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TSX Ends On Weak Note On Growth Worries

TSX Ends On Weak Note On Growth Worries

The Canadian market ended weak on Wednesday after languishing in negative territory right through the day's session as worries about slowing growth and soaring inflation weighed on sentiment.
RTTNews | 1110 dagar sedan
Dollar Stays Firm As Fed Minutes Signal More Rate Hikes

Dollar Stays Firm As Fed Minutes Signal More Rate Hikes

The U.S. dollar retreated from higher levels Wednesday afternoon after the release of the Federal Reserve's July meeting, but still managed to hold above the flat line as the minutes indicated the central bank will continue hiking rates to fight inflation.
RTTNews | 1110 dagar sedan
Fed Minutes Reaffirm Plans To Continue Raising Interest Rates

Fed Minutes Reaffirm Plans To Continue Raising Interest Rates

The Federal Reserve released the minutes of its July monetary policy meeting on Wednesday, reaffirming the central bank's plans to continue raising interest rates in an effort to return inflation to its 2 percent objective.
RTTNews | 1110 dagar sedan
Swiss Market Fails To Hold Gains, Ends Marginally Down

Swiss Market Fails To Hold Gains, Ends Marginally Down

Despite spending much of the day's session in positive territory, the Switzerland market ended slightly weak on Wednesday as select stocks fell on selling pressure in late afternoon trades.
RTTNews | 1110 dagar sedan
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U.S. Business Inventories Jump In Line With Estimates In June

U.S. Business Inventories Jump In Line With Estimates In June

The Commerce Department released a report on Wednesday showing a continued surge in U.S. business inventories in the month of June. The report showed business inventories shot up by 1.4 percent in June after surging by an upwardly revised 1.6 percent in May. The continued jump in inventories matched economist estimates.
RTTNews | 1110 dagar sedan
Lowe's, TJX Q2 Revenues Miss Estimates, But Target Revenues Met It

Lowe's, TJX Q2 Revenues Miss Estimates, But Target Revenues Met It

Home improvement retailer Lowe's Cos., Inc. reported Wednesday an increase in earnings per share for the second quarter that also topped analysts' estimates. However, quarterly sales edged down and missed expectations. The company also reaffirmed its guidance range for the full-year 2022.
RTTNews | 1110 dagar sedan
U.S. Retail Sales Unchanged Amid Pullbacks In Gas, Auto Sales

U.S. Retail Sales Unchanged Amid Pullbacks In Gas, Auto Sales

With pullbacks in gasoline and auto sales offsetting strength in other areas, the Commerce Department released a report on Wednesday showing U.S. retail sales came in flat in the month of July. The Commerce Department said retail sales were virtually unchanged in July after climbing by a downwardly revised 0.8 percent in June.
RTTNews | 1110 dagar sedan
U.S. Retail Sales Unchanged In July

U.S. Retail Sales Unchanged In July

With pullbacks in gasoline and auto sales offsetting strength in other areas, the Commerce Department released a report on Wednesday showing U.S. retail sales came in flat in the month of July.
RTTNews | 1111 dagar sedan

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