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Renewed Consolidation Expected For Malaysia Stock Market
The Malaysia stock market on Wednesday ended the two-day slide in which it had slipped just 5 points or 0.3 percent. The Kuala Lumpur Composite Index now sits just above the 1,460-point plateau although it figures to head south again on Thursday.
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vor 583 Tagen
KOSPI May Give Up Support At 2,600 Points
The South Korea stock market on Wednesday snapped the four-day winning streak in which it had advanced more than 70 points or 2.7 percent. The KOSPI now rests just shy of the 2,610-point plateau and it's expected to open under pressure again on Thursday.
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vor 583 Tagen
Hong Kong Retail Sales Data Due On Thursday
Hong Kong will on Thursday release November numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. In October, sales were up 5.6 percent on year.
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vor 583 Tagen
U.S. Dollar Sees Further Upside Amid Interest Rate Uncertainty
Following a positive start to the new year, the value of the U.S. dollar has seen further upside on Wednesday amid fading optimism about early interest rate cuts by the Federal Reserve.
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vor 583 Tagen
Fed Minutes Highlight 'Unusually Elevated Degree Of Uncertainty' About Outlook
The minutes of the Federal Reserve's latest monetary policy meeting reiterated officials widely expect to begin lowering interest rates in 2024, although they also highlighted an "unusually elevated degree of uncertainty" about the outlook for rates and the economy.
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vor 583 Tagen
Swiss Market Ends Higher On Wednesday
The Swiss stock market returned from its lengthy New Year's break to the upside, opening higher on Wednesday and remaining in the green throughout the session.
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vor 584 Tagen
European Markets Finish With Heavy Losses
The major European markets opened lower on Wednesday and continued to sink as the day progressed, ending near session lows.
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vor 584 Tagen
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U.S. Manufacturing Index Indicates Slightly Slower Contraction In December
A report released by the Institute for Supply Management showed U.S. manufacturing activity contracted at a slightly slower rate in the month of December. The ISM said its manufacturing PMI rose to 47.4 in December from 46.7 in November, but a reading below 50 still indicates contraction. Economists had expected the index to inch up to 47.1.
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vor 584 Tagen
U.S. Job Openings Edge Down From Upwardly Revised Level In November
The Labor Department released a report on Wednesday showing job openings in the U.S. edged down from an upwardly revised level in the month of November. The report said job openings dipped to 8.79 million in November from an upwardly revised 8.85 million in October.
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vor 584 Tagen
U.S. Dollar Advances As Yields Rise On Rate Uncertainty
The U.S. dollar firmed against its major counterparts in the New York session on Wednesday, amid fading optimism about early interest rate cuts by the Federal Reserve.
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vor 584 Tagen
Hyundai Motor America December Total Sales Up 4%
Hyundai Motor America reported Wednesday that it sold a total of 75,164 units in the month of December, up 4 percent from last year's 72,058 units, driven by best ever December total sales record in company history and for IONIQ 5, Santa Fe PHEV, Santa Fe HEV, Tucson, Tucson PHEV, and Palisade.
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vor 584 Tagen
UniFirst Backs FY24 Outlook; Q1 Results Top Estimates
While reporting financial results for the first quarter of fiscal 2024 on Wednesday, UniFirst Corp. (UNF) maintained its earnings and revenue guidance for the full-year 2024.
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vor 584 Tagen
Verrica Pharmaceuticals Announces Agreement With Walgreens To Distribute YCANTH
Dermatology therapeutics company Verrica Pharmaceuticals Inc. (VRCA) announced Wednesday the expansion of its distribution network by entering into an agreement with Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. (WBA), to distribute YCANTH through its specialty pharmacy.
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vor 584 Tagen
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