The Canadian market climbed to a fresh record high Friday morning, led by gains in technology, consumer discretionary, materials, financials and energy sectors. Data showing a strong reading of Canadas Ivey Purchasing Managers Index for the month of September and upbeat U.S. jobs data are aiding sentiment. The benchmark S&P/TSX Composite Index, which rose to...
The U.S. dollar spiked up against its major counterparts in the New York session on Friday, as nonfarm payrolls increased more than expected in September, reducing odds of a 50 basis point rate cut by the Federal Reserve in November. Data from the Labor Department showed that non-farm payroll employment jumped by 254,000 jobs in...
European stocks ended higher on Friday with investors cheering upbeat U.S. jobs data. Geopolitical tensions persisted, but that did not deter investors from picking up several frontline stocks. In addition to reacting to U.S. jobs data and following geopolitical news, investors also digested a slew of economic data from the European region. The pan European...
U.S. stocks rallied on Friday, lifting the major averages to a firm close, as upbeat non-farm payroll data helped offset concerns about Middle East tensions and prompted investors to indulge in some brisk buying at several counters from across various sectors. The Dow settled at a fresh record high at 42,352.75, gaining 341.16 points or...
The U.S. dollar moved up on Friday as prospects of aggressive rate cuts by the Federal Reserve in its upcoming meeting faded after data from the Labor Department showed a much bigger than addition of jobs in non-farm payroll employment in September. Data from the Labor Department showed that non-farm payroll employment jumped by 254,000...
The Canadian market posted new record intraday and closing highs on Friday as technology and energy stocks rallied on sustained buying support. Upbeat jobs data from the U.S., and a strong reading of Canadas Ivey Purchasing Managers Index helped underpin sentiment. The benchmark S&P/TSX Composite Index climbed to a new high of 24,179.28 and settled...
The total number of building permits issued in Australia was down a seasonally adjusted 6.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday said on Tuesday - coming in at 13,991 consents. That missed forecasts for a decline of 4.3 percent following the upwardly revised 11.0 percent spike in July...
The value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at A$36.474billion. That beat forecasts for a gain of 0.4 percent following the upwardly revised 0.1 percent increase in July (originally flat). On a yearly basis,...
Rebounding from the sharp losses in the previous session, the Japanese stock market is sharply higher on Tuesday, with the Nikkei 225 moving well above the 38,500 level, following the broadly positive cues from Wall Street overnight, with gains across all the sectors led by index heavyweights and technology stocks. The markets react to incoming...
Indian shares may open little changed on Tuesday after Federal Reserve Chair Jerome Powell signaled that he was in no hurry to make further interest-rate cuts. Action may be subdued ahead of a market holiday on Wednesday on account of Gandhi Jayanti. Investors may also react to a SEBI meeting outcome, a slew of economic...