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Major European Markets Close On Mixed Note
The major European markets ended on a mixed note on Wednesday, while most of the other markets in the region closed higher.
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851 days ago
Canadian Market Pares Early Gains, Roughly Flat At Noon
After opening modestly higher and moving further up subsequently, the Canadian market pared its gains Wednesday morning and is roughly flat at noon.
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851 days ago
U.S. Business Inventories Increase In Line With Estimates In November
Business inventories in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Commerce Department on Wednesday. The Commerce Department said business inventories rose by 0.4 percent in November following a revised 0.2 percent uptick in October.
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851 days ago
U.S. Homebuilder Confidence Unexpectedly Rebounds In January
After reporting decreases in U.S. homebuilder confidence for twelve straight months, the National Association of Home Builders released a report on Wednesday showing an unexpected improvement in homebuilder confidence in the month of January.
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851 days ago
U.S. Industrial Production Decreases Much More Than Expected In December
Industrial production in the U.S. decreased by much more than expected in the month of December, according to a report released by the Federal Reserve on Wednesday. The Fed said industrial production slid by 0.7 percent in December after falling by a revised 0.6 percent in November. Economists had expected industrial production to edge down by 0.1 percent.
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851 days ago
U.S. Retail Sales Slump 1.1% In December, More Than Expected
A report released by the Commerce Department on Wednesday showed a steep drop in U.S. retail sales in the month of December. The Commerce Department said retail sales tumbled by 1.1 percent in December after slumping by a revised 1.0 percent in November.
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851 days ago
U.S. Producer Prices Decrease 0.5% In December Amid Steep Drop In Energy Prices
Partly reflecting a steep drop in energy prices, the Labor Department released a report on Wednesday showing U.S. producer prices fell by more than expected in the month of December. The Labor Department said its producer price index for final demand declined by 0.5 percent in December after inching up by a revised 0.2 percent in November.
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851 days ago
more news
Eurozone Construction Output Falls 0.8% On Lower Building Activity
Eurozone construction output contracted for the first time in three months in November, as a rise in civil engineering activity was offset by a downturn in the building sector, data from the statistical office Eurostat showed on Wednesday. Construction output fell 0.8 percent month-over-month in November, reversing a revised 1.0 percent rise in October.
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851 days ago
Charles Schwab Q4 Profit Rises 26%, But Results Miss Estimates
Financial services firm Charles Schwab Corp. reported Wednesday a profit for the fourth quarter that increased 26 percent from last year, reflecting 17 percent revenue growth aided by 41 percent rise in net interest revenue. Both earnings per share and quarterly revenues missed analysts' estimates.
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851 days ago
U.S. Retail Sales Slump More Than Expected In December
A report released by the Commerce Department on Wednesday showed a steep drop in U.S. retail sales in the month of December.
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851 days ago
U.S. Producer Prices Drop More Than Expected In December
Partly reflecting a steep drop in energy prices, the Labor Department released a report on Wednesday showing U.S. producer prices fell by more than expected in the month of December.
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851 days ago
U.S. Dollar Drops As Treasury Yields Fall
The U.S. dollar dropped against its major counterparts in the European session on Wednesday, amid falling treasury yields and expectations for a slower pace of rate hikes by the Federal Reserve.
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851 days ago
Prologis Guides FY23 EPS In Line With Estimates - Update
While reporting its financial results for the fourth quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2023.
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851 days ago
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