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New Zealand Services Data Due On Monday
New Zealand will on Monday see May results for the Performance of Services Index from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In April, the index score was 51.4.
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vor 1086 Tagen
TSX Ends Modestly Lower After Volatile Session
The Canadian market ended modestly lower on Friday after stocks turned in a mixed performance in cautious trade as investors assessed the possible impact of the rate hikes by central banks on global growth.
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vor 1088 Tagen
Dollar Climbs Higher, Posts Strong Gains Against Major Counterparts
The U.S. dollar surged higher on Friday, reacting to comments from Federal Reserve Chairman Jerome Powell that the central bank's commitment to price stability has been contributing to the confidence in the currency.
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vor 1088 Tagen
Canadian Shares Swinging Between Gains And Losses, Look Headed For Mixed Close
Canadian shares are swinging between gains and losses in cautious trade on Friday, with investors assessing the likely impact of the interest rate hikes by central banks on economic growth.
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vor 1088 Tagen
Swiss Market Ends Modestly Lower
The Switzerland stock market recovered after a sluggish start on Friday, but after staying positive till a little past mid afternoon, slipped into negative territory to eventually end the session modestly lower.
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vor 1088 Tagen
European Stocks Fail To Hold Early Gains, End On Mixed Note
European stocks failed to hold early gains and ended on a mixed note on Friday with investors assessing the likely impact of the interest rate hikes announced by central banks including the Federal Reserce and the Bank of England, on global economic growth.
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vor 1088 Tagen
U.S. Leading Economic Index Decreases In Line With Estimates In May
The Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of May. The report showed the Conference Board's leading economic index fell by 0.4 percent in May, matching the revised drop seen in April.
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vor 1088 Tagen
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U.S. Industrial Production Inches Up Less Than Expected In May
After reporting a sharp increase in U.S. industrial production in the previous month, the Federal Reserve released a report on Friday showing industrial production edged modestly higher in the month of May. The Fed said industrial production crept up by 0.2 percent in May after surging by an upwardly revised 1.4 percent in April.
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vor 1088 Tagen
Central Banks In Tightening Mode Over High Inflation, Recession Worries
Global central banks unleashed a large amount of policy tightening this week, led by the Federal Reserve that delivered a bigger-than-expected 75 basis points hike on Wednesday, as policymakers across the world are increasingly worried about the persistence of runaway inflation and the prospect of a recession.
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vor 1088 Tagen
Bay Street Likely To Open On Positive Note
Canadian shares are likely to open on a positive note Friday morning, tracking firm European markets. The market is also likely to see some hectic bargain hunting after the terrible setback in the previous session.
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vor 1088 Tagen
Allegiant Travel May Capacity Rises 17.1%
While reporting preliminary passenger traffic results for May 2022 on Friday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.47 million passengers in May 2022, up 40.0 percent from 1.05 million passengers in May 2021.
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vor 1088 Tagen
TE Connectivity Approves Addl. $1.5 Bln Share Repurchase Program
Industrial technology firm TE Connectivity Ltd. (TEL) announced Friday that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion.
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vor 1088 Tagen
Centene Raises FY22 Outlook; Boosts Share Buyback
Ahead of its virtual investor meeting later on Friday, healthcare company Centene Corp. (CNC) increased its full-year 2022 adjusted earnings guidance range by $0.15 to a new range of $5.55 to $5.70 per share and increased its Premium and Service Revenues guidance range by $2.0 billion to a new range of $134.3 billion to $136.3 billion.
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vor 1088 Tagen
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