The Indonesia stock market on Friday ended the two-day slide in which it had plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just beneath the 7,290-point plateau and it may add to its winnings on Monday. The global forecast for the Asian markets is mixed as countries weigh the results...
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,465-point plateau and it may see mild upside on...
A report released by the Labor Department on Thursday showed a modest rebound by first-time claims for U.S. unemployment benefits in the week ended November 2nd. The Labor Department said initial jobless claims crept up to 221,000, an increase of 3,000 from the previous weeks revised level of 218,000. Economists had expected jobless claims to...
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected. The Labor Department said labor productivity shot up by 2.2 percent in the third quarter after surging by a...
The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. fell by slightly more than expected in the month of September. The report said wholesale inventories slipped by 0.2 percent in September after rising by 0.2 percent in August. Economists had expected wholesale inventories to edge down by 0.1 percent. The...
The Canadian market is up in positive territory a little past noon on Thursday, with stocks from technology and real estate sectors turning in a fine performance. Consumer discretionary, financials and materials stocks are also finding good support. The mood remains positive with the outcome of the U.S. Presidential election continuing to aid sentiment. Investors,...
European stocks closed higher on Thursday as an interest rate cut by the Bank of England (BoE), and some encouraging earnings updates and economic data helped underpin sentiment. Investors looked ahead to the Federal Reserves monetary policy announcement, due later in the day. The Bank of England reduced its benchmark rate for the second time...
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, after the US Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates. Asian markets ended mixed on...
Indian shares were moving in a narrow range on Friday despite positive cues from global markets after the Federal Reserve and the Bank of England cut interest rates as expected. The benchmark S&P/BSE Sensex was little changed at 79,492, recouping some earlier losses. The broader NSE Nifty index was down 19 points at 24,180. Lupin,...
European stocks may edge higher at open on Friday as investors await details of Chinas forthcoming stimulus at the conclusion of a week-long session of Chinas top legislative body, the National Peoples Congress (NPC) Standing Committee, later in the day. Possible measures may include support for local government debt and consumer spending. The U.S. economic...