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European Stocks Close Sharply Lower On U.S. Recession Fears

European stocks plunged sharply on Friday, sending several markets in the region to multi-month lows, amid concerns the weak U.S. data and the delay in interest rate cuts by the Fed could lead the world's largest economy into a recession.
RTTNews | 158 gün önce
U.S. Factory Orders Plunge More Than Expected In June

U.S. Factory Orders Plunge More Than Expected In June

New orders for U.S. manufactured goods saw a steep drop in the month of June, according to a report released by the Commerce Department on Friday. The report said factory orders plunged by 3.3 percent in June after falling by 0.5 percent in May. Economists had expected factory orders to tumble by 2.9 percent.
RTTNews | 159 gün önce
U.S. Job Growth Falls Well Short Of Estimates In July, Unemployment Rate Rises

U.S. Job Growth Falls Well Short Of Estimates In July, Unemployment Rate Rises

The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by much less than expected in the month of July. The report said non-farm payroll employment climbed by 114,000 jobs in July after jumping by a downwardly revised 179,000 jobs in June. Economists had expected employment to rise by 175,000 jobs.
RTTNews | 159 gün önce
ExxonMobil Q2 Results Top Estimates

ExxonMobil Q2 Results Top Estimates

Oil major Exxon Mobil Corp. (XOM) reported Friday a net profit for the second quarter that increased from last year, reflecting record quarterly production from its low-cost-of-supply Permian and Guyana assets. Adjusted earnings per share and quarterly revenues topped analysts' expectations.
RTTNews | 159 gün önce
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Church & Dwight Reaffirms FY24 Adj. EPS Outlook - Update

Church & Dwight Reaffirms FY24 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Friday, Church & Dwight Co., Inc. (CHD) maintained its adjusted earnings growth for the full-year 2024, while trimming annual net sales growth.
RTTNews | 159 gün önce
Millicom International Swings To Profit In Q2

Millicom International Swings To Profit In Q2

Millicom International Cellular S.A. (TIGO) reported Friday net profit for the second quarter of $78 million or $0.46 per share, compared to a net loss of $22 million or $0.13 per share in the prior-year quarter.
RTTNews | 159 gün önce
European Shares Extend Losses On US Recession Worries

European Shares Extend Losses On US Recession Worries

European stocks fell on Friday to extend losses from the previous session as risk-off mood prevailed amid fears that the U.S. Federal Reserve has left it too late to begin cutting interest rates and risks damaging the world's largest economy.
RTTNews | 159 gün önce
FTSE 100 Falls On Economic Concerns

FTSE 100 Falls On Economic Concerns

U.K. stocks drifted lower on Friday after weak data dented hopes of 'soft landing' for the world's largest economy.
RTTNews | 159 gün önce

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