Bay Street May Open Slightly Higher

RTTNews | Před 7 h 13 min

(RTTNews) - Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices..

The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.

The meeting happens following last week's direct phone call between U.S. President Donald Trump and Chinese President Xi Jinping.

Amid a lack of significant economic or earnings data, the market is likely to move largely in a tight band.

The Canadian market ended modestly higher on Friday despite paring some gains after a firm start. The Canadian benchmark S&P/TSX Composite Index settled at 26,429.13, up by 86.84 or 0.33%. For the week, the TSX has managed to gain around 1%.

According to data released by Statistics Canada, the unemployment rate in Canada rose to 7.0% in May from 6.9% in April. However, net employment rose by 8,800 jobs. Average hourly earnings for permanent employees rose by 3.5%.

Asian stocks rose broadly on Monday amid hopes that another round of U.S.-China trade talks that will take place in London later today could help ease trade tensions between the two superpowers.

Beijing confirmed that Vice Premier He Lifeng will attend the talks. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer would likely be present with the U.S. delegation.

European stocks are mostly subdued today with investors making cautious moves with their focus on U.S.-China high-level trade talks in London.

In commodities trading, West Texas Intermediate Crude oil futures are up $0.28 or 0.43% at $64.86 a barrel.

Gold futures are down $7.10 or 0.21% at $3,339.50 an ounce, while Silver futures are gaining $0.291 or 0.81% at $36.430 an ounce.

Canadian Market Up Marginally In Cautious Trade

After a flat start and a subsequent drop to lower levels, the Canadian market emerged into positive territory about an hour past noon on Monday, but remains somewhat subdued with investors seeming reluctant to make significant moves. The mood is cautious as investors await U.S. - China trade talks in London.

RTTNews | Před 1 h 6 min

European Stocks Close Weak After Cautious Session

European markets settled lower on Monday after a subdued performance as investors awaited the outcome of U.S.-China high-level trade talks in London. Also, a lack of regional economic data and earnings news contributed to the cautious mood in the markets.

RTTNews | Před 1 h 35 min

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.

RTTNews | Před 5 h 21 min

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.

RTTNews | Před 8 h 24 min

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.

RTTNews | Před 8 h 46 min

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.

RTTNews | Před 9 h 6 min

Sensex, Nifty End Modestly Higher; Banks And Financials Surge

Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | Před 9 h 16 min

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold

RTTNews | Před 9 h 44 min

EURUSD	1.14266	GBPUSD	1.35607	AUDUSD	0.65211
USDJPY	144.562	USDCAD	1.36848	USDCHF	0.82141

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Bay Street May Open Slightly Higher