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U.S. Dollar Extending Yesterday's Significant Pullback
The value of the U.S. dollar has moved to the downside over the course of trading on Thursday, extending the sharp pullback seen in the previous session.
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Swiss Market Ends Notably Lower
The Switzerland stock market ended notably lower on Thursday as worries about recession and rising interest rates rendered the mood bearish.
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European Stocks As Growth Worries Trigger Sell-off
European stocks fell sharply on Thursday as concerns about interest rates and fears of a recession weighed on the markets.
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Canadian Stocks Down Firmly In Negative Territory On Growth Worries
The Canadian market is down sharply in negative territory a little before noon on Thursday with stocks from several sectors reeling under sustained selling pressure.
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U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate
The Commerce Department released its third estimate of U.S. economy activity in the second quarter on Thursday, showing the decrease in gross domestic product was unrevised from the previous estimate.
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U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low
First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low in the week ended September 24th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims slipped to 193,000, a decrease of 16,000 from the previous week's revised level of 209,000.
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Moderna Expands Executive Committee In Preparation For Multiple Upcoming New Product Launches
Biotechnology company Moderna, Inc. (MRNA) announced Thursday that it has expanded the Executive Committee to prepare for multiple upcoming new product launches. Effective January 1, 2023, Juan Andres will step into a new role as President, Strategic Partnerships and Enterprise Expansion, and will focus on building out the organization to support the growing pipeline. In this role, he will continue to serve on the Executive Committee and report to Chief Executive Officer Stéphane Bancel.
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more news
Sarepta Submits BLA For SRP-9001 To Treat Ambulant Patients With Duchenne Muscular Dystrophy
Genetic medicine maker Sarepta Therapeutics, Inc. (SRPT) announced Thursday that it has submitted a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for the accelerated approval of SRP-9001 (delandistrogene moxeparvovec) to treat ambulant patients with Duchenne muscular dystrophy.
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Q2 Decline In U.S. GDP Unrevised At 0.6%
The Commerce Department released its third estimate of U.S. economy activity in the second quarter on Thursday, showing the decrease in gross domestic product was unrevised from the previous estimate.
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U.S. Weekly Jobless Claims Unexpectedly Dip To 193,000
First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low in the week ended September 24th, according to a report released by the Labor Department on Thursday.
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Brookfield Further Invests In Two U.S. Renewable Developers For $1.5 Bln
Brookfield Renewable (BEP, BEP.UN.TO), together with its institutional partners, announced on Thursday two further investments in the U.S. renewable energy sector.
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Dollar Little Changed After U.S. GDP Data
The U.S. GDP data for the second quarter and weekly jobless claims for the week ended September 24 have been published at 8:30 am ET Thursday. The greenback changed little against its major counterparts after the data.
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Dollar Mixed Ahead Of U.S. GDP Data
The U.S. GDP data for the second quarter and weekly jobless claims for the week ended September 24 are due at 8:30 am ET Thursday. The greenback traded mixed against its major counterparts before the data. While it held steady against the yen and the pound, it dropped against the euro and the franc.
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