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Dollar Stays Firm Against Major Counterparts

The U.S. dollar gained some ground against its major counterparts on Wednesday with traders assessing the likely move of the Federal Reserve with regard to interest rates, after recent economic data and hawkish comments from some Fed officials.
RTTNews | Před 14 h 48 min
Swiss Market Ends Higher For 4th Straight Day

Swiss Market Ends Higher For 4th Straight Day

The Switzerland market ended on a firm note on Wednesday, extending recent gains, amid continued optimism about interest rate cuts by several central banks, including the Swiss National Bank. Investors continued to react positively to some upbeat earnings updates as well.
RTTNews | Před 18 h 39 min
European Stocks Close Higher Again On Earnings, Rate Cut Hopes

European Stocks Close Higher Again On Earnings, Rate Cut Hopes

European stocks closed higher on Wednesday, turned in another positive performance after recent gains amid rising optimism about interest rate cuts by central banks in the second or third quarter of this year. Fairly encouraging batch of corporate earnings updates too helped underpin sentiment.
RTTNews | Před 19 h 13 min
Canadian Market Down In Negative Territory; Shopify Tanks On Weak Results

Canadian Market Down In Negative Territory; Shopify Tanks On Weak Results

The Canadian market is notably lower Wednesday morning, weighed down by disappointing results from some big name companies, including Shopify Inc. A bit of uncertainty about the outlook for Fed interest rates also appear to be forcing investors into a defensive mood.
RTTNews | Před 20 h 24 min
Uber Q1 Net Loss Sharply Widens, Misses Estimates

Uber Q1 Net Loss Sharply Widens, Misses Estimates

Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss for the first quarter that sharply widened from last year, hurt by a huge net unrealized loss related to the revaluation of Uber's equity investments. Loss per share for the quarter missed analysts' expectations, while quarterly revenues topped it.
RTTNews | Před 21 h 29 min
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U.S. Wholesale Inventories Decrease 0.4% In March, In Line With Estimates

U.S. Wholesale Inventories Decrease 0.4% In March, In Line With Estimates

The Commerce Department released a report on Wednesday showing a pullback by U.S. wholesale inventories in the month of March. The report said wholesale inventories fell by 0.4 percent in March after rising by 0.2 percent in February. The decrease by wholesale inventories matched economist estimates.
RTTNews | Před 21 h 33 min

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