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Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the negative cues from Wall Street overnight, boosted by strong gains in materials and energy stocks on firm metal and crude oil prices. An unexpected decline by US weekly jobless claims also seemingly provided support for the US Fed's measured approach to lower interest rates. Asian markets ended mostly lower on Thursday.
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6h 3minuter sedan
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market trading on Friday, also adding to the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,200 level, with gains across most sectors led by gold miners, energy and technology stocks.
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6h 46minuter sedan
Sensex, Nifty Seen Lower At Open After Strong Rally
Indian shares may drift lower at open on Friday after U.S. stocks fell for a fifth day running overnight, underscoring a cautious start to the year.
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6h 53minuter sedan
Australian Market Notably Higher
The Australian stock market is notably higher on Friday, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to well above the 8,200 level, with gains across most sectors led by gold miners and energy stocks amid firm metal and crude oil prices.
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8h 29minuter sedan
TSX Starts New Year On Strong Note
The Canadian market ended the first trading session on a strong note, as materials and energy stocks climbed higher on firm metal and crude oil prices on Thursday.
Data showing continued expansion in Canada's manufacturing activity also helped underpin sentiment.
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10h 37minuter sedan
Dollar Rises Against Major Counterparts After Jobless Claims Data
The U.S. dollar rose to over 2-year high on Thursday amid bets the pace of interest rate cuts by the Federal Reserve will be slow this year, after data showed a bigger than expected drop in weekly jobless claims.
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11h 23minuter sedan
U.S. Dollar Advances As Weekly Jobless Claims Drop To Eight-month Low
The U.S. dollar rose against its major counterparts in the New York session on Thursday, as the nation's jobless claims came in below economists' forecasts last week, supporting expectations that the Federal Reserve will slow the pace of rate cuts going forward.
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13h 39minuter sedan
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Canadian Market Remains Firm Despite Coming Off Early Highs
The Canadian market remains firmly placed in positive territory Thursday afternoon despite paring a significant portion of early gains. Materials and energy stocks have moved higher thanks to firm commodity prices. Encouraging manufacturing activity data is aiding sentiment.
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13h 44minuter sedan
European Stocks Close First Trading Session Of New Year On Bright Note
European stocks shrugged off early weakness and closed on a positive note on Thursday, the first trading session in 2025, despite data showing a sharp contraction in manufacturing activity in most of the major economies in the region in the month of December, persisting concerns on the geopolitical front.
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15h 29minuter sedan
U.S. Construction Spending Unexpectedly Flat In November
With an uptick by spending on private construction offset by a dip in spending on public construction, the Commerce Department released a report on Thursday showing U.S. construction spending was virtually unchanged in the month of November. The Commerce Department construction spending crept up by less than a tenth of a percent to an annual rate of $2.153 trillion in November.
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18h 5minuter sedan
U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous week's revised level of 220,000.
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18h 57minuter sedan
U.S. Weekly Jobless Unexpectedly Claims Dip To 211,000
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday.
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19h 52minuter sedan
Bay Street Likely To Open First Session Of 2025 On Positive Note
Higher Canadian and U.S. futures and rising crude oil and bullion prices indicate a positive open for the Canadian market Thursday morning. Weak manufacturing activity data from major European countries may hurt a bit.
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20h 32minuter sedan
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