines and flu vaccines at CVS Pharmacy and MinuteClinic locations across the United States. The U.S. Food and Drug Administration recently approved and granted emergency use authorization or EUA for updated Covid vaccines (2024-2025 formula) from Pfizer Inc. and ModernaTX Inc. for use against currently...
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127 일 전
Abercrombie & Fitch Q2 Results Top Estimates; Boosts FY24 Net Sales Growth Outlook
Specialty retailer Abercrombie & Fitch (ANF) reported Wednesday that net income attributable to the company for the second quarter soared to $133.17 million or $2.50 per share from $56.89 million or $1.10 per share in the prior-year quarter.
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127 일 전
Bay Street Seen Opening On Slightly Volatile Note
Canadian shares may open on a volatile note Wednesday morning, with investors reacting to quarterly results from Royal Bank of Canada and the National Bank of Canada, and weak commodity prices.
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127 일 전
Eurozone Private Sector Credit Growth Rises In July
Eurozone private sector credit increased in July but the pace of growth remained weak as high interest rate continued to weigh on borrowing, official data revealed on Wednesday. Adjusted loans to the private sector expanded 1.3 percent from a year ago in July, faster than the 1.1 percent rise in June, the European Central Bank reported.
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127 일 전
Sensex, Nifty End Marginally Higher In Choppy Trading; IT Stocks Surge
Indian shares ended Wednesday's choppy session on a flat note as investors eagerly awaited earnings from market darling Nvidia, which could affect shares of artificial intelligence and other prominent technology stocks.
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127 일 전
French Consumer Confidence Strongest Since Early 2022
French consumer confidence improved in August to the highest point since the start of the war in Ukraine, survey results published by the statistical office INSEE showed on Wednesday. The consumer confidence index rose to 92 in August, in line with forecast, from 91 in July. This was the highest since February 2022. Nonetheless, the score remained below its long-term average.
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127 일 전
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