A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November. Economists had expected the index to rise to 73.0. The...
The Canadian market is up in positive territory in late morning trade on Friday with stocks from consumer discretionary and communications sectors contributing to the upmove. A few stocks from technology sector are also notably higher. Data showing a much bigger than expected increase in Canadian jobs growth in the month of November is aiding...
The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for November reinforced the odds of a Federal Reserve rate cut later this month. Data from the Labor Department showed that non-farm payroll employment shot up by 227,000 jobs in November after rising by an...
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...