Forex News
U.S. Stocks Close On Mixed Note
After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day's session on a mixed note.
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164 days ago
Canadian Market Looks Headed For Weak Close; Energy Stocks Fall
The Canadian market is down firmly in negative territory Monday afternoon with energy stocks reeling under sustained selling pressure on weak oil prices. A few stocks from healthcare and industrials sectors are also sharply lower.
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164 days ago
U.S. Dollar Drops Amid Weak ISM Manufacturing PMI
The U.S. dollar moved down against its major counterparts in the New York session on Monday, following the release of weaker-than-expected ISM manufacturing PMI data for May.
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164 days ago
Swiss Market Ends Slightly Up
The Switzerland market slipped into negative territory in the final hour of the session on Monday, but managed to edge higher and finish with a slender gain as a few stocks held firm.
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164 days ago
European Stocks Close Broadly Higher
European markets closed largely higher on Monday with investors picking up stocks, looking ahead to the European Central Bank's monetary policy announcement due later in the week.
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164 days ago
US Construction Spending Logs Surprise Fall In April
US construction spending shrunk unexpectedly in April amid declines in both private and public construction, preliminary data from the U.S. Census Bureau showed Monday. Construction spending dipped 0.1 percent to $2,099.0 billion from the revised estimate of $2,101.5 billion in March. Spending was expected to grow 0.2 percent after a 0.2 percent decrease in March.
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164 days ago
U.S. Manufacturing Index Unexpectedly Edges Lower In May
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of May, according to a report released by the Institute for Supply Management on Monday.
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164 days ago
more news
Kite Says Tecartus Shows Prolonged OS In Adults With Refractory B-cell Acute Lymphoblastic Leukemia
Kite, a Gilead Sciences, Inc. Company (GILD), announced Monday updated, four-year overall survival (OS) data from the pivotal ZUMA-3 study evaluating the CAR T-cell therapy Tecartus (brexucabtagene autoleucel) in adult patients with relapsed or refractory B-cell acute lymphoblastic leukemia (R/R B-ALL).
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164 days ago
Dollar Edged Down Last Week Amidst Inline PCE Data
PCE-based inflation data from the U.S. that came in mostly along expected lines marginally dragged down the 6-currency Dollar Index during the week ended May 31.
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164 days ago
Nvidia Stock Up On Launch Of New AI Chips Amid Surging Demand
Nvidia Corp. shares were gaining more than 4 percent in the early morning trading on the Nasdaq after the chipmaker launched its next generation of artificial intelligence or AI chips amid the surging competition and significant growth in demand worldwide. The AI hardware company's Chief Executive Officer Jensen Huang announced the new AI chip architecture, dubbed 'Rubin', for 2026...
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164 days ago
UEFA European Football Championship Unlikely To Give Major Boost To German Retail - Ifo
Only supermarkets, beverage retailers and specialized sports goods stores in Germany are likely to register any significant growth in sales as the country hosts the UEFA Euro 2024 football tournament that kicks off in the middle of the month, the ifo institute said Monday. The ifo business confidence indicator for the retail industry rose to -13.3 points in May from -14.5 points in April.
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164 days ago
PetMed Express Appoints Caroline Conegliano To Newly Created Role Of COO
PetMed Express, Inc., dba PetMeds and parent company of PetCareRx, (PETS) announced Monday several changes to its executive leadership team to further advance key initiatives to improve the customer experience, and to accelerate growth and profitability.
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164 days ago
Spirit Airlines CFO Scott Haralson To Depart; Names Brian McMenamy Interim CFO
Spirit Airlines (SAVE) announced Monday that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024.
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164 days ago
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