The Canadian market closed slightly up on Friday with technology stocks contributing to the positive close. Data showing a much bigger than expected increase in Canadian jobs growth in the month of November aided sentiment. The benchmark S&P/TSX Composite Index, which hit a new record high at 25,826.98, closed up 11.76 points or 0.05% at...
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, after a data showed that the nations service sector growth slowed more than anticipated in the month of November. Data from the Institute for Supply Management showed that the services PMI fell to 52.1 in November from 56.0 in October....
Retail giant Walmart Inc. has recalled Marketside branded Fresh Cut Cucumber Slices possibly made with recalled whole cucumbers supplied by SunFed Produce, LLC due to the potential for Salmonella contamination, according to the U.S. Food and Administration. The Marketside Fresh Cut Cucumber Slices, produced in select stores, were available at 34 Walmart stores located in...
Asian stocks ended mixed on Thursday as traders took stock of the political crises in France and South Korea as well as comments by Federal Reserve Chair Jerome Powell indicating that the U.S. central bank will cut rates again when it meets later this month. Chinese shares ended on a firm note as investors awaited...
German stocks edged up slightly on Thursday after data showed factory orders fell less than expected in October after an upwardly revised surge the previous month. Destatis reported that factory orders fell 1.5 percent month-on-month after the revised 7.2 percent jump reported in September. Analysts had expected orders to fall by 2 percent. Industrial orders...
Manufacturing new orders in Germany declined at a slower than expected pace in October amid a slump in domestic demand, while the gain for September was revised up significantly due to a big order in the shipbuilding industry, preliminary data from the statistical office Destatis showed Thursday. Orders shrunk a seasonally and calendar-adjusted 1.5 percent...
French stocks advanced on Thursday as President Emmanuel Macron seeks a way out of Frances political crisis. Prime Minister Michel Barnier is expected to resign later today after being ousted in a no-confidence vote over a budget dispute. That makes him the shortest serving prime minister in modern French history. It is likely that the...
European stocks hovered near one-month highs on Thursday as President Emmanuel Macron seeks a way out of Frances political crisis. Prime Minister Michel Barnier is expected to resign later today after being ousted in a no-confidence vote over a budget dispute. That makes him the shortest serving prime minister in modern French history. It is...
Indian shares rallied on Thursday as weaker-than-expected U.S. private sector employment and service sector activity data contributed to optimism about the outlook for interest rates. Traders now expect a third consecutive interest-rate cut at the U.S. central banks Dec. 17-18 meeting. Investor sentiment was also supported by foreign institutional investors (FIIs) turning net buyers in...
The British pound strengthened against other major currencies in the European session on Thursday, as investor sentiment boosted after the French President Emmanuel Macron seeks a way out of Frances political crisis. Prime Minister Michel Barnier is expected to resign later today after being ousted in a no-confidence vote over a budget dispute. That makes...