European Shares Hold Steady Ahead Of Key Central Bank Decisions

RTTNews | hace 575

(RTTNews) - European stocks traded higher for the sixth straight session on Wednesday as investors digested a slew of regional data and looked ahead to interest rate decisions from the U.S. Federal Reserve and the Bank of England.

Disappointing financial results from Microsoft, Alphabet and Advanced Micro Devices kept overall gains in check.

The pan-European STOXX 600 was up 0.2 percent at 486.44 after gaining 0.2 percent on Tuesday.

The German DAX and France's CAC 40 were little changed while the U.K.'s FTSE 100 was down about 0.1 percent.

Novo Nordisk shares gained 1.5 percent as the Danish pharma group forecast another year of double-digit sales and operating profit growth amid soaring demand for weight loss drug Wegovy and diabetes drug Ozempic.

Swedish retailer H&M plummeted nearly 9 percent after naming a new CEO and missing an operating profit forecast.

Spanish lender Banco Santander rose over 1 percent after an announcement that it expects profitability to improve this year.

British IT services provider FDM Group fell nearly 2 percent despite delivering a resilient performance in 2023.

Likewise, GSK fell over 1 percent despite delivering strong 2023 performance and upgrading its growth outlook.

Germany's Atoss Software jumped 4.5 percent after reporting a rise in FY23 profit and revenue.

In economic releases, official data showed German retail sales unexpectedly fell by 1.6 percent in December, supporting expectations of a recession in Q1 and fuelling bets on an ECB rate cut in April.

France's consumer price inflation rose by 3.1 percent from the same month last year after a 3.7 percent rise in December, according to provisional numbers released by national statistics agency Insee. This was lower than economists' expectations for a 3.4 percent increase.

U.K. house prices posted a monthly growth of 0.7 percent in January after staying flat in December, the Nationwide Building Society reported. This was faster than economists' forecast of 0.1 percent increase.

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.

RTTNews | hace 31 minutos

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

RTTNews | hace 2h 58min

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

RTTNews | hace 3h 8min

Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.

RTTNews | hace 3h 19min

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | hace 3h 31min

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | hace 3h 37min

Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.

RTTNews | hace 4h 42min

U.S. GDP Jumps More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday.

RTTNews | hace 4h 50min

EURUSD	1.16944	GBPUSD	1.35274	AUDUSD	0.65365
USDJPY	146.733	USDCAD	1.37451	USDCHF	0.80008