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European Stocks Snap Losing Streak, Settle On Firm Note

European Stocks Snap Losing Streak, Settle On Firm Note

The major European markets snapped a five-day losing streak on Thursday as stronger than expected third-quarter earnings and fourth-quarter guidance from U.S. chipmaker Nvidia helped ease concerns about tech valuations and prompted investors to pick up stocks.
RTTNews | 298 days ago
Eurozone Consumer Confidence Stable In November

Eurozone Consumer Confidence Stable In November

Consumer confidence in the euro area was unchanged in November after improving steadily in the previous two months, preliminary survey data from the European Commission showed Thursday.
RTTNews | 299 days ago
U.S. Existing Home Sales Jump To Eight-Month High In October

U.S. Existing Home Sales Jump To Eight-Month High In October

Partly reflecting strength in the Midwest, the National Association of Realtors released a report on Thursday showing existing home sales in the U.S. increased by much more than expected in the month of October. NAR said existing home sales shot up by 1.2 percent to an annual rate of 4.10 million in October after jumping by 1.3 percent to a downwardly revised rate of 4.05 million in September.
RTTNews | 299 days ago
Philly Fed Index Rebounds But Remains Negative In November

Philly Fed Index Rebounds But Remains Negative In November

After reporting a steep drop by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released on report on Thursday showing the index rebounded in November but remained in negative territory. The Philly Fed said its diffusion index for current general activity jumped to a negative 1.7 in November.
RTTNews | 299 days ago
U.S. Jobless Claims Dip Slightly More Than Expected To 220,000

U.S. Jobless Claims Dip Slightly More Than Expected To 220,000

First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended November 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 220,000, a decrease of 8,000 from the previous week's level of 228,000. Economists had expected jobless claims to edge down to 223,000.
RTTNews | 299 days ago
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U.S. Employment Jumps By 119,000 Jobs In September, Much More Than Expected

U.S. Employment Jumps By 119,000 Jobs In September, Much More Than Expected

A long-delayed report released by the Labor Department on Thursday showed employment in the U.S. increased by much more than expected in the month of September. The Labor Department said non-farm payroll employment jumped by 119,000 jobs in September after a revised dip of 4,000 jobs in August. Economists had expected employment to rise by 50,000 jobs.
RTTNews | 299 days ago
Philly Fed Index Rebounds More Than Expected In November

Philly Fed Index Rebounds More Than Expected In November

After reporting a steep drop by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of Philadelphia released on report on Thursday showing the index rebounded in November but remained in negative territory.
RTTNews | 299 days ago
U.S. Weekly Jobless Claims Dip More Than Expected

U.S. Weekly Jobless Claims Dip More Than Expected

First-time claims for U.S. unemployment benefits fell by more than expected in the week ended November 15th, according to a report released by the Labor Department on Thursday.
RTTNews | 299 days ago
Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Canadian stocks are likely to open on a positive note on Thursday, tracking gains in global markets following U.S. chipmaker NVIDIA reporting a sharp surge in third-quarter earnings, and raising its outlook for the fourth quarter.
RTTNews | 299 days ago
FTSE Modestly Higher; Halma, Games Workshop Soar On Earnings Updates

FTSE Modestly Higher; Halma, Games Workshop Soar On Earnings Updates

The UK stock market's benchmark FTSE 100 index is up in positive territory around noon on Thursday, snapping a five-day losing streak, as concerns about tech valuations have eased a bit after U.S. AI-major Nvidia reported better than expected earnings and raised its revenue guidance.
RTTNews | 299 days ago

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