Bay Street Likely To Open On Subdued Note

RTTNews | 3 दिनों पहले
Bay Street Likely To Open On Subdued Note

(RTTNews) - Canadian shares may open on a somewhat subdued note on Friday with investors reacting to retail sales data, and looking to take some profits following recent gains.

On the economic front, retail sales in Canada increased 1% in August over the previous mnth, according to preliminary data. Retail sales in Canada increased 4% in July over the same month in the previous year.

Retail sales dropped by 0.8% in August, final data from Statistics Canada showed.

The Canadian market posted fresh record highs on Thursday as markets assessed the implications of interest rate cuts by the Bank of Canada and the Federal Reserve.

The benchmark S&P/TSX Composite Index hit a new high of 29,504.21 an hour past noon before finally settling at 29,453.53, up by 131.87 points or 0.45%.

Asian stocks ended mixed on Friday despite Wall Street's main indexes reaching new record highs overnight following the Federal Reserve's first interest-rate cut in nine months.

China's Shanghai Composite index ended down 0.3% after a choppy session ahead of a phone call between U.S. President Donald Trump and Chinese President Xi Jinping scheduled for later in the day to finalize terms of a deal over TikTok's U.S. operations.

Japanese markets ended lower as the Bank of Japan's hawkish tilt lifted the yen.

European stocks are turning in a mixed performance with investors assessing recent central bank moves, and looking for directional clues.

In commodities trading, West Texas Intermediate Crude oil futures are down $0.67 or 1.05% at $62.90 a barrel.

Gold futures are up $12.70 or 0.34% at $3,691.00 an ounce, while Silver futures are gaining $0.402 or 0.95% at $42.520 an ounce.

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Wall Street Likely To Open Flat

Wall Street Likely To Open Flat

Futures point to a somewhat flat start on Wall Street Tuesday morning. Data on manufacturing and services sector activity in the U.S. in the month of August, due after the opening bell, is likely to provide some direction to the market.
RTTNews | 21 मिनटों पहले
Sweden Cuts Policy Rate By 25 Bps

Sweden Cuts Policy Rate By 25 Bps

Sweden's central bank cut its benchmark interest rate by 25 basis points in order to support economic recovery and signalled an end to the easing cycle. The executive board of the Riksbank decided to lower the policy rate by 25 basis points to 1.75 percent. The bank has reduced the rate by 200 basis points since it started policy easing in May 2024.
RTTNews | 26 मिनटों पहले
FTSE 100 Flat; Kingfisher Soars On Higher Guidance

FTSE 100 Flat; Kingfisher Soars On Higher Guidance

U.K. stocks are turning in a mixed performance on Tuesday with investors digesting the flash data showing weak manufacturing and services sector activity in the month of September.
RTTNews | 1घंटे 20 मिनट पहले
Eurozone Private Sector Logs Strongest Growth In 16 Months

Eurozone Private Sector Logs Strongest Growth In 16 Months

The euro area private sector expanded the most in 16 months in September driven by the acceleration in services activity growth, flash survey results published by S&P Global revealed on Tuesday. At 51.2, the HCOB composite output index climbed slightly from August's 51.0 and was above forecast of 51.1. The index posted above the 50.0 no-change mark for the ninth straight month in September.
RTTNews | 1घंटे 29 मिनट पहले
CAC 40 Up 0.6%; STMicroElectronics Rises Sharply

CAC 40 Up 0.6%; STMicroElectronics Rises Sharply

Despite data showing a contraction in France's private sector activity in the month of September, French stocks are up firmly in positive territory Tuesday afternoon with data showing an acceleration in Eurozone private sector growth, and NVIDIA's plans to invest $100 billion in OpenAI aiding sentiment.
RTTNews | 1घंटे 46 मिनट पहले
Sensex, Nifty Recover From Early Lows

Sensex, Nifty Recover From Early Lows

Indian shares cut early losses to end on a flat note on Tuesday. While a weakening rupee, tariff worries and concerns regarding the latest H1-B visa fee change weighed on markets, Fed rate cut hopes, falling oil prices and reports of strong festive-season demand for automobiles helped limit overall losses in the broader market.
RTTNews | 2घंटे 5 मिनट पहले
DAX Modestly Higher Despite Paring Some Early Gains

DAX Modestly Higher Despite Paring Some Early Gains

German stocks hold on in positive territory Tuesday afternoon despite paring some early gains. Data showing an acceleration in Germany's private sector activity in the month of September, and an increase in Eurozone service sector growth help underpin sentiment.
RTTNews | 2घंटे 8 मिनट पहले
Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12

Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12

In preparation for the upcoming holiday season, retail behemoth Walmart, Inc. is bringing tens of thousands of deals with early savings, starting October 7 through 12. While membership is not required for the first deals event of the season, Walmart+ members will get exclusive early access on October 6 at 7 p.m. ET, and shoppers can enjoy fast delivery and in-store convenience all week long.
RTTNews | 3घंटे 12 मिनट पहले