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Berita Valas
U.S. Stocks Close Firmly Down In Negative Territory For 2nd Straight Day
U.S. stocks closed lower on Wednesday, extending losses from the previous session, amid indications the Federal Reserve will continue to hold interest rates higher for longer to contain inflation.
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742 days ago
U.S. Stocks Turning In Mixed Performance In Cautious Trade
U.S. stocks are turning in a mixed performance on Wednesday, with investors largely making cautious moves amid concerns about the outlook for interest rates.
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742 days ago
Swiss Market Ends Marginally Lower
The Switzerland stock market ended slightly down on Wednesday, failing to hold early gains.
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742 days ago
European Stocks Close Mixed After Cautious Session
European stocks turned in a mixed performance on Wednesday with investors assessing UK inflation data, and the outlook for interest rates.
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742 days ago
Canadian Market Flat In Cautious Trade
Canadian stocks are turning in a mixed performance on Wednesday with investors assessing the prospects for interest rates, and making largely cautious moves amid concerns about the health of the world's second largest economy.
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742 days ago
U.S. Dollar Higher In Cautious Trade
The U.S. dollar firmed against its most major counterparts in the New York session on Wednesday, amid China growth worries and uncertainty about the path of interest rates from the Federal Reserve.
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742 days ago
UK Inflation Hits 17-Month Low On Energy Prices
UK consumer price inflation hit a 17-month low in July on easing energy prices but core inflation stayed unchanged and services cost inflation accelerated, strengthening the case for another interest rate hike in September. Consumer price inflation slowed to 6.8 percent in July, as expected, from 7.9 percent in June, the Office for National Statistics reported Wednesday.
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742 days ago
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Target, TJX Q2 Earnings Top Estimates
Retailers Target and TJX reported Wednesday profits for the second quarter that topped analysts' estimates. Profit soared more than four-fold at Target, reflecting improved gross margins, despite a 4.9 percent drop in revenues. Profit at TJX grew from last year, driven by improved gross margins and revenue growth.
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742 days ago
Eurozone GDP Logs Growth In Q2
The euro area economy expanded as initially estimated in the second quarter despite tight credit conditions and high inflation damping demand. Gross domestic product registered a sequential growth of 0.3 percent after remaining unchanged in the first quarter, flash estimate from Eurostat showed Wednesday. Year-on-year, economic growth eased to 0.6 percent from 1.1 percent
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742 days ago
U.S. Housing Starts Show Substantial Rebound In July
New residential construction in the U.S. saw a substantial rebound in the month of July, according to a report released by the Commerce Department on Wednesday.
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742 days ago
Bay Street Likely To See Flat Start
Canadian shares are likely to open flat on Wednesday, tracking mixed cues from European and commodities markets.
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742 days ago
TJX Companies Boosts FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings outlook for the third and fourth quarters, while raising its earnings guidance for the full-year 2024.
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743 days ago
Emerson To Buy FLEXIM Flexible Industriemesstechnik For Undisclosed Terms
Emerson Electric Co. (EMR) announced Wednesday a definitive agreement to acquire FLEXIM Flexible Industriemesstechnik GmbH, a global leader in clamp-on ultrasonic flow measurement for liquids, gases and steam. Terms of the transaction were not disclosed.
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743 days ago
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