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Malaysia Tock Market Poised To Halt Losing Streak
The Malaysia stock market has moved lower in three straight sessions, dipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,455-point plateau although it may stop the bleeding on Tuesday.
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Japan GDP Data On Tap For Tuesday
Japan will on Tuesday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to expand 0.8 percent on quarter and 3.1 percent on year after rising 0.7 percent on quarter and 2.7 percent on year in the three months prior.
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Dollar Gains Against Major Counterparts
The U.S. dollar gained against its major counterparts on Monday amid bets the U.S. Federal Reserve will hold interest rates at higher levels for longer time in order to contain inflation.
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U.S. Stocks Close Higher On Bargain Hunting; Nasdaq Outperforms
After turning in a mixed performance on Friday, U.S. stocks climbed higher on Monday, riding on the strength of technology shares.
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Swiss Market Ends Modestly Higher
Despite struggling in early trades and staying a bit sluggish at times during the course of the day's session, the Switzerland stock market ended modestly higher on Monday.
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European Stocks Close On Mixed Note After Cautious Session
European stocks closed mixed on Monday after a cautious session amid concerns about the health of the world's second largest economy after Country Garden Holdings, a major property developer in China, missed bond payments and warned of multibillion-dollar losses.
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PayPal Appoints Intuit Executive Alex Chriss To Succeed Dan Schulman As President And CEO
PayPal Holdings, Inc. (PYPL) announced Monday that its Board of Directors has appointed senior Intuit executive, Alex Chriss, as President and CEO, effective September 27, 2023. Chriss will also join the Board on that date.
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Pound Rises Ahead Of U.K. Inflation Data
The pound climbed against its most major counterparts in the European session on Monday, as investors awaited the nation's inflation data for July for more clues on the rate outlook.
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Acurx Pharma's Phase 2b Study Of Ibezapolstat In C. Difficile Infection On Track
Acurx Pharmaceuticals, Inc. (ACXP), while reporting financial results for the second quarter, on Monday, provided an update on its pipeline progress.
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GE HealthCare Gets 510(k) Clearance From FDA For Portrait Mobile Monitoring Solution
GE HealthCare (GEHC) announced Monday it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Portrait Mobile wireless and wearable monitoring solution.
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Revance Therapeutics Says FDA Approves DAXXIFY For Injection To Treat Cervical Dystonia In Adults
Revance Therapeutics, Inc. (RVNC) announced Monday that the U.S. Food and Drug Administration (FDA) has approved the first therapeutic indication for DAXXIFY (DaxibotulinumtoxinA-lanm) for injection for the treatment of cervical dystonia in adults.
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Bay Street Likely To Open On Cautious Note
Canadian shares are likely to open on a mixed note on Monday with investors largely reacting to quarterly earnings updates.
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Domino's Pizza Announces 50% Offer For Online Orders From Now Through Aug. 20 Across The US
Pizza company Domino's Pizza Inc. (DPZ) has a special deal for customers who order online from now through August 20, with customers getting 50% off on all menu-priced pizzas from corporate and franchise-owned stores across the U.S.
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