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TSX Down Slightly As Investors React To Earnings
Canadian stocks are turning in a mixed performance on Thursday with investors focusing on corporate earnings news and continuing to assess the potential impact of the ongoing Middle East conflict on global economic growth.
The benchmark S&P/TSX Composite Index was down 35.20 points or 0.1% at 36,626.94 a little while ago.
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27 days ago
SMI Edges Higher; Switzerland Producer Prices Drop Again
The Swiss market closed marginally higher Thursday as the SMI settled at 14,475.13, up 0.18%. Producer and import prices fell 0.1% in July following a 0.3% June decline, defying forecasts for a 0.2% increase.
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27 days ago
European Markets Close Weak On U.S.-Iran Tensions
European markets closed weak on Thursday as concerns about U.S.-Iran conflict and continued uncertainty over the reopening of the Strait of Hormuz rendered the mood cautious. Lower oil prices and easing concerns about interest rates helped limit markets' downside.
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27 days ago
U.S. Producer Prices Unexpectedly Flat In July, Annual Growth Slows To 4.7%
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly came in flat in the month of July. The Labor Department said its producer price index for final demand was unchanged in July after edging down by a revised 0.1 percent in June.
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27 days ago
U.S. Jobless Claims Climb More Than Expected To 209,000
First-time claims for U.S. unemployment benefits climbed by more than expected in the week ended August 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 209,000, an increase of 9,000 from the previous week's revised level of 200,000. Economists had expected jobless claims to inch up to 203,000.
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27 days ago
Canadian Stocks Likely To Open On Mixed Note
Canadian stocks are seen turning in a mixed performance on Thursday with investors mostly reacting to earnings announcements. Weak commodity prices may trigger some selling in energy and materials sectors. A lack of progress in Middle East peace efforts could weigh as well.
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27 days ago
U.S. Producer Prices Unexpectedly Unchanged In July
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly came in flat in the month of July.
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27 days ago
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U.S. Weekly Jobless Claims Climb More Than Expected
First-time claims for U.S. unemployment benefits climbed by more than expected in the week ended August 8th, according to a report released by the Labor Department on Thursday.
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27 days ago
UK Q2 GDP Expands 0.4% On Household Spending, Investment
The UK economy grew 0.4% in Q2 as household consumption and gross fixed capital formation drove expansion. Household spending rose 0.3% while business investment climbed 1.7%. Government spending declined 0.3%, the Office for National Statistics reported.
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27 days ago
Indian Shares End Mixed After Choppy Session
Indian shares cut early losses to end mixed on Thursday. Investors heaved a sigh of relief as cooling U.S. inflation prompted bets the Federal Reserve would leave its policy rate unchanged at its September meeting.
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27 days ago
FTSE 100 Down 0.27% On Mining Losses; U.K. GDP On Track
The FTSE 100 fell 28.71 points to 10,803.54 on Thursday, pressured by losses in mining and energy sectors despite easing Fed rate concerns. U.K. GDP grew 0.4% quarterly and 1.2% annually, meeting expectations.
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27 days ago
Gold Slips From Two-month High On Profit Taking
Gold prices inched lower on Thursday, after having surged to a two-month high earlier on signs of cooling U.S. inflation and increased bets the Federal Reserve would leave its policy rate unchanged at its September meeting.
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27 days ago
Oil Prices Retreat On Demand Concerns
Oil prices retreated from recent highs on Thursday amid expectations of weaker global demand this year.
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27 days ago
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