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TSX Ends Moderately Lower
The Canadian market opened modestly higher on Thursday but retreated soon and stayed weak till the very end of the session amid concerns about the outlook for interest rates and economic growth.
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Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar turned in a mixed performance against its major counterparts on Thursday, with investors weighing interest rate prospects after the minutes from the Federal Reserve's July policy meeting indicating further hikes to control inflation.
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U.S. Stocks Tumble For 3rd Straight Day As Bond Yields Rise
U.S. stocks fell on Thursday, extending recent losses, amid concerns the Federal Reserve will hold interest rates higher for longer to control inflation.
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U.S. Stocks Down In Negative Territory, Look Headed For Another Weak Close
U.S. stocks, which fell after a slightly positive start Thursday morning, remain firmly down in negative territory around later afternoon, and look headed for another weak close.
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Swiss Market Ends Notably Lower
The Switzerland stock market ended weak on Thursday, in line with markets across Europe, as worries about the health of China's economy and uncertainty about interest rates continued to weigh on sentiment.
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European Stocks Close Lower On Growth Worries
European stocks closed weak on Thursday, extending recent losses, as worries about China's economic woes, interest rate and inflation concerns continued to weigh on sentiment.
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Canadian Shares Turning In Mixed Performance
Canadian shares are turning in a mixed performance in cautious trade on Thursday with investors continuing to assess the outlook for economic growth and interest rate paths of global central banks.
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Japanese Yen Advances Against Majors
The Japanese yen climbed against its major counterparts in the European session on Thursday, amid worries over China's sluggish economic recovery and the prospect of higher interest rates in the U.S.
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Norges Bank Signals Tightening To Continue In September
The Norwegian central bank raised its interest rates on Thursday, in line with its guidance in June, and hinted at further tightening ahead if the economic situation pans out as expected.
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U.S. Weekly Jobless Claims Edge Modestly Lower
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended August 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 239,000, a decrease of 11,000 from the previous week's revised level of 250,000.
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Walmart Q2 Profit Up 53%; Results Top Estimates
Retail giant Walmart reported Thursday a net profit for the second quarter that surged 53.3 percent from last year, reflecting improved gross margins and revenue growth. The results were also driven by the rebound in international markets. Both adjusted earnings per share and revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2024.
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U.S. Weekly Jobless Claims Slip To 239,000
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended August 12th, according to a report released by the Labor Department on Thursday.
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Před 728 dny
Nuvectis Pharma Says FDA Grants Orphan Drug Designation To NXP800 For Cholangiocarcinoma
Biopharmaceutical company Nuvectis Pharma, Inc. (NVCT) announced Thursday that NXP800 was granted Orphan Drug Designation by the U.S. Food and Drug Administration (FDA) for the treatment of cholangiocarcinoma.
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Před 728 dny
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