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European Stocks Close Higher

European stocks closed higher on Thursday with investors closely monitoring the developments on the political front in the region, and looking ahead to U.S. non-farm payroll data, due on Friday. Voting began across polling stations in the U.K., with polls predicting a historic win for the Labour party. Meanwhile, investors hope the far-right National Party...

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Canadian Market Modestly Higher In Lackluster Trade

Canadian stocks are moving in a tight range in lackluster trade on Thursday, with investors awaiting the data on U.S. non-farm payroll employment for directional clues. Communications, energy, consumer discretionary and utilities stocks are finding some support, while stocks from the rest of the sectors are turning in a mixed performance. The benchmark S&P/TSX Composite...

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TSX Ends At 5-week High

The Canadian market ended at a five-week high on Thursday, despite staying somewhat subdued right through the day\'s session in lackluster trade. Due to a lack of positive triggers, investors appeared reluctant to make significant moves. With the U.S. market closed today for Independence Day holiday, the volume of business was thin in the Canadian...

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FTSE 100 Gains After Labour Victory

U.K. stocks traded higher on Friday as the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,265 after rising 0.9 percent on Thursday. Housebuilders traded higher, with Barratt Developments, Persimmon and Taylor Wimpey surging...

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CPSC Recalls: Honda Motorcycles, Power Adapters, Hair Dryers, Children\'s Pajamas

The U.S. Consumer Product safety Commission or CPSC has announced recalls including Honda off-road motorcycles, power adapters, hair dryers, and children\'s pajamas, citing various reasons. Torrance, California-based American Honda Motor Co. Inc., affiliated to Japanese automajor Honda Motor Co., has called back about 40,700 units of off-road motorcycles citing crash and injury risks. In addition,...

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European Shares Gain Ahead Of US Jobs Report

European stocks edged higher on Friday after the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule, as widely expected. Regarding Sunday\'s parliamentary elections in France, opinion polls show the second-round run-off vote may lead to a hung parliament with no clear majority. Optimism about a U.S....

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Eurozone Retail Sales Rise In May

Eurozone retail sales increased in May after falling a month ago but the pace of growth was weaker than forecast, official data showed on Friday. Retail sales edged up 0.1 percent on a monthly basis in May following a 0.2 percent drop in April, Eurostat said. Sales were expected to climb 0.2 percent. Sales of...

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UK House Prices Drop In June: Halifax

UK house prices dropped in June after remaining stable for two straight months, signaling that the property market remained subdued, mortgage lender Halifax reported Friday. House prices fell 0.2 percent month-on-month in June, in contrast to the expected increase of 0.2 percent. A typical UK house costs GBP 288,455. Compared to the last year, house...

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