TSX Fails To Hold Early Gains, Ends Marginally Down

TSX Drifts Lower As Strong Jobs Data Tempers BoC Rate Cut Hopes

After opening slightly up and moving higher subsequently, the Canadian market slipped into negative territory Friday morning, and with stocks continuing to struggle for support, remained weak a little past noon. Data showing a drop in Canadian unemployment rate in November tempered hopes for a rate cut from the nation's central bank this month.

RTTNews | 1h 25min ago

U.S. Consumer Sentiment Rebounds Much More Than Expected In December

Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved much more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 53.3 in December from 51.0 in November. Economists had expected the consumer sentiment index to rise to 52.0.

RTTNews | 2h 0min ago

U.S. Consumer Prices Increase In Line With Estimates In September

A long-delayed report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of September. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.3 percent in September, matching the growth seen in August along with economist estimates.

RTTNews | 2h 13min ago

EU Fines X 120 Mln Euros For Breaching Transparency Obligations Under DSA

The European Commission on Friday has issued a fine of 120 million euros to Elon Musk's social media platform X for breaching its transparency obligations under the Digital Services Act. The breaches include the deceptive design of its 'blue checkmark', the lack of transparency of its advertising repository, and the failure to provide access to public data for researchers.

RTTNews | 3h 31min ago

Warner Bros. To Be Bought By Netflix In $72 Bln Equity Deal

In a merger of majors, streaming video firm Netflix, Inc. is acquiring media and entertainment giant Warner Bros. Discovery, Inc. for a total enterprise value of approximately $82.7 billion, or an equity value of $72.0 billion. The move follows the planned separation of Warner Bros. Discovery's Global Networks division into a new publicly-traded company. In the pre-market activity, Netflix shares

RTTNews | 4h 58min ago

EU Secures TikTok's Commitments On Ad Transparency As Per DSA

The European Commission announced Friday that it has secured TikTok's commitment to provide advertising repositories that ensure full transparency around ads on its services, as required by the Digital Services Act. The agency launched the probe in February 2024 after it found the China-based ByteDance's video platform's algorithmic system may stimulate behavioral addictions.

RTTNews | 5h 0min ago

Bay Street May Extend Gains; Canadian Jobs Data, US PCE Reading In Focus

Canadian stocks may move higher on Friday, tracking firm gold and silver prices. Canadian jobs data and U.S. PCE reading may also play a key role in setting the trend.

RTTNews | 5h 47min ago

FTSE 100 Up Marginally; 3i Group, Melrose Move Up 3%

The U.K. stock market gained marginal ground in positive territory Friday morning as investors picked up stocks, expecting an interest rate cut by the Federal Reserve next week.

RTTNews | 6h 57min ago

EURUSD	1.16409	GBPUSD	1.33261	AUDUSD	0.66374
USDJPY	155.303	USDCAD	1.38426	USDCHF	0.80498