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Japanese Market Slightly Higher
The Japanese stock market is slightly higher in choppy trading on Monday after opening well in the red, recouping some of the losses in the previous two sessions, with the Nikkei 225 staying above the 32,800 level, despite the broadly negative cues from global markets on Friday, as traders continue to react to the aggressive monetary tightening by major central banks last week.
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Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, extending the losses in the previous three sessions, with the benchmark S&P/ASX 200 staying below the 7,100 level, following the broadly negative cues from global markets on Friday, as aggressive monetary tightening by major central banks continued to weigh on markets.
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TSX Ends Lower For 6th Straight Day
Canadian stocks drifted lower on Friday, extending losses to a sixth straight session, amid rising concerns interest rate hikes will hurt growth and weigh on corporate earnings as well.
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Dollar Rises Against Major Counterparts On Safe Haven Appeal
The U.S. dollar firmed against its major counterparts on Friday amid concerns about inflation and on Fed Chair Jerome Powell's congressional testimony that signaled more interest rate hikes from the U.S. central bank.
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Canadian Market Remains In Negative Territory, Set For Another Weak Close
The Canadian market is down firmly in negative territory Friday afternoon due to sustained selling at several counters, and looks set for another weak close.
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Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Friday, recovering well after very nearly falling into negative territory in late afternoon trades.
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European Stocks Close Lower Again On Rate Hike Concerns, Growth Worries
European stocks closed lower on Friday, extending recent losses, as interest rate hikes by several central banks, and some disappointing economic data weighed on sentiment.
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FDA Warns 189 Retailers For Illegal Sale Of Disposable E-cigarettes
The U.S. Food and Drug Administration has warned 189 retailers against unauthorized sales of two of the most popular disposable e-cigarettes in the U.S., specifically Elf Bar and Esco Bars brand e-cigarettes. These two flavored brands have high youth appeal for its unique flavors such as bubblegum and cotton candy.
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692 hari yang lalu
UK Private Sector Growth Weakest In 3 Months
The UK private sector expanded for the fifth straight month in June albeit at the slowest pace in three months as the upturn in services activity was largely offset by the contracting manufacturing sector, flash survey results from S&P Global showed on Friday. The Chartered Institute of Procurement & Supply flash composite output index dropped to 52.8 in June from 54.0 in May.
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Southwest Airlines Reaches Tentative Agreement With AMFA For Mechanics & Related Employees
Southwest Airlines Co. (LUV) and the Aircraft Mechanics Fraternal Association or AMFA, announced Friday that they have reached a Tentative Agreement (TA) for the airline's Mechanics & Related Employees.
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FDA OKs Elevidys As First Gene Therapy To Treat Duchenne Muscular Dystrophy
Sarepta Therapeutics, Inc. announced Friday that the U.S. Food and Drug Administration or FDA has accelerated approval of ELEVIDYS (delandistrogene moxeparvovec-rokl) for the treatment of ambulatory pediatric patients aged 4 through 5 years with Duchenne muscular dystrophy (DMD) with a confirmed mutation in the DMD gene.
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692 hari yang lalu
Eurozone Private Sector Moves Closer To Stagnation
The euro area private sector growth moved close to stagnation after the brief growth revival in the spring, survey results from S&P Global showed on Friday. The composite output index fell to 50.3 in June from 52.8 in May. This was the lowest reading since January and also remained below economists' forecast of 52.5, suggesting a considerable loss of growth momentum.
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692 hari yang lalu
Abcam To Initiate Process To Explore Strategic Alternatives, Including Potential Sale
Abcam plc (ABCM), a supplier of life science research tools, announced Friday that its Board of Directors has unanimously decided to initiate a process to explore strategic alternatives for the Company after having listened to and extensively engaging with shareholders.
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692 hari yang lalu
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