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Swiss Market Ends On Weak Note After Choppy Ride
Swiss stocks swung between gains and losses on Thursday as investors stayed largely cautious. Higher oil prices and concerns about geopolitical tensions weighed.
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57 minutes ago
Oil Surge, ECB Rate Hike Weigh On European Market Sentiment
European equities declined Thursday as the European Central Bank raised interest rates by 25 basis points to 2.5% and increased inflation forecasts. Brent crude surged over 5.5% to $107 per barrel, amplifying inflation concerns across the continent.
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1h 24min ago
U.S. Wholesale Inventories Jump 1.3% In July, In Line With Estimates
The Commerce Department released a report on Thursday showing a sharp increase in wholesale inventories in the U.S. in the month of July.
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2h 45min ago
ECB Raises Deposit Rate To 2.50% Amid Inflation Fears
The European Central Bank raised interest rates on Thursday, as expected, prompted by the fears of an inflation shock as energy prices surge amid the recent escalation of the Iran war.
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4h 5min ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025
A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
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4h 9min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates
Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
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4h 31min ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000
The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th. The report said initial jobless claims edged down to 206,000, a decrease of 1,000 from the previous week's revised level of 207,000.
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4h 52min ago
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Macy's Stock Drops On Cautious Q3 View, Despite Positive Q2 Results, Raised FY26 Outlook
Omni-channel fashion retailer Macy's, Inc., while reporting higher profit and comparable sales in its second quarter, on Thursday issued third-quarter forecast, expecting an adjusted loss and cautious comps. Further, the firm raised outlook for fiscal 2026. In pre-market activity on the NYSE, the shares were losing around 3.93 percent.
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6h 27min ago
U.S. Producer Prices Increase In Line With Estimates In August
Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday.
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6h 29min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th.
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6h 31min ago
Lower Open Likely On Bay Street
Canadian stocks look headed for a weak start on Thursday amid concerns about inflation and interest rates following oil's continued move up north.
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6h 32min ago
FTSE 100 Down 0.31% As Oil Surge Stokes Rate-Hike Worries
The U.K. benchmark FTSE 100 fell 32.70 points to 10,637.36 Thursday amid elevated oil prices and central bank monetary tightening worries. Associated British Foods dropped nearly 11% despite raising earnings guidance, hurt by negative Sugar division outlook.
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7h 42min ago
CAC 40 Edges Higher As ECB Rate Decision Looms
France's equity benchmark CAC 40 gained ground Thursday as market sentiment remained cautious ahead of the European Central Bank's monetary policy announcement. Brent crude futures rose 0.8% amid ongoing Middle East conflict concerns.
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8h 11min ago
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