Sensex, Nifty Set For Weak Start

RTTNews | Pred 259 dňami
Sensex, Nifty Set For Weak Start

(RTTNews) - Indian shares look set to open on a weak note Tuesday after two days of strong gains. That said, a sharp fall in oil prices may help limit the downside.

Oil prices fell nearly 3 percent in the U.S. trading session overnight following reports that Isael and Hezbollah are likely to reach a cease-fire agreement within the next few days.

Asian markets traded mostly lower this morning despite the Dow Jones Industrial Average extending gains for a fourth straight session to reach a new record closing high overnight on positive reaction to news that President-elect Donald Trump intends to nominate billionaire hedge fund manager Scott Bessent as Treasury Secretary.

Bessent is seen as supportive of the equity markets and an advocate for deficit reduction. He has also called for Trump's planned tariff increases to be implemented gradually, which could reduce the impact on inflation.

European markets also finished on a firm note overnight after a fall in bond yields and amid expectations that the ECB will cut interest rates steadily in 2025.

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UK Labor Market Cools In Q2

UK Labor Market Cools In Q2

The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.
RTTNews | Pred 21 minútami
U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.
RTTNews | Pred 33 minútami
Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates. Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform
RTTNews | Pred 57 minútami
German ZEW Economic Confidence Deteriorates On Trade Deal

German ZEW Economic Confidence Deteriorates On Trade Deal

Economic sentiment in Germany deteriorated sharply in August due to the disappointing trade agreement reached with the United States, and also due to the declining economic output in the second quarter, results of the monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment plummeted to a three-month low of 34.7 in August.
RTTNews | Pred 1 h 52 min
Bay Street Likely To Open Flat Or Slightly Higher

Bay Street Likely To Open Flat Or Slightly Higher

The Canadian market is likely to open on a flat to slightly positive note Tuesday morning, amid easing trade concerns following the U.S. government extending its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.
RTTNews | Pred 1 h 54 min
Euro Slides On Downbeat German Economic Sentiment Data

Euro Slides On Downbeat German Economic Sentiment Data

The euro weakened against other major currencies in the European session on Tuesday, after German economic confidence deteriorated sharply in August due to disappointing EU-US trade deal.
RTTNews | Pred 3 h 15 min