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U.S. Homebuilder Confidence Inches Up To Highest Level In Over A Year

With low existing inventory keeping demand for new homes solid, the National Association of Home Builders released a report on Tuesday showing an uptick in U.S. homebuilder confidence in the month of July. The report said the NAHB/Wells Fargo Housing Market Index inched up to 56 in July from 55 in June. The slight increase matched economist estimates.
RTTNews | Pred 671 dňami
U.S. Business Inventories Rise In Line With Estimates In May

U.S. Business Inventories Rise In Line With Estimates In May

The Commerce Department released a report on Tuesday showing another modest increase in U.S. business inventories in the month of May. The report said business inventories rose by 0.2 percent in May after inching up by a downwardly revised 0.1 percent in April.
RTTNews | Pred 671 dňami
U.S. Industrial Production Unexpectedly Falls Amid Continued Slump In Utilities Output

U.S. Industrial Production Unexpectedly Falls Amid Continued Slump In Utilities Output

Industrial production in the U.S. unexpectedly saw further downside in the month of June, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production slid by 0.5 percent in June, matching the downwardly revised decrease in May. Economists had expected production to come in unchanged.
RTTNews | Pred 671 dňami
U.S. Retail Sales Rise 0.2% In June, Much Less Than Expected

U.S. Retail Sales Rise 0.2% In June, Much Less Than Expected

A report released by the Commerce Department on Tuesday showed retail sales in the U.S. increased by much less than expected in the month of June. The Commerce Department said retail sales edged up by 0.2 percent in June after climbing by an upwardly revised 0.5 percent in May.
RTTNews | Pred 671 dňami
FTSE 100 Cautious Ahead Of Inflation Update

FTSE 100 Cautious Ahead Of Inflation Update

FTSE 100 of the London Stock Exchange edged lower amidst anxiety ahead of release of inflation data for the month of June on Wednesday. Consumer Price Inflation in the U.K. is seen falling to 8.2 percent, from 8.7 percent in the previous month.
RTTNews | Pred 671 dňami
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Morgan Stanley Q2 Profit Down, Yet Tops View

Morgan Stanley Q2 Profit Down, Yet Tops View

Financial services firm Morgan Stanley reported Tuesday weak profit in its second quarter, despite increased revenues in a challenging market environment. Earnings per share and topline, however, beat market estimates. In the quarter, Institutional Securities net revenues declined, reflecting continued muted activity in Investment Banking and declines in Equity and Fixed Income.
RTTNews | Pred 671 dňami
Euro Weakens On Easing Rate Hike Concerns

Euro Weakens On Easing Rate Hike Concerns

The euro was lower on Tuesday, as comments from European Central Bank officials raised hopes that the central bank is nearing the end of the rate-hiking cycle.
RTTNews | Pred 671 dňami
CAC-40 Rises Amidst Cautious Trade

CAC-40 Rises Amidst Cautious Trade

The CAC-40 edged higher on Tuesday as investors cautiously focus on the earnings season. Growth outlook on China continued to sway sentiment especially for luxury businesses with exposure to China.
RTTNews | Pred 671 dňami
Lockheed Martin Boosts FY23 Outlook - Update

Lockheed Martin Boosts FY23 Outlook - Update

While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2023.
RTTNews | Pred 671 dňami

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