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TSX Climbs To New Record High, Up Nearly 1% At Noon
The Canadian market remained firmly placed in positive territory around noon on Friday thanks to strong gains in materials, energy and technology sectors. Optimism about more monetary easing by the Federal Reserve helped underpin sentiment.
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247 days ago
U.S. Consumer Sentiment Improves Slightly More Than Expected In January
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved by slightly more than expected in the month of January. The University of Michigan said its consumer sentiment index rose to 54.0 in January after climbing to 52.9 in December. Economists had expected the index to inch up to 53.5.
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247 days ago
U.S. Housing Starts Come In Well Below Estimates In October
New residential construction in the U.S. saw a steep drop in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts plunged by 4.6 percent to an annual rate of 1.246 million in October after jumping by 1.2 percent to an annual rate of 1.306 million in September.
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247 days ago
U.S. Job Growth Falls Short Of Estimates In December, Unemployment Rate Dips
The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by less than expected in the month of December. The report said non-farm payroll employment rose by 50,000 jobs in December after climbing by a downwardly revised 56,000 jobs in November. Economists had expected employment to rise by 60,000 jobs.
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247 days ago
U.S. Housing Starts Plunge 4.6% In October
New residential construction in the U.S. saw a steep drop in the month of October, according to a report released by the Commerce Department on Friday.
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247 days ago
U.S. Employment Rises Less Than Expected In December
The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by less than expected in the month of December.
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247 days ago
Bay Street Seen Opening Higher
Higher U.S. and Canadian futures and rising metal and oil prices indicate a positive start for stocks on Bay Street on Friday.
The jobs data from Canada and the U.S. may significantly impact investor sentiment, as the reports will provide additional clues on the economic outlook and the path for interest rates in the two nations.
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247 days ago
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FTSE 100 Advances As Energy, Mining Stocks Climb Higher
After showing weakness in the previous two sessions, U.K. stock market's benchmark index FTSE 100 climbed higher Friday morning, riding on strong gains in energy and mining sectors.
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247 days ago
CAC 40 Notably Higher Ahead Of U.S. Jobs Data
France's equity benchmark CAC 40 has moved higher in cautious trading on Friday as investors await the crucial U.S. non-farm payroll data that could provide some clued about the Federal Reserve's interest rate decision at its upcoming monetary policy meeting.
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247 days ago
GM Sees $7.1 Bln Charges In Q4 On EV Pullback, China JV Restructuring
General Motors has announced that its fourth-quarter results will reflect around $7.1 billion charges, mainly related to its pullback from electric vehicles or EVs amid the changes in U.S. policies, as well as restructuring costs related to China joint venture. The company expects to record charges of around $6.0 billion primarily in GM North America or GMNA primarily due to changes in EV...
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247 days ago
DAX Up Marginally; Fresenius Medical Care Rises On Buy-back Announcement
German stocks gained marginal ground in positive territory Friday morning. Data showing an unexpected growth in the nation's industrial output in the month of November aided sentiment. Investors remained a bit cautious, looking ahead to U.S. non-farm payroll data, due later in the day.
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247 days ago
German Industrial Output Rises Unexpectedly; Exports Fall
Germany's industrial production grew unexpectedly in November, while exports registered its biggest fall since May 2024, official data revealed on Friday. Industrial output climbed 0.8 percent month-on-month in November, Destatis reported. Although it was weaker than the 2.0 percent increase in October, the increase confounded economists' forecast of 0.6 percent fall.
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247 days ago
Indian Shares Extend Losses For Fifth Day
Indian shares fell notably on Friday to extend losses for a fifth consecutive session on heightened risk aversion due to geopolitical tensions, tariff-related concerns and continued foreign portfolio outflows.
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247 days ago
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