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TSX Recovers From Day's Lows, But Still Looks Set To End On Weak Note
The Canadian market, which slipped deeper into the red after opening with a big negative gap, has regained a significant portion of lost ground Wednesday afternoon, but still remains firmly down in negative territory.
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vor 1085 Tagen
Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Wednesday, recovering gradually from early lows and moving into positive territory in the final hour thanks to some strong buying at select counters.
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vor 1085 Tagen
U.S. Dollar Falls As Treasury Yields Decline On Recession Worries
The U.S. dollar dropped against its major rivals in the New York session on Wednesday, amid a sell-off in treasury yields on concerns that the Federal Reserve's aggressive monetary tightening to tame inflation could push the economy into recession.
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vor 1085 Tagen
European Stocks Close Notably Lower On Inflation Worries, Rate Hikes Jitters
Despite staging a fairly good recovery in late afternoon trades, European stocks closed notably lower on Wednesday amid rising worries about inflation and tighter policies from central banks.
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vor 1085 Tagen
Powell: Fed 'Strongly Committed' To Bringing Inflation Back Down To 2%
On the heels of last week's significant interest rate increase, Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee on Wednesday to deliver his semiannual monetary policy testimony. Powell began his prepared remarks by highlighting the Fed's strong commitment to bringing inflation back down to the central bank's longer-run goal of 2 percent.
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vor 1086 Tagen
Loonie Climbs After Canada Inflation Data
Canada inflation data for May has been released at 8:30 am ET Wednesday. After the data, the loonie rose against its major counterparts.
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vor 1086 Tagen
Loonie Mixed Ahead Of Canada Inflation Data
Canada inflation data for May will be released at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it fell against the euro and the yen, it was steady against the greenback and the aussie.
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vor 1086 Tagen
more news
Cheniere, Chevron Ink Long-Term LNG Sale And Purchase Agreements
Cheniere Energy, Inc. (LNG) announced Wednesday that two of its subsidiaries, Sabine Pass Liquefaction, LLC and Cheniere Marketing, LLC, have each entered into long-term liquefied natural gas or LNG, sale and purchase agreements or SPA, with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron Corp. (CVX).
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vor 1086 Tagen
Bay Street Seen Opening Lower; Inflation Data Eyed
Lower Canadian and U.S. futures indicate a weak start for the Canadian market on Wednesday. Inflation data for the month of May is expected to significantly impact stock price movements.
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vor 1086 Tagen
DoorDash Partners Loblaw To Provide Grocery Delivery Service To Customers In Canada
DoorDash, Inc. (DASH) and Loblaw Cos. Ltd. (L.TO) announced Wednesday a collaboration that will bring a new and innovative grocery delivery service to customers in Canada.
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vor 1086 Tagen
Wall Street Looks Headed For Weak Start
Sharply lower futures point to a weak start for U.S. stocks on Wednesday. The focus will be on Federal Reserve Chairman Jerome Powell's testimony before the Senate about the state of the economy this morning.
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vor 1086 Tagen
KVH Industries Confirms Brent Bruun As President And CEO
KVH Industries, Inc., (KVHI) announced Wednesday that its Board of Directors has appointed Brent Bruun as President and Chief Executive Officer and a member of the Board. The Board also appointed two seasoned industry executives, David Kagan and David Tolley, as directors of KVH.
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vor 1086 Tagen
Moderna Announces New Clinical Data On Omicron COVID Booster Candidate MRNA-1273.214
Biotechnology company Moderna, Inc. (MRNA) announced Wednesday new clinical data on its bivalent (Omicron) COVID booster candidate, mRNA-1273.214.
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vor 1086 Tagen
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