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European Stocks Recover From Mid-session Setback, Close On Firm Note
European stocks shrugged off a mid-session setback and closed higher on Tuesday, as investors reacted to some positive economic data from the U.S. and Europe, and looked ahead to crucial inflation readings from the U.S. and U.K., due later in the week.
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Pred 134 dňami
US Small Business Confidence Continues To Improve Despite Inflation Worries - NFIB
Small business sentiment in the U.S. strengthened to a two-and-a-half-year high in July though inflation remained the top concern for businesses, the monthly survey results from the National Federation of Independent Business (NFIB) showed Tuesday. The NFIB Small Business Optimism Index rose for the fourth month in a row in July, up 2.2 points to 93.7 from 91.5 in June.
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Pred 134 dňami
U.S. Producer Prices Inch Up In Line With Estimates In July, Annual Growth Slows Notably
Producer prices in the U.S. crept higher in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand inched up by 0.1 percent in July after rising by 0.2 percent in June. The uptick by producer prices matched economist estimates.
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Pred 134 dňami
China Bank Lending Remains Weak
China's bank lending remained weak in July amid high interest rates, official data revealed on Tuesday. Aggregate financing totalled CNY 18.87 trillion in the January to July period, which was down by CNY 3.22 trillion, the People's Bank of China said. Within this total, yuan-denominated loans to the real economy increased by CNY 12.38 trillion in the first seven months of the year.
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Pred 134 dňami
Alaska Airlines Invests In JetZero To Advance New Technology For Net Zero Carbon Emissions
Alaska Airlines (ALK) announced Tuesday an investment in JetZero, a company developing a new blended-wing body (BWB) aircraft that will provide up to 50% less fuel burn and lower emissions.
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Pred 134 dňami
UK Wage Data Supports Calls For Gradual Rate Cut
The slower-than-expected deceleration in the UK wage growth supports the case for gradual interest rate cuts by the Bank of England later this year after a quarter-point reduction early this month. Average earnings excluding bonus climbed 5.4 percent in the three months to June from the previous year, slower than the 5.8 percent rise in the prior period, the Office for National Statistics said.
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Pred 134 dňami
FirstEnergy Reaches Settlement With Ohio Attorney General And Summit County Prosecutor
FirstEnergy Corp. (FE) announced Tuesday that it has reached an agreement, effective Aug. 12, 2024, with the Office of the Ohio Attorney General and the Office of the Summit County Prosecutor to resolve all outstanding proceedings between the parties.
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Pred 134 dňami
more news
U.S. Producer Prices Inch Up 0.1% In July, In Line With Estimates
Producer prices in the U.S. crept higher in the month of July, according to a report released by the Labor Department on Tuesday.
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Pred 134 dňami
Anteris Technologies Submits Confidential Draft Registration Statement For Proposed US IPO
Biotechnology company Anteris Technologies Ltd. (AVR) said Tuesday it has submitted a confidential draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission by its affiliate, Anteris Technologies Global Corp., relating to the proposed U.S. initial public offering by Anteris Global of its shares of common stock.
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Pred 134 dňami
Bay Street Likely To Open With Negative Bias
Canadian shares may open with a negative bias on Tuesday, weighed down by lower crude oil and metal prices. The market is likely to move in a tight band for much of the day's session as investors await key economic data.
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Pred 134 dňami
Home Depot Cuts FY24 Earnings, Comps View, Lifts Sales Forecast; Stock Down
Shares of Home Depot, Inc. were losing more than 5 percent in the pre-market activity on the NYSE after the home improvement retailer on Tuesday reported weak earnings in its second quarter amid lower comparable sales, despite a slight growth in total sales. However, adjusted earnings beat the Street estimates. Further, the company revised down its fiscal 2024 earnings view, to now expect a...
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Pred 134 dňami
U.S. Dollar Edged Down Last Week As Recession Fears Ebbed
The week ended August 9 witnessed the Dollar stabilize after a massive market turbulence triggered by fears of a recession in the U.S.
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Pred 134 dňami
Sensex, Nifty End Sharply Lower; HDFC Bank Shares Tumble Over 3%
Indian shares fell sharply on Tuesday as investors waited for the release of key U.S. inflation readings this week that could influence the Fed's rate trajectory.
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Pred 134 dňami
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