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TSX Ends 1.6% Down As Trade War Fears Rise
The Canadian market ended sharply lower on Friday, weighed down by lukewarm GDP data and concerns about inflation and impending U.S. tariffs.
Trade tensions are escalating with U.S. President Donald Trump's announcement of a 25% tariff on autos, and the Canadian Prime Minister Carney warning of retaliatory measures.
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153天前
U.S. Dollar Drops After PCE Inflation Data
The U.S. dollar weakened against its major counterparts in the New York session on Friday, following the release of PCE inflation data for February.
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153天前
Swiss Market Ends Modestly Lower After Choppy Session
The Switzerland market closed modestly lower on Friday after a choppy session, as investors largely chose to stay on the sidelines or refrained from significant moves amid rising fears of a global trade war.
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153天前
European Stocks Close Lower On Growth Worries Following Trump's Tariff Moves
European stocks closed lower on Friday, continued to be weighed down by concerns about global economic growth following U.S. President Donald Trump's tariff announcement, and none too encouraging U.S. economic data, including a reading on core PCE price index.
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153天前
Canadian Market Down Sharply On Widespread Selling
Canadian shares are down sharply in negative territory in early afternoon trades on Friday, extending earlier losses, amid concerns about growth and uncertainty about U.S. tariffs. Disappointing GDP data appears to be weighing as well.
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153天前
German Unemployment Rate Rises In March
German unemployment increased more than expected in March as economic downturn continued to weigh on labor market activity, official data showed Friday. The number of people out of work increased 26,000 to 2.92 million, the Federal Employment Agency reported. Unemployment was expected to climb 10,000 after rising 9,000 in February.
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154天前
U.S. Consumer Sentiment Slumps More Than Previously Estimated In March
Consumer sentiment in the U.S. fell by more than previously estimated in the month of March, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for March was downwardly revised to 57.0 from a preliminary reading of 57.9. Economists had expected the index to be unrevised.
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154天前
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CPSC Recalls: E-Bikes, Bunk Beds, Window Shades, Bottles, Dressers, Candles
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including E-bikes with chain guards, children's steel utility bunk beds, roller window shades, dietary supplement bottles, dressers, and scented candles, among others. Morgan Hill, California-based Specialized Bicycle Components Inc. has called back about 32,400 units of Vado and Como IGH E-Bikes with chain duards...
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154天前
U.S. Consumer Prices Rise In Line With Estimates But Core Price Growth Exceeds Expectations
While the Commerce Department released a report on Friday showing U.S. consumer prices increased in line with economist estimates in the month of February, core consumer prices rose by slightly more than expected. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen in the two previous months.
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154天前
U.S. PCE Price Index Rises In Line With Estimates In February
A report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of February, although core consumer prices rose by slightly more than expected.
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154天前
Bay Street Likely To Open On Slightly Volatile Note
Canadian shares are likely to open on a slightly volatile note Friday morning with investors reacting to crucial economic data from both sides of the border and continuing to assess the impact of Trump's tariff moves.
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154天前
FTSE 100 Recovers From Early Weakness, Up Marginally
U.K. stocks are swinging between gains and losses in cautious trade on Friday with investors digesting the latest set of economic data, and continuing to assess the impact of U.S. President Donald Trump's tariff moves.
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154天前
CAC 40 Modestly Lower As Stocks Extend Decline To 3rd Session
French stocks are exhibiting weakness on Friday, extending recent declines, as investors continue to stay wary of making significant moves amid rising fears of a global trade war following the U.S. President's new tariff moves.
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154天前
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