ManpowerGroup Q2 Profit Rises 10%; Guides Q3 EPS

ManpowerGroup Q2 EPS Tops Estimates; Guides Q4 EPS Below Estimates

While reporting financial results for the third quarter on Thursday, workforce solutions provider ManpowerGroup, Inc. (MAN) said it expects earnings for the fourth quarter to be in the range of $1.17 to $1.27, which includes an estimated unfavorable currency impact of $0.01.

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U.S. Mortgage Applications Decline - MBA

U.S. mortgage applications decreased in the week ended September 26 after rising in the previous three weeks, latest survey data from the Mortgage Bankers Association showed on Wednesday.

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TSX Pares Some Gains After Posting New Record High

The Canadian benchmark index S&P/TSX Composite climbed to a new record high on Wednesday, supported by gains in technology, healthcare and mining stocks. The mood in the market remains positive despite another contraction in Canadian manufacturing activity, and a partial US government shutdown that is threatening to delay the crucial jobs data this week.

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Swiss Market Ends On Upbeat Note

The Switzerland market closed on an upbeat note on Wednesday, as pharma majors Roche and Novartis rallied sharply amid easing tariff concerns after Pfizer struck a deal with the Trump administration to allow patients to purchase discounter prescription drugs through a new federal website.

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European Markets Close On Buoyant Note

Despite the U.S. federal government officially shutting down after the Senate failed to reach an agreement on a last-minute spending bill, European stocks closed on a strong note on Wednesday, led by gains in the healthcare sector.

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U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction

A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. manufacturing activity crept slightly higher in September but continued to indicate contraction. The ISM said its manufacturing PMI edged up to 49.1 in September from 48.7 in August, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 49.0.

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Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia

Billionaire Elon Musk announced that his artificial intelligence startup X.AI Corp., doing business as xAI, is creating Grokipedia, an AI-driven alternative to Wikipedia, powered by the company's Grok AI chatbot.

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U.S. Private Sector Unexpectedly Cuts 32,000 Jobs In September

Private sector employment in the U.S. unexpectedly decreased in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment fell by 32,000 jobs in September after dipping by a revised 3,000 jobs in August. Economists had expected private sector employment to climb by 50,000 jobs.

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