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Swiss Market Ends Moderately Lower
The Switzerland stock market ended moderately lower on Tuesday after staying negative right through the day's session.
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European Stocks Close Lower On Growth Concerns
European stocks closed lower on Tuesday with investors digesting the latest batch of economic data from Europe, China and the U.S., and closely following the U.S. debt ceiling talks.
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Canadian Stocks Firmly Down In Negative Territory As Inflation Data Weighs
The Canadian market is down firmly in negative territory a little past noon on Tuesday, weighed down by data showing a bigger than expected increase in Canadian consumer price inflation in the month of April.
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U.S. Dollar Rebounds After Strong Retail Sales Data
The U.S. dollar erased its early losses against its major counterparts in the European session on Tuesday, as the nation's retail sales increased in April, in a sign that the economy is gaining traction.
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U.S. Homebuilder Confidence Unexpectedly Continues To Improve In May
Homebuilder confidence in the U.S. has unexpectedly improved in the month of May, the National Association of Home Builders revealed in a report released on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index jumped to 50 in May from 45 in April. Economists had expected the index to come in unchanged compared to the previous month.
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U.S. Business Inventories Unexpectedly Edge Slightly Lower In March
A report released by the Commerce Department on Tuesday unexpectedly showed a modest decrease in U.S. business inventories in the month of March. The Commerce Department said business inventories edged down by 0.1 percent in March following a revised unchanged reading in February.
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U.S. Industrial Production Unexpectedly Increases As Manufacturing Output Rebounds
Partly reflecting a notable rebound in manufacturing output, the Federal Reserve released a report on Tuesday showing an unexpected increase in U.S. industrial production in the month of April. The Fed said industrial production climbed by 0.5 percent in April, while revised data showed production was unchanged in each of the two previous months.
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more news
U.S. Retail Sales Growth Falls Short Of Estimates In April
Retail sales in the U.S. rebounded by less than expected in the month of April, according to a report released by the Commerce Department on Tuesday. The Commerce Department said retail sales rose by 0.4 percent in April after falling by a revised 0.7 percent in March.
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Před 859 dny
Abbott Says FDA Approves Spinal Cord Stimulation Devices To Treat Chronic Back Pain
Abbott Laboratories (ABT) announced Tuesday that the U.S. Food and Drug Administration (FDA) has approved its spinal cord stimulation (SCS) devices for the treatment of chronic back pain in people who have not had or are not eligible to receive back surgery, known as non-surgical back pain.
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Před 859 dny
Eurozone Employment Rises Most Since 2021 Despite Modest GDP Growth
The euro area employment increased the most since 2021 in the first quarter despite the economy undergoing a mild growth amid the aggressive monetary policy tightening, while the currency bloc posted its first trade surplus since September 2021 but due to a marked decrease in imports. The quarterly growth in employment doubled to 0.6 percent in the first quarter.
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German Economic Sentiment Turns Negative In May
Germany's investor confidence turned negative in May for the first time in five months amid concerns over further interest rate hikes by the European Central Bank and the uncertainty on the global markets over worries of a US debt default, survey results from ZEW showed on Tuesday.
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U.S. Retail Sales Rebound Less Than Expected In April
Retail sales in the U.S. rebounded by less than expected in the month of April, according to a report released by the Commerce Department on Tuesday.
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Před 859 dny
UK Jobless Rate Climbs, Payroll Employment Declines
The UK unemployment rate rose slightly and payroll employment declined for the first time in more than two years as the economic slowdown started to bite the labor market. The jobless rate rose to 3.9 percent in the three months to March from 3.8 percent in the preceding month, data published by the Office for National Statistics showed on Tuesday.
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Před 859 dny
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