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SMI Ends Sharply Lower After SNB Hikes Rates And Signals Further Tightening
Swiss stocks tumbled on Thursday as investors went on a selling spree, weighed down by fears about a recession after several central banks, including the Swiss National Bank and the Federal Reserve, raised their interest rates and signaled more increases in the coming months.
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780 дней спустя
European Stocks Settle Sharply Lower As Rate Hikes, Hawkish Comments Hurt Sentiment
European stocks tumbled on Thursday and most of the markets across the region ended with sharp losses, hitting multi-week lows, as interest rate hikes and hawkish comments by several central banks hurt sentiment.
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781 дней спустя
Lagarde Signals More ECB Rate Hikes As Eurozone Inflation To Stay High
European Central Bank President Christine Lagarde said there will be more interest rate hikes in future, at a steady pace, as the euro area is expected to undergo a shallow recession and inflation in the single currency bloc is set to remain uncomfortably high for a long time.
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781 дней спустя
Canadian Shares Down Sharply On Growth Worries, Interest Rate Jitters
The Canadian market is down sharply on Thursday with traders going on a selling spree across the board as hawkish remarks from the Federal Reserve, and rising concerns about global economic growth due to surging interest rates weigh on sentiment.
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781 дней спустя
Euro Climbs As ECB Raises Key Rates, Signals More Hikes
The euro strengthened against its major rivals in the European session on Thursday, as the European Central Bank lifted its key interest rates by 50 basis points and signalled further tightening on account of an upward revision to the inflation outlook.
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781 дней спустя
U.S. Business Inventories Rise 0.3% In October, Slightly Less Than Expected
With increases in manufacturing and wholesale inventories partly offset by a dip in retail inventories, the Commerce Department released a report on Thursday showing U.S. business inventories rose by slightly less than expected in the month of October.
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781 дней спустя
U.S. Industrial Production Unexpectedly Dips 0.2% In November
A report released by the Federal Reserve on Thursday unexpectedly showed a modest decrease in U.S. industrial production in the month of November. The Fed said industrial production slipped by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.
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781 дней спустя
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Bank Of England Softens Policy Tightening; Signals Additional Hike Ahead
The Bank of England lifted its benchmark rate for the ninth straight session on Thursday, but moderated the pace of tightening from the previous session's 75 basis point hike, as widely anticipated, echoing the US Federal Reserve's move a day earlier. In a three-way split, the Monetary Policy Committee of the BoE raised the bank rate by 50 basis points to 3.50 percent.
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781 дней спустя
Philly Fed Index Remains Negative For Fourth Straight Month In December
Philadelphia-area manufacturing activity contracted at a slower rate in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current activity rose to a negative 13.8 in December from a negative 19.4 in November, although a negative reading still indicates a contraction.
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781 дней спустя
New York Manufacturing Index Indicates Downturn In December
The Federal Reserve Bank of New York released a report on Thursday showing a downturn in regional manufacturing activity in the month of December. The New York Fed said its general business conditions index tumbled to a negative 11.2 in December from a positive 4.5 in November, with a negative reading indicating a contraction.
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781 дней спустя
Walmart Drone Delivery Service Now Available For Select Customers In The Tampa, Orlando Areas
Retail giant Walmart, Inc. (WMT) announced Thursday that its drone delivery service is now available for select customers in the Tampa and Orlando areas. The new delivery option will be fulfilled from seven stores, making it easier than ever for customers to grab those last-minute gifts.
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781 дней спустя
U.S. Retail Sales Pull Back In November Amid Steep Drop In Auto Sales
After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Thursday showing retail sales pulled back by much more than expected in the month of November.
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781 дней спустя
Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO
Patterson Companies, Inc. (PDCO) announced Thursday enhancements to its executive leadership team to further support the execution of its strategy. Kevin Barry, most recently the Company's Interim Chief Financial Officer, has been named Chief Financial Officer, and Kevin Pohlman, most recently President of Patterson Animal Health, has been named Chief Operating Officer.
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781 дней спустя
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