Swiss Market Ends Moderately Lower

European Stocks Close Sharply Lower As Trump's Tariff Announcement Triggers Sell-off

European stocks tumbled on Thursday with several markets falling to multi-month lows as U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement triggered widespread selling. It is feared that the new levies could fuel inflation and disrupt global supply chains and lead to trade wars.

RTTNews | 4h 9min ago

Canadian Market Down Sharply On Heavy Selling As Trump's Tariffs Hurt Sentiment

Canadian stocks are deep down in the red on Thursday, hurt by U.S. President Donald Trump's sweeping tariff announcement that is likely to trigger a global trade war, which could push up inflation and hinder economic growth. The benchmark S&P/TSX Composite Index, which crashed to 24,429.24, losing about 880 points, was down 737.43 points or 2.91% at 24,569.75 a little while ago.

RTTNews | 5h 0min ago

U.S. Services Index Drops To Nine-Month Low In March

U.S. service sector growth slowed by more than anticipated in the month of March, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI fell to 50.8 in March after inching up to 53.5 in February. While a reading above 50 still indicates growth, economists had expected the index to show a more modest decrease to 53.0.

RTTNews | 6h 46min ago

U.S. Trade Deficit Shrinks From Record High As Exports Surge

The Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed in the month of February after soaring to a record high in January. The report said the trade deficit decreased to $122.7 billion in February after spiking to a revised $130.7 billion in January.

RTTNews | 6h 51min ago

U.S. Weekly Jobless Claims Unexpectedly Dip To 219,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 29th. The report said initial jobless claims dipped to 219,000, a decrease of 6,000 from the previous week's revised level of 225,000.

RTTNews | 7h 14min ago

Euro Advances Against Majors

The euro strengthened against other major currencies in the European session on Thursday, as the U.S. dollar suffered due to concerns about the country's short-term economic prospects and the continuous imposition of tariffs on trading partners. The euro was also supported by economic data.

RTTNews | 7h 51min ago

Eurozone Private Sector Growth At 7-Month High

The euro area private sector growth accelerated to a seven-month high in March, adding to hopes of recovery in the currency bloc as the fiscal support planned by Germany is more likely to offset the threats caused by the U.S. tariffs, final results of the monthly purchasing managers' survey by S&P Global showed on Thursday.

RTTNews | 7h 58min ago

Bay Street Likely To Open Sharply Lower

Sharply lower U.S. and Canadian futures, weak European stocks and falling oil and bullion prices point to a gap down opening for the Canadian market on Thursday.

RTTNews | 8h 25min ago

EURUSD	1.10307	GBPUSD	1.31022	AUDUSD	0.63443
USDJPY	146.186	USDCAD	1.40701	USDCHF	0.86057

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Swiss Market Ends Moderately Lower