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European Stocks Close Sharply Lower On Escalating Trade Tensions
European stocks ended sharply lower on Wednesday, turning weak once again after having snapped a four-session losing streak on Tuesday. The mood turned bearish U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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vor 104 Tagen
Canadian Market Remains Weak As Trade Tensions Weigh
The Canadian market is down in negative territory on Wednesday, weighed down by losses in utilities, real estate, healthcare and financials stocks.
The mood is cautious amid escalating trade tensions following Trump's new tariffs, including a 104% total levy on Chinese imports taking effect, and China retaliating b
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vor 104 Tagen
U.S. Wholesale Inventories Rise In Line With Estimates In February
Wholesale inventories in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories rose by 0.3 percent in February, matching the preliminary estimate as well as economist expectations. Wholesale inventories climbed by 0.8 percent in January.
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vor 104 Tagen
Pizza Hut Launches Pizza Caviar
Pizza Hut, a unit of Yum! Brands, Inc., is launching Pizza Caviar, a first-of-its-kind innovation of caviar made with pepperoni-flavored water and agar agar based caviar-style pearls. According to the firm, its bite-sized Pizza Caviar pearls, inspired by the rise of "caviar bumps", are made to taste like pepperoni and designed for dipping, dunking, and bumping.
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vor 105 Tagen
Bay Street Likely To Start On Weak Note
Canadian shares look headed for a weak start on Wednesday after U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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vor 105 Tagen
Delta Stock Up On Q1 Results Above Market; Withdraws FY25 View
Shares of Delta Air Lines Inc. were gaining around 4 percent in the pre-market activity on the NYSE after the airline reported Wednesday higher first-quarter results, above market estimates. The company also issued second-quarter outlook, and said it is not reaffirming or updating its previously given outlook for fiscal 2025 due to the lack of economic clarity.
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vor 105 Tagen
FTSE 100 Drops 3.5% As Selling Resumes
After snapping a four-day losing streak on Tuesday, U.K. stocks have tumbled on Wednesday amid concerns about growth following U.S. President Donald Trump's sweeping tariffs, including a 20% levy on European Union imports becoming effective today.
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vor 105 Tagen
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RBI Shifts Stance To Accommodative As Tariffs Loom
The Reserve Bank of India cut its key policy rates for the second straight meeting and also shifted its monetary policy stance to accommodative as trade tariffs pose risks to the outlook for both inflation and growth. At the first policy meeting of the financial year, the Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, unanimously decided to cut the policy repo rate.
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vor 105 Tagen
U.S. Dollar Falls Amid Fed Rate Cut Bets, U.S. Recession Fears
The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid speculation that the U.S. Federal Reserve may need to speed up rate cuts and also on fears of a potential U.S. recession.
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vor 105 Tagen
CAC 40 Down More Than 3% As Mood Turns Bearish Again
French stocks are deep down in negative territory on Tuesday as recessions fears have intensified following U.S. President Donald Trump's tariffs, including a 20% levy on European Union imports becoming effective today.
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vor 105 Tagen
Sensex, Nifty Follow Global Peers Lower
Indian shares followed global peers lower on Wednesday as higher U.S. tariffs on 60 countries which President Donald Trump deems the "worst offenders" have come into effect.
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vor 105 Tagen
DAX Remains Deep Down In Negative Territory After Sharp Plunge
A day after snapping a four-session losing streak, German stocks are down in the red again, with investors pressing sales on Wednesday, reacting to the rollout of sweeping U.S. tariffs, that include a 20% levy on EU imports.
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vor 105 Tagen
European Shares Slump As Trade Worries Escalate
European shares traded sharply lower on Wednesday as U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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vor 105 Tagen
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