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Dollar Climbs Following U.S. Jobs Data
Following the release of U.S. nonfarm payrolls data for October at 8:30 am ET Friday, the greenback appreciated against its major counterparts.
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vor 938 Tagen
American Axle Trims FY22 Sales Outlook As Q3 Adj. EPS Miss Estimates; Stock Down 16%
While reporting financial results for the third quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) trimmed its sales guidance for the full-year 2022.
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vor 938 Tagen
Dollar Mixed Ahead Of U.S. Jobs Data
At 8:30 am ET Friday, the Labor Department will release U.S. nonfarm payrolls data for October.
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vor 938 Tagen
Bay Street Seen Opening On Firm Note
Canadian shares are likely to open on a firm note on Friday, tracking higher commodity prices and strong gains in European markets.
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vor 938 Tagen
Duke Energy Slashes FY22 Outlook As Q3 Adj. EPS Miss Estimates
Duke Energy Corp. reported on Friday that profit for the third quarter edged up from last year, driven by strong volumes in Electric Utilities and Infrastructure. Adjusted earnings per share missed analysts' expectations, while quarterly revenues topped it. The company also slashed it adjusted earnings outlook for the full-year 2022.
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vor 938 Tagen
Sentiment Strong At FTSE-100
FTSE 100 of the London Stock Exchange rallied more than a percent amidst hopes of a relaxation in China's zero covid strategy. Mining stocks led the gains amidst a surge in commodity prices. Markets also await the payrolls data from the U.S. to assess whether the job market situation would allow the Fed to continue the pace of rate hikes.
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vor 938 Tagen
Eurozone Private Sector Shrinks Most In Almost 2 Years
The euro area private sector contracted at the fastest pace in almost two years in October signaling that the currency bloc is sliding into a recession, final survey results from S&P Global showed on Friday. The final composite output index fell to 47.3 in October from 48.1 in September. The score was slightly above the flash 47.1. The latest reading was the lowest since November 2020.
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vor 938 Tagen
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Sensex, Nifty Close On Positive Note
Despite spending much of the day's trading session in the red, the Indian stock market ended on a positive note on Friday with several frontline counters seeing some brisk buying in the final hour.
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vor 938 Tagen
Cardinal Health Reaffirms FY23 Outlook - Update
While reporting financial results for the first quarter on Friday, healthcare services company Cardinal Health, Inc. (CAH) reaffirmed its adjusted earnings guidance for the full-year 2023 in the range of $5.05 to $5.40 per share.
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vor 938 Tagen
CAC-40 Surges As Global Sentiment Improves
The CAC-40 has outperformed other regional stock market benchmarks, with a dazzling rally of close to 2 percent. Markets are however keenly watching the jobs data from the U.S. later in the day for indications on the headroom available for the Fed to raise rates further.
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vor 938 Tagen
Fluor Guides Q4 Adj. EPS Well Above Estimates - Update
While reporting financial results for the third quarter on Friday, engineering company Fluor Corp. (FLR) provided its adjusted earnings guidance for the fourth quarter in a range of $0.50 to $0.60 per share.
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vor 938 Tagen
DAX Rises As Markets Reconcile To Fed Moves
The German stock market benchmark DAX rallied more than 1 percent on Friday, after two days of losses triggered by the Fed's 75- basis points rate hike and the accompanying hawkish commentary. Only 5 scrips in the 40-scrip index are trading below the levels on Thursday.
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vor 938 Tagen
European Stocks Trade Higher Ahead Of U.S. Payroll Data
European stocks are trading positive on Friday, a turnaround from the previous day's trading, after improved Asian performance as investors await payroll data from the U.S. The sentiments also reflect increased hopes that China would ease its Zero Covid policy.
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vor 938 Tagen
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