The Japanese stock market is significantly higher on Wednesday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,700 level, with gains across most sectors led by exporters and financial stocks. The benchmark Nikkei 225 Index is...
Indian shares look set to open a tad lower on Wednesday, tracking mixed global cues as investors await key U.S. and European inflation readings this week for policy clues. Escalating tensions between Russia and Ukraine, unrest in the Middle East and the indefinite suspension of vessel traffic into and out of the Port of Baltimore...
European stocks traded mixed on Wednesday ahead of the euro-zone consumer and economic sentiment data for March due out later in the day, and the all-important U.S. personal expenditure consumption data on Friday. The release of the U.S. Federal Reserve\'s favored inflation indicator along with public comments from Fed Chair Jerome Powell on Friday are...
Indian shares rose notably on Wednesday despite mixed cues from global markets. Underlying sentiment remained supported somewhat as crude prices extended declines for a second day running on data showing a significant surge in crude stockpiles in the United States, the world\'s largest consumer of oil. Rate-sensitive bank and auto stocks as well as heavyweight...
Shares of Trump Media & Technology Group Corp. or TMTG, the operator of the social media platform Truth Social founded by former U.S. President Donald Trump, gained big in its Tuesday\'s debut on the Nasdaq stock exchange. Trump Media shares, which climbed as much as 50 percent in the initial trading, closed Tuesday at 16.1...
Uni-channel retailer Lands\' End, Inc. (LE) reported Wednesday that net loss for the fourth quarter widened to $8.62 million or $0.27 per share from $3.30 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $0.25 per share, compared to adjusted net loss was $0.04 per share in...
Eurozone economic sentiment rose to a three-month high in March driven by the improvement across all sectors except construction, survey data from the European Commission revealed on Wednesday. The economic sentiment index climbed to 96.3 in March, as expected, from 95.5 in the previous month. The industrial confidence index rose to -8.8 from -9.4 in...
Germany\'s leading five economic think tanks significantly lowered the biggest euro area economy\'s growth forecast for this year on Wednesday, citing cyclical and structural weakness amid sluggish economic activity. The German economy is now projected to grow just 0.1 percent this year, the institutes said in their spring report, which was much less than the...
The U.S. dollar extended recent weakness during the Asian and European sessions on Tuesday, but recovered slowly and managed to score gains against most of its major counterparts by the end of the day. The dollar slipped earlier in the day with investors turning cautious, looking ahead to some key U.S. economic data, including the...
After an early drop and a subsequent recovery that resulted in a positive spell till the penultimate hour, the Canadian market retreated in the closing minutes of the session on Tuesday. Amid a lack of fresh triggers, investors once again stayed reluctant to make significant moves. The benchmark S&P/TSX Composite Index ended with a loss...