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Berita Valas
TSX Pares Early Losses As Tech Stocks Rally
After a flat start and a subsequent notable drop, the Canadian market recovered gradually and was down just marginally about a couple of hours past noon on Thursday. Technology stocks moved higher, in line with the tech rally across the globe after Nvidia's upbeat earnings and guidance.
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2 days ago
Swiss Market Ends Notably Lower
The Switzerland stock market ended lower on Thursday, in line with markets across Europe, as lingering concerns about geopolitical tensions and fears of possible interest rate hikes by the Federal Reserve rendered the mood cautious.
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2 days ago
European Stocks Decline Amid Fed Rate Hike Bets, Geopolitical Tensions
European equities fell Thursday as inflation concerns boosted Fed rate hike expectations, while geopolitical tensions and uncertainty over central bank policy weighed on sentiment. Nvidia's strong earnings supported tech stocks, but most sectors struggled.
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2 days ago
Australian Dollar Rises Amid RBA Rate Hike Prospects
The Australian dollar strengthened against other major currencies in the European session on Thursday, as markets increased hawkish Reserve Bank of Australia (RBA) wagers, following the release of the hotter-than-expected Australian Consumer Price Index (CPI) report for July.
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2 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the European session on Thursday.
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2 days ago
U.S. Jobless Claims Unexpectedly Dip To 203,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decline in first-time claims for U.S. unemployment benefits in the week ended August 22nd. The Labor Department said initial jobless claims dipped to 203,000, a decrease of 4,000 from the previous week's revised level of 207,000.
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2 days ago
Bay Street May Open With Slightly Positive Bias
Canadian stocks may open with slightly positive bias on Thursday with investors reacting to bank earnings and tracking commodity prices. Worries about geopolitical tensions and uncertainty about Fed interest rates may weigh on sentiment and limit market's upside.
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3 days ago
more news
U.S. Weekly Jobless Claims Unexpectedly Decrease
A report released by the Labor Department on Thursday unexpectedly showed a modest decline in first-time claims for U.S. unemployment benefits in the week ended August 22nd.
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3 days ago
FTSE 100 Drifts Lower In Cautious Trade
U.K. stocks shed ground on Thursday, weighed down by losses in the mining and energy sectors. Despite upbeat earnings and guidance from U.S. chip maker Nvidia, the mood in the market remained quite cautious amid lingering concerns about geopolitical tensions and uncertainty about Fed interest rates.
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3 days ago
Hormel Foods Q3 Profit Declines On Weak Volume; Revises FY26 Outlook
Branded food company Hormel Foods Corp. (HRL), while reporting weak profit and net sales in its third quarter with lower volume, on Thursday announced a revision in fiscal 2026 outlook. Earnings, on a reported basis, and net sales have been lowered from previous estimate, while it raised the lower end of adjusted earnings view.
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3 days ago
CAC 40 Declines Amid Fitch Rating Review, Political Uncertainty
The CAC 40 fell 98.11 points on Thursday due to caution ahead of Fitch's sovereign rating assessment and French political concerns. Geopolitical tensions and Fed rate uncertainty also pressured markets as producer inflation rebounded.
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3 days ago
Indian Shares Extend Losses For Second Day
Indian shares fell for a second consecutive session on Thursday as investors assessed the Federal Reserve's rate path and awaited more clarity on a revenue-sharing deal between Iran and Oman for the Strait of Hormuz.
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3 days ago
German DAX Climbs On Tech Strength As Inflation Fuels Rate Hike Odds
Germany's DAX benchmark rose marginally Thursday as selective buying supported the market despite geopolitical concerns and Fed rate uncertainty. Infineon Technologies surged 4.3% following Nvidia's strong earnings, while a U.S. inflation report increased odds of a Fed rate hike by year-end.
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3 days ago
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