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TSX Ends Weak As Communications, Tech Stocks Decline

The Canadian market closed weak on Friday, weighed down by losses in communications, healthcare and technology sectors. Besides reacting to earnings updates, investors digested Canadian jobs data, and assessed the non-farm payroll data from the U.S. Labor Department as well.
RTTNews | Před 1 dnem
Dollar Rises Against Major Counterparts

Dollar Rises Against Major Counterparts

The U.S. dollar climbed higher on Friday as the Labor Department's non-farm payroll data raised bets the Federal Reserve will hold rates unchanged at its next meeting.
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U.S. Dollar Jumps After Jobs Data

U.S. Dollar Jumps After Jobs Data

The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as the latest jobs data showed a drop in the unemployment rate and strong wage growth.
RTTNews | Před 1 dnem
European Stocks Close Lower After Cautious Session

European Stocks Close Lower After Cautious Session

European stocks closed lower on Friday with the mood turning cautious as investors assessed the latest batch of economic data from the U.S. and Europe, and reacted to a slew of earnings updates while awaiting clarity on the Trump administration's trade policies and tariff moves.
RTTNews | Před 1 dnem
Canadian Market Modestly Lower After Jobs Data

Canadian Market Modestly Lower After Jobs Data

The Canadian market is down in negative territory on Friday after data showing a drop in the nation's unemployment rate dimmed prospects of a rate cut by the Bank of Canada in March.
RTTNews | Před 1 dnem
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U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge

U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index slumped to 67.8 in February after rising to 71.1 in January. Economists had expected the index to inch up by to 72.0.
RTTNews | Před 1 dnem
U.S. Employment Climbs Less Than Expected In January

U.S. Employment Climbs Less Than Expected In January

While the Labor Department released a report on Friday showing employment in the U.S. increased by less than expected in the month of January, the report also showed the unemployment rate unexpectedly edged slightly lower.
RTTNews | Před 1 dnem
India Cuts Interest Rates For First Time Since 2020

India Cuts Interest Rates For First Time Since 2020

The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor prioritized providing impetus to economic growth than containing inflation and, underlined that the bank does not target any exchange rate level for the rupee. The 6-member RBI Monetary Policy Committee, headed by Governor Sanjay Malhotra, decided to lower the policy
RTTNews | Před 1 dnem
FTSE 100 Modestly Lower In Cautious Trade

FTSE 100 Modestly Lower In Cautious Trade

U.K. stocks are drifting lower in cautious trade Friday morning, after rising to record highs in the previous session, as investors await the release of U.S. non-farm payroll data for some clues about the Federal Reserve's likely move on interest rates.
RTTNews | Před 1 dnem
Amazon Q4 Upbeat, Sees Sales Growth In Q1; But Stock Down

Amazon Q4 Upbeat, Sees Sales Growth In Q1; But Stock Down

Shares of Amazon.com Inc. declined around 4 percent in the extended trading on Thursday and are currently down around 3 percent in the pre-market activity on the Nasdaq, after the tech major projected slower sales growth in the first quarter than the fourth quarter, with a significant unfavorable foreign exchange imapct. This was despite reporting higher earnings, above the Street estimates...
RTTNews | Před 1 dnem

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