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Dollar Turns Weak Against Most Of Its Major Counterparts
The U.S. dollar turned weak on Wednesday after data from payroll processor ADP showed a smaller than expected increase in private sector employment in the month of September.
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Swiss Market Ends Marginally Down
After struggling for direction till noon on Wednesday, the Switzerland stock market moved higher and had a good spell in positive territory, but faltered in the final hour and eventually ended slightly down.
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European Stocks Close Slightly Lower After Volatile Session
European stocks closed slightly weak after a volatile session on Wednesday as interest rate concerns and rising bond yields continued to weigh on the markets.
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Canadian Market Recovery After Sharp Drop; Energy Stocks Lose Ground
The Canadian market is down in negative territory a little past noon on Wednesday, weighed down by losses in the energy sector after crude oil prices tumbled amid concerns about the outlook for demand.
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Weak ADP Jobs Data Sends U.S. Dollar Down
The U.S. dollar declined against its major counterparts in the European session on Wednesday, as weaker-than-expected ADP private sector employment data for September eased concerns about the interest rate outlook.
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U.S. Services Index Indicates Modestly Slower Growth In September
Reflecting slower rates of growth in new orders and employment, the Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September.
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U.S. Factory Orders Rebound Much More Than Expected In August
New orders for U.S. manufactured goods rebounded by much more than anticipated in the month of August, according to a report released by the Commerce Department on Wednesday. The report said factory orders surged by 1.2 percent in August after tumbling by 2.1 percent in July. Economists had expected factory order to rise by 0.3 percent.
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Kenon Awarded $116.2 Mln In Arbitration Proceedings For Peru's Breach Of The Free Trade Agreement
Kenon Holdings Ltd. (KEN) announced Wednesday that an arbitration tribunal constituted by the International Centre for Settlement of Investment Disputes has delivered a final award in favor of Kenon and its wholly-owned subsidiary IC Power Ltd. in an arbitration proceeding under the Free Trade Agreement between Singapore and the Republic of Peru.
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Archer Receives First Nearly $1 Mln U.S. Air Force Payment On Contracts Valued At Up To $142 Mln
Archer Aviation Inc. (ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Wednesday that the U.S. Air Force has provided the company with its first installment of nearly $1 million on their recently announced contracts valued at up to $142 million.
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U.S. Private Sector Job Growth In September The Slowest Since January 2021
Private sector job growth in the U.S. slowed by much more than expected in the month of September, payroll processor ADP revealed in a report released on Wednesday. The increase in September reflected the slowest pace of job growth since January 2021, when private employers shed jobs.
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671 hari yang lalu
UK Services Activity Shrinks Most In 8 Months
The UK service sector contracted the most since January largely due to subdued demand and cutbacks to non-essential spending among clients, final survey results published by S&P Global revealed on Wednesday. The Chartered Institute of Procurement & Supply final services Purchasing Managers' Index posted 49.3 in September, down from 49.5 in August.
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671 hari yang lalu
Euro Area Private Sector Stuck In Recession
Eurozone private sector ended the third quarter with another contraction as weak demand weighed on output across the manufacturing and services sectors, final results of the purchasing managers' survey from S&P Global showed on Wednesday. The HCOB final composite output index advanced to 47.2 in September from 46.7 in the previous month. Moreover, the score was slightly above the flash 47.1.
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CACI Awarded Up To $917 Mln Five-year Contract By U.S. Air Force's Research Laboratory
CACI International, Inc. (CACI) announced Wednesday that it has been awarded a five-year contract, with a maximum ceiling value of $917 million, to continue to provide complete life cycle software and systems engineering to improve battlespace awareness for the U.S. Air Force's Research Laboratory (AFRL).
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