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Dollar Loses Ground Against Major Counterparts
The U.S. dollar drifted lower against its major counterparts on Tuesday as bond yields fell after dovish comments from some Federal Reserve officials lowered expectations for further interest rate hikes for now.
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U.S. Stocks Close On Firm Note As Treasury Yields Drop
After opening on a slightly subdued note, U.S. stocks climbed higher and held firm right through the day's session on Tuesday to eventually close with solid gains.
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U.S. Stocks Firmly Up In Positive Territory On Dovish Comments From Fed Officials
U.S. stocks are firmly placed in positive territory around mid afternoon on Tuesday, gaining in strength after a somewhat cautious and subdued start.
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Swiss Market Ends On Upbeat Note
The Switzerland stock market closed on a strong note on Tuesday, in line with markets across Europe, as the mood turned positive after dovish comments from Fed officials.
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European Stocks Close On Buoyant Note
European stocks closed on a buoyant note on Tuesday as investors indulged in hectic buying right through the day's session, as bond yields fell after dovish comments from Federal Reserve Officials.
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Swiss Franc Declines Against Majors
The Swiss franc fell against its major counterparts in the New session on Tuesday.
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Trex Appoints Brenda Lovcik As SVP And CFO
Trex Co., Inc. (TREX) announced Tuesday that it has named Brenda Lovcik as Senior Vice President and Chief Financial Officer, effective October 23, 2023.
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Akamai Technologies Acquires Select Assets From Lumen Technologies
Cloud company Akamai Technologies, Inc. (AKAM) announced Tuesday that it has acquired assets, including select content delivery customer contracts, from Lumen Technologies, Inc. (LUMN).
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IMF Says Global Economy Limping Along, Chances Of Soft Landing Increased
The International Monetary Fund downgraded the global growth forecast for next year, saying the projections are weakest in decades, while the likelihood of a soft-landing has increased with growing divergences amid modestly easing inflationary pressures. Global growth was forecast at 3.0 percent this year, the IMF said in its October World Economic Outlook report released on Tuesday.
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Integer Holdings Confirms Diron Smith As New CFO
Integer Holdings Corp. (ITGR), a medical device outsource (MDO) manufacturer, announced Tuesday that Diron Smith is assuming the role of Executive Vice President and Chief Financial Officer, effective immediately.
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Creative Medical Gets IRB Approval For StemSpine Trial Using AlloStem Cell Therapy
Biotechnology company Creative Medical Technology Holdings, Inc. (CELZ) announced Tuesday that it has received Institutional Review Board (IRB) approval to proceed with its clinical trial for the treatment of chronic lower back pain with its StemSpine procedure using AlloStem (CELZ-201-DDT) cell therapy.
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Bay Street Likely To Open Higher
The Canadian market, which will be back in action on Tuesday after an extended weekend, is likely to start on a positive note, tracking Asian and European markets, where stocks gained amid a drop in bond yields, and Fed rate pause hopes.
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U.S. Dollar Weakens As Treasury Yields Drop On Dovish Fed Comments
The U.S. dollar fell against its most major counterparts in the European session on Tuesday amid a drop in treasury yields, as dovish comments from Federal Reserve officials lowered expectations for further interest rate hikes.
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