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Novavax's Nuvaxovid Gets Full Marketing Authorization In EU To Prevent COVID-19
Novavax, Inc. (NVAX) on Thursday has been granted full Marketing Authorization (MA) by the European Commission in the European Union (EU) for Nuvaxovid (NVX-CoV2373).
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U.S. Jobless Claims Rise Slightly More Than Expected To 248,000
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended July 1st. The report said initial jobless claims rose to 248,000, an increase of 12,000 from the previous week's revised level of 236,000.
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German Factory Orders Growth Exceeds Expectations
Germany's factory orders logged a much faster than expected growth in May driven by the surge in demand for volatile 'other transport equipments', official data revealed Thursday. Elsewhere, a private survey showed that the German construction sector contracted the most since February 2021 as higher interest rates and economic uncertainty weighed on demand.
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U.S. Private Sector Employment Surges By 497,000 Jobs In June, Much More Than Expected
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. surged by much more than expected in the month of June. ADP said private sector employment spiked by 497,000 jobs in June after jumping by a downwardly revised 267,000 jobs in May.
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UK Construction Shrinks For First Time In 5 Months
The UK construction sector contracted for the first time in five months in June due to the downturn in housing activity, survey results from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index slid to 48.9 in June from 51.6 in May. A score below 50.0 suggests contraction.
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U.S. Trade Deficit Narrows Slightly More Than Expected In May
The U.S. trade deficit narrowed by slightly more than expected in the month of May, according to a report released by the Commerce Department on Thursday.
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U.S. Weekly Jobless Claims Rise Slightly More Than Expected
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended July 1st.
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U.S. Private Sector Employment Surges Much More Than Expected In June
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. surged by much more than expected in the month of June.
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Dollar Rises Following ADP Data
U.S. ADP private payrolls data for June has been released at 8:15 am ET Thursday. The greenback climbed against its major counterparts after the data.
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Leidos To Invest $31.7 Mln To Establish Security Systems Manufacturing Facility In South Carolina
Leidos, Inc. (LDOS) announced Thursday it will invest $31.7 million to establish a new security systems manufacturing facility in North Charleston, South Carolina, creating up to 170 new jobs in the region over time.
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Dollar Mixed Ahead Of ADP Data
U.S. ADP private payrolls data for June is scheduled for release at 8:15 am ET Thursday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency held steady against the yen, it fell against the rest of major counterparts.
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Bay Street Likely To Open On Negative Note
Canadian shares are likely to open lower on Thursday, tracking weak global cues amid rising concerns about China's economic recovery and prospects of further policy tightening by the Federal Reserve.
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Target's Events And Offers Ahead Of Back-to-school Shopping Season
Target Corp. is offering various events and discounts just in time for back-to-school and back-to-college season. The retailer has come out with season-long deeper savings events, including Target Circle Week from July 9 through 15, and the Target Circle 20 percent off College Student Appreciation deal from July 16 through 26. The deals start at under $1 and most under $15.
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