Meat processor Tyson Foods, Inc. (TSN) reported Tuesday a profit for the fourth quarter compared to a loss last year, reflecting improved margins and sales growth. Both adjusted earnings per share and quarterly sales topped analysts expectations. However, the company provided weak sales guidance for the full-year 2025. In Tuesdays pre-market trading on Nasdaq, TSN...
U.S. stocks are broadly higher on Monday, although the technology sector is seeing some weakness due to profit taking. The Dow and the S&P 500 climb to new record highs this morning, and remain fairly well placed in positive territory. Investors continue to cheer Donald Trumps win in the presidential election, and remain optimistic that...
The U.S. dollar climbed against its major counterparts in the New York session on Monday, as investors await upcoming U.S. inflation data and speeches by Federal Reserve officials for additional clues to the Feds rate trajectory. U.S. reports on consumer and producer prices, retail sales and industrial production due later in the week may provide...
U.S. stocks closed on a firm note on Monday, lifting the Dow and the S&P 500 to new record highs, even as the Nasdaq settled flat with technology stocks turning in a subdued performance. Investors remained optimistic that Donald Trumps policies such as tax reductions and deregulation will help boost corporate earnings. The volume of...
Japan will on Tuesday see October numbers for its M2 money stock, highlighting a light day for Asia-Pacific economic activity. M2 is expected to rise 1.5 percent on year, up from 1.3 percent in September. Australia will see October results for the surveys of business confidence and conditions from National Australia Bank, as well as...
The U.S. dollar gained in strength against its major counterparts on Monday, ahead of some crucial economic data, including readings on U.S. inflation readings, and Fed speeches. Data on U.S. retail sales and industrial production U.S. reports on consumer and producer prices, retail sales and industrial production due later in the week may provide further...
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets are nervous as they seek clarity on U.S. President-elect Donald Trumps policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for directional cues. Asian markets closed mostly lower on...
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump. Markets are nervous as they seek clarity on U.S. President-elect Donald Trumps policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for...
Australias business confidence strengthened notably in October on improvements across all industries except construction and retail, survey data from NAB showed on Tuesday. The business confidence index rose to +5 from -2 in September. At the same time, the business conditions index was unchanged at 7 in October. Trading conditions edged up one point to...
Asian stocks retreated on Monday as Beijings latest stimulus fell short of investor expectations and weak inflation data dampened hopes for a significant recovery in the worlds second largest economy. Concerns over U.S. dollar strength and international trade relationships also weighed on regional markets as the Republican Party edged closer to sweeping both chambers of...