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Dollar Gains Against Major Rivals On Rate Hike Hopes
The U.S. dollar climbed higher and scored gains over most of its major counterparts on Monday amid bets the Federal Reserve will aggressively hike rates. Weak economic data out of China contributed as well to the dollar's strength.
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vor 1110 Tagen
U.S. Stocks Recover From Early Weakness, Close On Firm Note
After spending a couple of hours the day's session in negative territory, U.S. stocks recovered and stayed firm to eventually close on a positive note on Monday.
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vor 1110 Tagen
Swiss Market Ends Modestly Higher
Despite suffering a setback that briefly pushed it down into the red, the Switzerland stock market recovered to close on a positive note on Monday with select stocks posting strong gains.
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vor 1110 Tagen
European Stocks Close Slightly Higher After Cautious Session
Despite paring early gains slipping into negative territory midway through the session, European stocks managed to close slightly higher on Monday with investors continuing to react positively to last week's encouraging data from the U.S.
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vor 1110 Tagen
Canadian Market Recovering After Early Setback; Energy, Materials Shares Tumble
After opening notably lower on weak crude oil prices and concerns about slowing global economy, the Canadian market has regained some lost ground on Monday.
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vor 1110 Tagen
Japanese Yen Advances Against Majors
The Japanese yen drifted higher against its major rivals in the New York session on Monday.
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vor 1110 Tagen
U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August
A report released by the National Association of Home Builders on Monday unexpectedly showed a continued deterioration in U.S. homebuilder confidence in the month of August. The report showed the NAHB/Wells Fargo Housing Market Index dropped to 49 in August from 55 in July. Economists had expected the index to come in unchanged.
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vor 1110 Tagen
more news
Canadian Dollar Weakens As Oil Prices Drop
The Canadian dollar depreciated against its most major counterparts in the European session on Monday, as weak economic data from China sent oil prices lower.
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vor 1110 Tagen
New York Manufacturing Index Unexpectedly Indicates Contraction In August
New York manufacturing activity has unexpectedly seen a substantial contraction in the month of August, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plummeted to a negative 31.3 in August from a positive 11.1 in July.
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vor 1110 Tagen
Unrivaled Brands Names Sabas Carrillo As Interim CEO
Cannabis-focused agriculture company Unrivaled Brands, Inc. (UNRV) on Monday named Sabas Carrillo as Interim Chief Executive Officer, effective Friday, August 12, 2022. The appointment of Sabas comes on the heels of Unrivaled's previously announced 100-day turnaround plan and strategic restructuring.
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vor 1110 Tagen
New York Manufacturing Index Unexpectedly Turns Negative In August
New York manufacturing activity has unexpectedly seen a substantial contraction in the month of August, according to a report released by the Federal Reserve Bank of New York on Monday.
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vor 1110 Tagen
U.S. Dollar Higher On Fed Rate Hike Bets, Weak China Data
The U.S. dollar advanced against its most major counterparts in the European session on Monday, on expectations of aggressive interest rate hikes from the Federal Reserve and as disappointing economic data from China sparked recession fears.
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vor 1110 Tagen
Accelerate Diagnostics Q2 Net Loss Narrows
Vitro diagnostics company Accelerate Diagnostics, Inc. (AXDX) announced Monday that net loss for the second quarter narrowed to $17.80 million or $0.23 per share from $21.67 million or $0.36 per share in the prior-year quarter.
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vor 1110 Tagen
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