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Oil Surge, ECB Rate Hike Weigh On European Market Sentiment

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.
RTTNews | 2h 9min ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025

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.
RTTNews | 4h 54min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

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.
RTTNews | 5h 16min ago
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U.S. Jobless Claims Unexpectedly Edge Down To 206,000

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.
RTTNews | 5h 37min ago
Macy's Stock Drops On Cautious Q3 View, Despite Positive Q2 Results, Raised FY26 Outlook

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.
RTTNews | 7h 12min ago
Lower Open Likely On Bay Street

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.
RTTNews | 7h 17min ago
FTSE 100 Down 0.31% As Oil Surge Stokes Rate-Hike Worries

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.
RTTNews | 8h 27min ago

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