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U.S. Retail Sales Climb 0.4% In October, Slightly More Than Expected

Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the U.S. increased by slightly more than expected in the month of October. The Commerce Department said retail sales rose by 0.4 percent in October after growing by an upwardly revised 0.8 percent in September.

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U.S. Industrial Production Decreases In Line With Estimates In October

With the effects of recent hurricanes and the strike at Boeing (BA) continuing to weigh on growth, the Federal Reserve released a report on Friday showing U.S. industrial production decreased in line with economist estimates in the month of October.

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New York Manufacturing Index Soars Into Positive Territory November

A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November.

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U.S. Import Prices Unexpectedly Increase In October

The Labor Department released a report on Friday showing an unexpected increase by import prices in the U.S. in the month of October.

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U.S. Retail Sales Climb Slightly More Than Expected In October

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Bay Street Likely To Open On Mixed Note

Canadian shares are likely to see a mixed start Friday morning, tracking commodity prices, and subdued European stocks. Waning hopes of aggressive interest rate cuts by the Federal Reserve may weigh on sentiment.

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EU Forecasts Eurozone Growth To Pick Up Despite Heightened Uncertainty

The Eurozone economic growth is projected to pick up next year with acceleration of domestic demand despite risks to global trade from protectionist measures. In the Autumn Forecast, the European Commission retained the economic growth outlook for 2024 at 0.8 percent. The currency bloc continued to grow at a subdued pace through the second and third quarters amid easing inflationary pressures.

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CPSC Recalls: Bicycles, DeNova Alarms, Planter Boxes, YOYO3 Strollers

The U.S. Consumer Product safety Commission or CPSC has announced recalls including woom Bikes USA's children's bicycles, New Cosmos USA's combination Natural Gas and Carbon Monoxide Alarms, Outdoor Essentials' Cultivar Planter Boxes, Stokke's YOYO3 Strollers, Hallmark's Cad Bane Christmas Tree Ornaments, as well as Petidoux's Children's Pajamas.

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Pound Slides On Disappointing U.K. GDP Data

The British pound weakened against other major currencies in the European session on Friday, after data showed a sharp slowdown in the third quarter growth.

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Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake

Shares of Domino's Pizza Inc. and swimming pool supplier Pool Corp. gained significantly in the extended trading in New York on Thursday after billionaire investor Warren Buffett's Berkshire Hathaway Inc. took stake in them. In the pre-market activity, Domino's shares were moving up 8 percent and Pool shares were up 7 percent.

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