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Asian Markets Mostly Higher In Cautious Trades
Asian stock markets are trading mostly higher on Friday, following the mostly positive cues from global markets overnight, as traders remain cautious amid renewed uncertainty about the outlook for interest rates following the release of the minutes of the US Fed's latest monetary policy meeting earlier in the week. They now look ahead of the closely watched monthly US jobs report for further cues.
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588 days ago
Sensex, Nifty To See Muted Start As Traders Pare Rate Cut Bets
Indian shares may struggle for direction at open on Friday, tracking mixed cues from global markets as bond yields rose on doubts about how soon the Federal Reserve could start cutting interest rates.
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588 days ago
Japanese Market Notably Higher
Recouping some of the losses in the previous three sessions, the Japanese stock market is notably higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 33,400 level, with gains across most sectors led by index heavyweights and financial stocks.
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588 days ago
Australian Market Slightly Higher
Recouping some of the losses in the previous two sessions, the Australian stock market is slightly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 7,500 level, with gains is gold miners and financial stocks nearly offset by losses in energy and technology stocks.
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588 days ago
U.S. Dollar Edges Slightly Lower Ahead Of Jobs Data
After moving notably higher over the past few days, the value of the U.S. dollar has shown a modest move back to the downside during trading on Thursday.
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588 days ago
Swiss Stock Market Extends Winnings Streak
The Swiss stock market closed to the upside again on Thursday, extending its winning streak to three sessions and gathering almost 160 points or 1.5 percent along the way.
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588 days ago
European Markets Close To The Upside On Thursday
The major European markets endured a choppy trading day on Thursday, bouncing back and forth across the unchanged line before finally settling with mild gains.
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588 days ago
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U.S. Dollar Rises After Better-than-expected ADP Data
The U.S. dollar bounced back against its major counterparts during the New York session on Thursday, as stronger-than-expected ADP private payrolls data for December reduced possibility of early rate cuts by the Federal Reserve.
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588 days ago
Avenue Therapeutics Reaches Deal With FDA For Phase 3 Safety Study For IV Tramadol
Specialty pharmaceutical company Avenue Therapeutics, Inc. (ATXI) announced Thursday that it has reached final agreement with the U.S. Food and Drug Administration on the Phase 3 safety study protocol and statistical analysis approach, including the primary endpoint, for intravenous (IV) tramadol
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588 days ago
Lamb Weston Boosts FY24 Earnings Outlook - Update
While reporting financial results for the second quarter on Thursday, Lamb Weston Holdings, Inc. (LW) raised its earnings and adjusted earnings guidance for the full-year 2024, while reaffirming annual net sales outlook.
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588 days ago
U.S. Weekly Jobless Claims Dip More Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended December 30th. The Labor Department said initial jobless claims declined to 202,000, a decrease of 18,000 from the previous week's revised level of 220,000. Economists had expected jobless claims to edge down to 216,000.
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588 days ago
U.S. Private Sector Employment Climbs More Than Expected In December
Reflecting a healthy bump in leisure and hospitality hiring, payroll processor ADP released a report on Thursday showing private sector employment in the U.S. increased by more than expected in the month of December.
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588 days ago
Alaska Airlines Takes Delivery Of First Longer-range Boeing 737-8
Alaska Airlines (ALK) said Thursday it took delivery of the first longer-range Boeing 737-8 to its aircraft lineup - the next component of its strategic, long-term fleet plan that builds on its strengths and provides a road map for ongoing future success.
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588 days ago
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