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U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher

After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised 315,000 jobs in March.
RTTNews | Před 502 dny
U.S. Employment Climbs Much Less Than Expected In April

U.S. Employment Climbs Much Less Than Expected In April

After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April.
RTTNews | Před 502 dny
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares look headed for a positive start Friday morning, tracking firm crude oil prices and gains in European markets. Encouraging earnings updates from Apple Inc., is also likely to aid sentiment.
RTTNews | Před 502 dny
Societe Generale Q1 Profit Declines, Yet Stock Up

Societe Generale Q1 Profit Declines, Yet Stock Up

French financial services provider Societe Generale S.A. reported Friday that its first-quarter net profit declined from last year amid nearly stable net revenues. Gross operating income, however, increased from the prior year. In Paris, Societe Generale shares were gaining around 4.4 percent in the morning trading.
RTTNews | Před 502 dny
European Shares Inch Higher On Earnings

European Shares Inch Higher On Earnings

European stocks inched higher on Friday after European Central Bank policymaker Yannis Stournaras said he sees three rate cuts in 2024.
RTTNews | Před 502 dny
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FTSE 100 Rises As Services PMI Improves

FTSE 100 Rises As Services PMI Improves

U.K. stocks rose on Friday after a closely watched survey showed the British economy is "pulling further out of last year's shallow recession" as the dominant services sector grew at its fastest pace in nearly a year.
RTTNews | Před 502 dny
CAC 40 Gains Led By Banks

CAC 40 Gains Led By Banks

French stocks traded higher on Friday, as encouraging bank earnings outweighed weak data showing that France's industrial production declined unexpectedly in March after rebounding in the previous month.
RTTNews | Před 502 dny
DAX Inches Higher On ECB Rate Cut Hopes

DAX Inches Higher On ECB Rate Cut Hopes

German stocks were modestly higher on Friday after European Central Bank policymaker Yannis Stournaras said he sees three rate cuts in 2024.
RTTNews | Před 502 dny
U.S. Dollar Falls Amid Risk Appetite

U.S. Dollar Falls Amid Risk Appetite

The U.S. dollar weakened against other major currencies in the Asian session on Friday amid risk appetite, as traders had expressed some concerns the U.S. Fed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated those worries. Powell said the next rate move from the central bank will most likely be an interest rate reduction.
RTTNews | Před 502 dny
European Economics Preview: Eurozone Jobless Data Due

European Economics Preview: Eurozone Jobless Data Due

Unemployment figures from the euro area and Spain, and the purchasing managers' survey results for the services sector from the U.K. are the highlights on the economics front on Friday. Eurozone jobless rate is expected to remain steady at 6.5 percent in March. Eurostat is set to release the data at 05:00 am ET.
RTTNews | Před 502 dny

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