Bay Street Likely To Open Flat Or With Slightly Negative Bias

RTTNews | 616 hari yang lalu

(RTTNews) - Canadian shares may open flat or with a slightly negative bias on Thursday, tracking weak crude oil prices and amid concerns about potential imposition of new tariffs by the Trump Administration.

Preliminary data on Canadian retail sales for the month of December, and final data for the month of November are due at 8:30 AM ET.

Retail sales likely remained unchanged from the previous month in November, according to flash estimate, following a 0.6% increase in October.

K92 Mining Inc. (KNT.TO) today released a production outlook of 160,000 to 185,000 ounces gold equivalent for 2025, an increase from the record 149,515 ounces produced last year.

Aurora Cannabis Inc. (ACB.TO) announced that it has launched its first German-cultivated medical cannabis product, under the brand IndiMed, which will be manufactured at its EU-GMP facility in Leuna, Germany.

The Canadian market closed higher on Wednesday, extending its winning streak to a seventh straight session, lifted by gains in technology and industrials sectors.

Tech stocks had a good session, tracking a fine performance by the Nasdaq on Wall Street after Netflix reported strong earnings and sales in the latest quarter, and U.S. President Donald Trump announced a private sector investment of up to $500 billion to fund artificial intelligence infrastructure.

Concerns about tariff threats by Trump limited market's upside.

The benchmark S&P/TSX Composite Index closed up 29.87 points or 0.12% at 25,311.50.

Asian stocks turned in a mixed performance on Thursday despite China announcing a slew of measures to stabilize its stock markets.

Traders awaited key announcements on tariffs from the Trump administration and policy decisions from several major central banks in the coming weeks.

European stocks were flat to slightly higher on Thursday after China rolled out a basket of measures to funnel capital into the country's stock markets.

Amid much uncertainty over the impact of U.S. President Donald Trump's proposed tariffs on several countries, traders looked ahead to his keynote address at the World Economic Forum in Davos, Switzerland, later in the session for further direction.

In commodities, West Texas Intermediate Crude oil futures are up $0.36 or about 0.48% at $75.80 a barrel.

Gold futures are down $13.80 or 0.5% at $2,757.10 an ounce, while Silver futures are lower by $0.405 or 1.29% at $31.015 an ounce.

baca selengkapnya

TSX Remains In Negative Territory; Tech, Energy Stocks Climb Higher

Canadian stocks languish in negative territory on Thursday, tracking a sell-off in global markets due to rising oil prices and elevated bond yields.

RTTNews | 1 jam 50 menit yang lalu

Swiss Market Ends Sharply Lower

The Switzerland market ended sharply lower on Thursday, like most of the markets across Europe, as higher bond yields and rising oil prices continued to hurt sentiment, prompting investors to exit counters. Data showing an acceleration in Swiss consumer price inflation in September hurt as well.

RTTNews | 2 jam 24 menit yang lalu

European Markets Slide To Multi-Month Lows Amid Energy, Yield Surge

European equities declined sharply Thursday amid rising oil prices and bond yields. The FTSE 100 fell 1.68%, DAX dropped over 1%, and CAC 40 lost 1.6%. Brent crude climbed to $101.50, up 3.5%. Regional inflation concerns raised monetary tightening prospects.

RTTNews | 2 jam 50 menit yang lalu

U.S. Construction Spending Unexpectedly Increases In August

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

RTTNews | 5 jam 26 menit yang lalu

U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

RTTNews | 5 jam 32 menit yang lalu

U.S. Jobless Claims Unexpectedly Edge Down To 197,000

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

RTTNews | 7 jam 4 menit yang lalu

Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Shares of Accenture plc were climbing around 18 percent in pre-market activity on the NYSE after the Irish professional services company reported Thursday strong growth in fourth-quarter earnings, revenues and bookings, with improved performance in all industry groups and regions. Further, the firm issued positive outlook for first quarter and fiscal 2027.

RTTNews | 7 jam 7 menit yang lalu

Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

European equities declined sharply Thursday amid weak UK housing data and softer French manufacturing reports. Despite easing US inflation concerns, investors remained reluctant to add stock positions. Oil prices climbed on Middle East tensions, with Brent crude reaching $100.79 per barrel.

RTTNews | 7 jam 17 menit yang lalu

EURUSD	1.12439	GBPUSD	1.31993
USDJPY	158.074	USDCAD	1.42285