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Swiss Market Ends Notably Lower
The Switzerland stock market ended weak on Wednesday, in line with the trend across Europe, as worries about geopolitical tensions and rising inflation in the Euro area rendered the mood bearish.
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1016天前
European Stocks Close Lower On Inflation Worries, Geopolitical Tensions
European stocks closed lower on Wednesday, weighed down by geopolitical concerns, a surge in UK inflation, and on uncertainty about the Federal Reserve's interest rate hikes in the coming months.
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1016天前
Canadian Shares Turning In Mixed Performance
Canadian shares are turning in a mixed performance on Wednesday with investors digesting the data on inflation and reacting to earnings updates and geopolitical news.
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1016天前
U.S. Business Inventories Rise Slightly Less Than Expected In September
The Commerce Department released a report on Wednesday showing U.S. business inventories increased by slightly less than expected in the month of September. The report said business inventories rose by 0.4 percent in September after climbing by an upwardly revised 0.9 percent in August.
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1016天前
U.S. Homebuilder Confidence Decreases For Eleventh Straight Month In November
A report released by the National Association of Home Builders on Wednesday showed a continued decrease in U.S. homebuilder confidence in the month of November. The report showed the NAHB/Wells Fargo Housing Market Index declined for the 11th consecutive month, slumping to 33 in November after tumbling to 38 in October.
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1016天前
U.S. Industrial Production Unexpectedly Edges Down 0.1% In October
Reflecting a continued slump in utilities output, the Federal Reserve released a report on Wednesday unexpectedly showing a modest decrease in U.S. industrial production in the month of October. The Fed said industrial production edged down by 0.1 percent in October following a revised 0.1 percent uptick in September.
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1016天前
Euro Firms As Geopolitical Tensions Recede
The euro was higher against its most major counterparts during the European session on Wednesday, as comments from U.S. President Joe Biden alleviated concerns over a missile strike in Poland, which killed two people.
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1016天前
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U.S. Import Prices Show Modest Decrease In October
A report released by the Labor Department on Wednesday showed a modest decrease in U.S. import prices in the month of October. The Labor Department said import prices edged down by 0.2 percent in October after tumbling by a revised 1.1 percent in September.
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1016天前
U.S. Retail Sales Jump 1.3% In October, More Than Expected
Retail sales in the U.S. showed a significant increase in the month of October, according to a report released by the Commerce Department on Wednesday. The report showed retail sales surged by 1.3 percent in October after coming in unchanged in September. Economists had expected retail sales to jump by 1.0 percent.
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1016天前
TJX Cos. Promotes John Klinger To Succeed Scott Goldenberg As CFO
Off-price retailer TJX Companies, Inc. (TJX) announced Wednesday that John Klinger has been promoted to Executive Vice President, Chief Financial Officer effective January 29, 2023, the beginning of TJX's fiscal year.
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1016天前
U.S. Import Prices Dip Less Than Expected In October
A report released by the Labor Department on Wednesday showed a modest decrease in U.S. import prices in the month of October.
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1016天前
Loonie Mixed After Canada CPI
Canada consumer inflation for October has been released at 8:30 am ET Wednesday. After the data, the loonie traded mixed against its major counterparts. While the currency fell against the greenback, it advanced against the rest of major rivals.
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1016天前
Dollar Rises Following U.S. Retail Sales
U.S. retail sales and import and export prices for October have been released at 8:30 am ET Wednesday. The greenback climbed against its major counterparts after the data.
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1016天前
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