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U.S. Existing Home Sales Rebound More Than Expected In October
Existing home sales in the U.S. rebounded by more than expected in the month of October, according to a report released by the National Association of Realtors on Thursday. The report said existing home sales surged by 3.4 percent to an annual rate of 3.96 million in October after slumping by 1.3 percent to a revised rate of 3.83 million in September.
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Philly Fed Index Unexpectedly Indicates Contraction In November
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity softened overall in the month of November. The Philly Fed said its diffusion index for current general activity tumbled to a negative 5.5 in November from a positive 10.3 in October, with a negative reading indicating contraction.
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U.S. Weekly Claims Dip To Lowest Level In Over Six Months
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended November 16th. The report said initial jobless claims slipped to 213,000, a decrease of 6,000 from the previous week's revised level of 219,000. Economists had expected jobless claims to inch up to 220,000.
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European Stocks Turning In Mixed Performance In Cautious Trade
European stocks are turning in a mixed performance on Thursday with investors assessing the latest economic data, the impact of the developments on the geopolitical front, and Donald Trump's second term as U.S. President, on global economic growth.
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Philly Fed Index Unexpectedly Turns Negative In November
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity softened overall in the month of November.
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274 dagar sedan
U.S. Weekly Claims Unexpectedly Dip To 213,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended November 16th
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274 dagar sedan
DOJ Asks Court To Force Google To Sell Chrome
The U.S. Department of Justice's antitrust officials have formally asked a federal judge to force Alphabet Inc.'s Google to sell Chrome web browser with a view to ending the tech major's illegal monopoly in search. The decision comes after a landmark ruling by District Judge Amit Mehta in August found that Google had violated US antitrust law by illegally monopolizing the search market.
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Fed's Barkin Warns U.S. Vulnerable To Inflation Shocks - FT
The U.S. economy is now more vulnerable to inflation shocks than it was in the past, Federal Reserve Bank of Richmond President Tom Barkin said in an interview to the Financial Times published on Wednesday, as businesses grow increasingly concerned about the impact of the Donald Trump administration's policies regarding tariffs and migrants.
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Bay Street Likely To Open Higher
Canadian shares are likely to open on a positive note on Thursday as resources stocks may move higher on firm crude oil and metal prices. Geopolitical tensions may weigh on sentiment.
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FTSE 100 Gains On Corporate Sector Outlook
A positive outlook on the corporate sector overshadowed concerns about geopolitics and inflation that helped the FTSE 100 record modest gains in Thursday's trading.
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Sensex, Nifty End Notably Lower; Adani Group Stocks Fall On Bribery Charges In U.S.
Indian stocks tumbled on Thursday, weighed down by rising concerns about escalating geopolitical tensions, and a sell-off in Adani Group companies' shares following news about the indictment of Gautam Adani and a few other executives of the group on bribery charges in the U.S.
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CAC 40 In The Red As Caution Rules
Lingering geopolitical tensions in eastern Europe and worries about the economic outlook for Europe dominated market sentiment, dragging down the CAC 40.
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DAX Tracks European Peers Lower Amidst Mood Of Caution
Amidst a cautious sentiment across Europe, the DAX declined close to half a percent on Thursday.
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