Indian shares opened lower on Friday after rising sharply in the previous session amid the expiry of weekly F&O contracts. The benchmark S&P/BSE Sensex dropped 470 points, or 0.6 percent, to 79,473 in early trade, tracking a surging dollar and elevated U.S. Treasury yields after data showed U.S. weekly jobless claims unexpectedly dropped to an...
U.K. stocks moving in a very narrow range in lackluster trade Friday morning amid a lack of fresh economic data and significant corporate news. A slightly weaker Pound is limiting the markets downside. Mining stocks are exhibiting some weakness, weighed down by weak copper prices. The benchmark FTSE 100 advanced to 8,268.97 after a weak...
UK mortgage approvals declined unexpectedly to a three-month low in November and consumer credit growth weakened to the lowest in more than two years, vindicating the view that the economy likely stagnated at the end of the year. The number of approvals fell to 65,720 in November from 68,129 in the previous month, data from...
Unemployment in Germany increased in December albeit at a slower-than-expected pace with the onset of the winter break, official data showed on Friday. The number of jobless increased by 10,000 in December, a bigger increased compared to the 6,000 in November, the Federal Employment Agency reported. Unemployment was forecast to rise by 15,000. The unemployment...
Shares of Tesla, Inc. fell around 6.1 percent on Thursdays regular trading after the luxury electric vehicle maker reported a decline in annual deliveries for the first time. The company also reported weak production in the year and in the fourth quarter, while quarterly sales were higher. On the Nasdaq, Tesla stock moved 1.1 percent...
Manufacturing activity in the U.S. contracted at a slower rate in the month of December, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI inched up to 49.3 in December from 48.4 in November, although a reading below 50 still indicates contraction. Economists had expected...
The Australian dollar fell against its most major counterparts in the New York session on Friday. The aussie retreated to 97.53 against the yen and 0.6197 against the greenback, from an early high of 97.89 and a 3-day high of 0.6225, respectively. The aussie fell to 1.6594 against the euro and 1.1074 against the kiwi,...
European stocks closed weak on Friday, retreating after scoring strong gains on the first session of Year 2024. Losses in automobile, luxury and travel sectors weighed on the markets on a day when investors largely stayed cautious, looking for directional clues. The drop in shares from the luxury sector was due to sharp near 30%...
The Canadian market looks set to end on a firm note for the third consecutive session, with stocks from communications, real estate and industrial sectors recording strong gains. A few stocks from technology, financials, healthcre, energy, consumer staples and utilities sections are also notably higher. The benchmark S&P/TSX Composite Index is up 171.55 or 0.69%...
The Canadian market closed on a firm note on Friday, lifted by gains in real estate, communications and technology stocks. The benchmark S&P/TSX Composite Index ended the session with a gain of 175.51 points or 0.7% at 25,073.54. The index gained 1.12% in the holiday-shortened week. Canadian Tire Corporation (CTC.TO) soared 11.5% and Hut 8...