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TSX Snaps 5-day Winning Streak, Settle Slightly Down
The Canadian market ended flat on Thursday after moving in a tight band in cautious trade amid lingering concerns about global economic slowdown.
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651 days ago
Dollar Loses Ground On Weak Economic Data
The U.S. dollar traded weak against most of its major counterparts on Thursday with traders reacting to the latest batch of economic data.
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651 days ago
Swiss Market Ends Moderately Lower
The Switzerland stock market ended on a weak note on Thursday, in line with the largely negative trend across Europe, as worries about global economic slowdown and some none too encouraging earnings updates from U.S. companies rendered the mood a bit bearish.
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652 days ago
European Stocks Close Lower On Growth Worries
European stocks closed broadly lower on Thursday with disappointing earnings from some European and U.S. companies, and concerns about global economic slowdown after weak data from China and Japan, weighing on sentiment.
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652 days ago
Canadian Market Modestly Lower At Noon; Energy Stocks Fall
The Canadian market is down in negative territory a little past noon on Thursday with stocks from energy and healthcare sectors recording losses.
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652 days ago
U.S. Dollar Falls As Initial Jobless Claims Increase More Than Expected
The U.S. dollar depreciated against its major counterparts in the New York session on Thursday, as an increase in weekly jobless claims last week bolstered hopes that the Federal Reserve has reached the end of its tightening cycle.
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652 days ago
U.S. Homebuilder Confidence Unexpectedly Slumps To 11-Month Low In November
With mortgage rates approaching 8 percent earlier this month, the National Association of Home Builders released a report on Thursday unexpectedly showing a continued deterioration in U.S. homebuilder confidence in the month of November. The report said the NAHB/Wells Fargo Housing Market Index slumped to 34 in November from 40 in October.
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652 days ago
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U.S. Industrial Production Drops More Than Expected Amid Auto Strikes
Partly reflecting the strikes at several major motor vehicle manufacturers, the Federal Reserve released a report on Thursday showing industrial production in the U.S. fell by much more than expected in the month of October. The Fed said industrial production slid by 0.6 percent in October after inching up by a downwardly revised 0.1 percent in September.
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652 days ago
Philly Fed Index Indicates Modestly Slower Contraction In November
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a modest slowdown in the pace of contraction in regional manufacturing activity in the month of November. The Philly Fed said its diffusion index for current general activity rose to a negative 5.9 in November from a negative 9.0 in October, although a negative reading still indicates contraction.
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652 days ago
U.S. Import, Export Prices Pull Back Much More Than Expected In October
Import and export prices in the U.S. both fell by much more than expected in the month of October, according to a report released by the Labor Department on Thursday. The Labor Department said its import price index slid by 0.8 percent, with prices for fuel imports led the way lower. Export prices also tumbled by 1.1 percent.
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652 days ago
U.S. Weekly Jobless Claims Reach Nearly Three-Month High
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits climbed by much more than expected in the week ended November 11th. The Labor Department said initial jobless claims rose to 231,000. With the bigger than expected, jobless claims reached their highest level since hitting 232,000 in the week ended August 19th.
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652 days ago
Great American Smokeout: Time To Breathe Some Fresh Air
The Great American Smokeout event is here, and the U.S. health regulators are offering some helping hand for those who desire to quit smoking. The difficult to beat addiction to Nicotine may be a barrier, but the U.S. Food and Drug Administraion and the Centers for Disease Control and Prevention or CDC have issued steps and advice to beat the dangerous habit.
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652 days ago
Philly Fed Index Increases But Remains Negative In November
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a modest slowdown in the pace of contraction in regional manufacturing activity in the month of November.
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652 days ago
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