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European Markets Close Notably Lower On Tariff Concerns, Hot UK Inflation Data
European stocks closed lower on Wednesday as disappointing quarterly updates, U.S. President Donald Trump's fresh tariff threats, and hot inflation data from the U.K. weighed on sentiment.
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110天前
Canadian Market Remains Weak Despite Coming Off Early Lows
The Canadian market is down in negative territory around noon on Wednesday, with stocks from technology, financials, real estate and materials sectors under pressure. The mood is cautious with investors assessing U.S. President Donald Trump's threat of tariffs on semiconductors, automobile and pharma products.
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110天前
U.S. Housing Starts Pull Back Sharply Off Eleven-Month High In January
After reporting a substantial increase by new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts pulled back by more than expected in the month of January. The Commerce Department said housing starts plunged by 9.8 percent to an annual rate of 1.366 million in January.
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111天前
U.S. Housing Starts Pull Back More Than Expected In January
After reporting a substantial increase by new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts pulled back by more than expected in the month of January.
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111天前
Bay Street Likely To Open On Mixed Note
Canadian stocks are likely to open on a mixed note Wednesday morning with investors tracking commodity prices and reacting to a quarterly earnings announcements. Worries about fresh tariff threats by U.S. President Donald Trump are likely to weigh on sentiment.
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111天前
Euro Slides On Trump's Tariff Threats
The euro weakened against other major currencies in the European session on Wednesday amid fears of fresh tariffs by the U.S. President Donald Trump spoke about the possibility of a 25% levy on imports of automobile, semiconductors and pharma products from April, weigh on sentiment.
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111天前
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Wednesday.
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111天前
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UK Inflation Hits 10-Month High On Airfares, Food Prices
UK consumer price inflation accelerated to a 10-month high in January on higher airfares and food prices, data from the Office for National Statistics showed on Wednesday. The consumer price index logged a 3.0 percent rise in January, following December's 2.5 percent increase. This was the fastest growth since March 2024. Prices were forecast to climb 2.8 percent.
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111天前
Philips Shares Hit On Q4 Loss, Q1 Outlook Amid Weakness In China
Shares of Royal Philips N.V. were losing around 12 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE, after the Dutch consumer electronics giant reported Wednesday a loss in its fourth quarter, compared to prior year's profit, amid nearly flat sales. Further, amid ongoing weakness in China, the company projects lower margin and comparable sales in its first
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111天前
FTSE 100 Down Marginally As Investors React To Results, Inflation Data
U.K. stocks are slightly lower Wednesday morning, weighed down by data showing a bigger than expected increase in the nation's consumer price inflation. Fears of fresh tariffs by the U.S. weigh as well.
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111天前
Sensex, Nifty End Marginally Lower After Volatile Session
Indian shares fluctuated before finishing on a flat note Wednesday.
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111天前
CAC 40 Edging Lower In Cautious Trade
French stocks are drifting lower Wednesday morning, shifting to reverse gear after successive days of gains. Fears of fresh tariffs by the U.S. after President Donald Trump spoke about the possibility of a 25% levy on imports of automobile, semiconductors and pharma products from April, weigh on sentiment.
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111天前
DAX Extends Recent Gains, Climbs To Fresh Record High
German stocks edged higher to fresh record highs Wednesday morning, extending gains to a third straight session, with investors digesting the latest batch of earnings updates, and continuing to assess the likely impact of U.S. government's trade and economic policies.
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111天前
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