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Forex News
U.S. Stocks Tumble For 3rd Straight Day As Bond Yields Rise
U.S. stocks fell on Thursday, extending recent losses, amid concerns the Federal Reserve will hold interest rates higher for longer to control inflation.
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647 days ago
U.S. Stocks Down In Negative Territory, Look Headed For Another Weak Close
U.S. stocks, which fell after a slightly positive start Thursday morning, remain firmly down in negative territory around later afternoon, and look headed for another weak close.
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647 days ago
Swiss Market Ends Notably Lower
The Switzerland stock market ended weak on Thursday, in line with markets across Europe, as worries about the health of China's economy and uncertainty about interest rates continued to weigh on sentiment.
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647 days ago
European Stocks Close Lower On Growth Worries
European stocks closed weak on Thursday, extending recent losses, as worries about China's economic woes, interest rate and inflation concerns continued to weigh on sentiment.
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647 days ago
Canadian Shares Turning In Mixed Performance
Canadian shares are turning in a mixed performance in cautious trade on Thursday with investors continuing to assess the outlook for economic growth and interest rate paths of global central banks.
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647 days ago
Japanese Yen Advances Against Majors
The Japanese yen climbed against its major counterparts in the European session on Thursday, amid worries over China's sluggish economic recovery and the prospect of higher interest rates in the U.S.
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647 days ago
Norges Bank Signals Tightening To Continue In September
The Norwegian central bank raised its interest rates on Thursday, in line with its guidance in June, and hinted at further tightening ahead if the economic situation pans out as expected.
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647 days ago
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U.S. Weekly Jobless Claims Edge Modestly Lower
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended August 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 239,000, a decrease of 11,000 from the previous week's revised level of 250,000.
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647 days ago
Walmart Q2 Profit Up 53%; Results Top Estimates
Retail giant Walmart reported Thursday a net profit for the second quarter that surged 53.3 percent from last year, reflecting improved gross margins and revenue growth. The results were also driven by the rebound in international markets. Both adjusted earnings per share and revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2024.
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647 days ago
U.S. Weekly Jobless Claims Slip To 239,000
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended August 12th, according to a report released by the Labor Department on Thursday.
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647 days ago
Nuvectis Pharma Says FDA Grants Orphan Drug Designation To NXP800 For Cholangiocarcinoma
Biopharmaceutical company Nuvectis Pharma, Inc. (NVCT) announced Thursday that NXP800 was granted Orphan Drug Designation by the U.S. Food and Drug Administration (FDA) for the treatment of cholangiocarcinoma.
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647 days ago
Bay Street Seen Opening With Positive Bias
The Canadian market is likely to open with a positive bias on Thursday as energy stocks are expected to climb higher on firm crude oil prices.
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647 days ago
Walmart Boosts FY24 Outlook - Update
While reporting financial results for the second quarter on Thursday, retail giant Walmart, Inc. (WMT) raised its adjusted earnings and net sales growth guidance for the full-year 2024. It also provided outlook for the third quarter.
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647 days ago
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