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European Stocks Close Mostly Higher
European stocks closed mostly higher on Tuesday and a few markets settled at fresh record highs, as investors reacted to earnings updates, and continued to monitor the developments on the geopolitical front.
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vor 111 Tagen
U.S. Homebuilder Confidence Unexpectedly Slumps In February
Homebuilder confidence in the U.S. has unexpectedly deteriorated in the month of February, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index slumped to 42 in February after inching up to 47 in January. Economists had expected the index to come in unchanged.
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vor 111 Tagen
TSX Up Marginally In Cautious Trade After Inflation Data
After a marginal upmove at the start, the Canadian market slipped into negative territory Tuesday morning, but recovered and edged above the flat line subsequently on selective buying as investors digest the nation's inflation data and continue to follow the developments on the geopolitical front.
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vor 111 Tagen
New York Manufacturing Index Rebounds More Than Expected In February
A report released by the Federal Reserve Bank of New York on Tuesday showed a turnaround by regional manufacturing activity in the month of February. The New York Fed said its general business conditions index jumped to a positive 5.7 in February after slumping to a negative 12.6 in January, with a positive reading indicating growth. Economists had expected the index to climb to a negative 1.0.
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vor 111 Tagen
New York Manufacturing Index Unexpectedly Turns Positive In February
A report released by the Federal Reserve Bank of New York on Tuesday showed a turnaround by regional manufacturing activity in the month of February.
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vor 111 Tagen
Bay Street May Open Higher; Inflation Data Eyed
Canadian shares are likely to open on positive note Tuesday morning, tracking higher oil and metal prices. However, Canada's consumer price inflation data, due before the opening bell, holds the key.
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vor 111 Tagen
German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW
German economic confidence logged its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday.
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vor 111 Tagen
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UK Jobless Rate Remains Stable, Wage Growth Accelerates
The UK unemployment rate remained unchanged, but wage growth picked up in the fourth quarter, supporting the Bank of England's cautious approach to further policy cuts. The jobless rate came in at 4.4 percent in the three months to December, the same as in the preceding period, the Office for National Statistics said on Tuesday. Economists had forecast the rate to rise to 4.5 percent.
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vor 111 Tagen
Southwest Airlines To Cut 15% Of Corporate Jobs
Shares of Southwest Airlines Co. were gaining around 2 percent in the pre-market activity on the NYSE after the airline announced around 15% reduction in its corporate workforce, the first time in its 53-year history, as part of its cost cut initiatives. Aiming for a leaner and more agile organization under its transformational plan, the company plans to reduce around 1,750 employee roles...
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vor 111 Tagen
FTSE 100 Up Marginally As Investors React To Earnings, Jobs Data
After edging up marginally at the start, U.K. stocks retreated a bit and are quite subdued in late morning trade Tuesday, with investors digesting the nation's jobs data and corporate earnings updates.
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vor 111 Tagen
CAC 40 Roughly Flat In Lackluster Trade
French stocks are turning in a mixed performance in lackluster trade Tuesday morning as investors continue to follow the developments on the geopolitical front, and react to quarterly earnings updates.
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vor 111 Tagen
Sensex, Nifty End Marginally Lower Amid Volatility
Indian shares ended little changed on Tuesday after trading in the red all through the day.
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vor 111 Tagen
DAX Modestly Lower In Cautious Trade
German stocks are drifting lower Tuesday morning after opening marginally up, as investors continue to monitory the developments on the geopolitical front.
The focus is on U.S. - Russia talks on Ukraine, and the European leaders' views on the developments in Ukraine and discussions about the deployment of troops to Ukraine and raising defense spending.
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vor 111 Tagen
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