J. M. Smucker Boosts FY24 Adj. EPS Outlook - Update

J. M. Smucker Boosts FY23 Outlook As Q2 Results Top Estimates

Consumer goods company J. M. Smucker reported Monday that profit for the second quarter declined seven percent from last year, hurt by lower margins, despite high single digit sales growth. However, both adjusted earnings per share quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.

RTTNews | 996 days ago

U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.

RTTNews | 18 minutes ago

FTSE 100 Modestly Higher; Beazley Plunges Sharply

U.K. stocks are turning in a mixed performance on Wednesday with investors reacting to earnings, and awaiting fresh data and trade news for directional clues.

RTTNews | 25 minutes ago

CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

French stocks are gaining some ground in positive territory on Wednesday, extending previous session's rise, amid continued optimism the Fed will reduce interest rate next month, and on slightly easing concerns about tariff after the U.S. decided to extend its pause on higher tariffs against China till November 10.

RTTNews | 1h 30min ago

DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.

RTTNews | 1h 56min ago

Sensex, Nifty End Higher After Inflation Relief

Indian shares eked out modest gains on Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years, bringing inflation below RBI's tolerance band and raising prospects of another interest rate cut.

RTTNews | 2h 0min ago

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Wednesday.

RTTNews | 2h 4min ago

European Shares Extend Gains On Fed Rate Cut Hopes

European stocks traded higher on Wednesday as in-line U.S. inflation data cemented expectations of interest rate cuts by the Federal Reserve in September.

RTTNews | 3h 27min ago

EURUSD	1.17162	GBPUSD	1.3574	AUDUSD	0.65525
USDJPY	147.279	USDCAD	1.37613	USDCHF	0.80326