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TSX Ends Modestly Higher
After a slightly weak start and a subsequent recovery that resulted in a good spell in positive territory, the Canadian market pared some gains in the final hour and eventually ended the day's session modestly higher.
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548 gün önce
U.S. Stocks Settle Lower As Traders Scale Back Rate Cut Bets After PPI Data
U.S. stocks settled lower on Friday as robust producer price inflation data raised concerns that Federal Reserve may not consider lowering interest rate anytime soon.
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548 gün önce
Canadian Market Looks Headed For Another Positive Close
The Canadian market remains fairly well placed in positive territory Friday afternoon, with stocks from materials and communications sectors posting impressive gains.
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549 gün önce
Swiss Market Ends Higher For 3rd Straight Day
The Switzerland market ended on a positive note on Friday, extending gains to a third straight session, as optimism about interest rate cut by the Federal Reserve helped underpin sentiment.
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549 gün önce
European Stocks Close Higher On Strong UK Retail Sales Data, Rate Cut Hopes
European stocks closed higher on Friday, extending recent gains, with investors cheering UK retail sales data and some encouraging corporate earnings updates. Optimism about interest rate cuts by several central banks sometime in the second half of the current year contributed as well to the positive mood in the region.
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549 gün önce
U.S. Consumer Sentiment Inches Higher In February
After reporting a surge in consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a slight improvement in sentiment in the month of February. The report said the consumer sentiment index inched up to 79.6 in February after spiking to 79.0 in January. Economists had expected the index to rise to 80.0.
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549 gün önce
U.S. Dollar Climbs As Early Rate-cut Hopes Dim After Strong PPI Data
The U.S. dollar strengthened against its major counterparts in the European session on Thursday, as stronger-than-expected producer price index for January diminished likelihood of early interest rate cuts from the U.S. Federal Reserve.
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549 gün önce
more news
U.S. Producer Prices Rise 0.3% In January, More Than Expected
The Labor Department released a report on Friday showing producer prices in the U.S. increased by more than expected in the month of January. The report said the producer price index for final demand rose by 0.3 percent in January after edging down by 0.1 percent in December. Economists had expected producer prices to inch up by 0.1 percent.
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549 gün önce
Apple Plans To Launch AI Tool To Simplify Coding Work
Apple Inc. plans to launch a new software tool in artificial intelligence or AI for app developers to automate coding work, Bloomberg reported citing people with knowledge of the matter. The new tool is expected to help developers create software coding more quickly with a simplified coding process.
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549 gün önce
Russian Ruble Weakens Against U.S. Dollar Following Alexei Navalny's Death
The Russian ruble fell against the U.S. dollar on Friday, following the death of jailed opposition leader Alexei Navalny in an Arctic Circle jail.
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549 gün önce
U.S. Producer Prices Rise More Than Expected In January
The Labor Department released a report on Friday showing producer prices in the U.S. increased by more than expected in the month of January.
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549 gün önce
U. K. Retail Sales Rebound Most Since Early 2021
U. K. retail sales grew at the fastest pace since early 2021 underscoring that consumer spending is set to provide boost to the economic recovery in the first quarter of 2024. Retail sales volumes rebounded 3.4 percent in January, following a record fall of 3.3 percent in December, the Office for National Statistics said Friday.
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549 gün önce
Google Launches AI Cyber Defense Initiative
Alphabet Inc.'s Google has launched the "AI Cyber Defence Initiative" as part of its bid to use AI's security potential through a proposed policy and technology agenda that will help secure, empower and advance the digital future. The AI Cyber Defense Initiative will help transform cybersecurity and use AI to reverse the dynamic known as the "Defender's Dilemma."
RTTNews
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549 gün önce
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