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European Down For Second Straight Day
The major European markets finished under water again on Friday for a second straight session, opening firmly lower and then remaining in the red throughout the trading day to end at session lows.
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126 days ago
U.S. Wholesale Inventories Jump Slightly Less Than Expected In March
The Commerce Department released a report on Friday showing a sharp increase in U.S. wholesale inventories in the month of March. The report said wholesale inventories shot up by 1.3 percent in March after climbing by an upwardly revised 0.9 percent in February.
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126 days ago
U.S. Consumer Sentiment Index Dips To New Record Low In May
Consumer sentiment in the U.S. has deteriorated by more than anticipated in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 48.2 in May from 49.8 in April. Economists had expected the index to edge down to 49.3.
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126 days ago
U.S. Employment Jumps By 115,000 Jobs In April, Much More Than Expected
A closely watched report released by the Labor Department on Friday showed much stronger than expected U.S. job growth in the month of April. The Labor Department said non-farm payroll employment shot up by 115,000 jobs in April after surging by an upwardly revised 185,000 jobs in March. Economists had expected employment to climb by 63,000 jobs.
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126 days ago
FTSE 100 Weak As Middle East Tensions Weigh
Intensified geopolitical tensions amid an exchange of fire between the U.S. and Iran swayed market sentiment on Friday.
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126 days ago
CAC 40 Adds To Losses Amidst Fresh Middle East Tensions
Fresh attacks between the U.S. and Iran rattled investor sentiment on Friday, dragging down the CAC 40 benchmark further.
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126 days ago
U.S. Employment Jumps Much More Than Expected In April
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of April.
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126 days ago
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DAX Extends Losses Amidst Hormuz Flare-up
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange extended losses on Thursday amidst a fresh round of hostilities between the U.S. and Iran on the issue of transit through the Strait of Hormuz.
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126 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Friday.
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126 days ago
Indian Shares Retreat On Renewed US-Iran Tensions
Indian shares fell notably on Friday after Iran created a new agency to formalize its control over the Strait of Hormuz and activated its air defense systems, intensifying fears of a broader military crisis in the region.
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126 days ago
Gold Gains As Dollar Dips Ahead Of Jobs Report
Gold traded higher above $4,700 an ounce on Friday as the dollar index struggled around the 98 mark ahead of the U.S. jobs report due later in the day and the CPI report, scheduled for next Tuesday.
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126 days ago
Oil Prices Fluctuate Amid Renewed US-Iran Tensions
Oil prices ticked higher on Friday after the U.S. and Iran traded fire in the Strait of Hormuz and accused each other of carrying out attacks in the sharpest confrontation since the fragile U.S.-Iran ceasefire came into effect on April 7.
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126 days ago
European Shares Edge Lower In Cautious Trade
European stocks traded lower on Friday as escalating U.S.-Iran tensions curbed investors' appetite for riskier assets.
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126 days ago
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