Berita Valas

Growth Surprise Lifts FTSE 100

The FTSE 100 benchmark of the London Stock Exchange rallied on Thursday amidst positive sentiment generated by the better-than-expected GDP reading.

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U.S. Retail Sales Climb Much More Than Expected In September

The Commerce Department released a report on Thursday showing retail sales in the U.S. increased by much more than expected in in the month of September.

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U.S. Producer Prices Jump Much More Than Expected In September

Following yesterday's report on consumer price inflation, the Labor Department released a separate report on Thursday showing producer prices in the U.S. shot up by much more than expected in the month of September.

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U.S. Weekly Jobless Claims Inch Up To 199,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged slightly higher in the week ended October 10th.

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CAC 40 Outperforms Broader Markets

The CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris rallied on Thursday. The outperformance came despite a weak sentiment in global markets attributed to the selloff in tech stocks, high interest rates and worries about inflation.

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UK Economy Logs Better-Than-Expected Growth

The UK economy expanded marginally in August defying expectations of a moderate contraction, as growth in industrial production offset the fall in construction. Gross domestic product grew 0.1 percent in August from the last month, the Office for National Statistics said Thursday. Although this was weaker than the 0.4 percent growth seen in July, the rate came in contrast to the expected fall o

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Ericsson Q3 Profit Drops, Sales Rise; Simplifies Operating Structure; Stock Gains

Swedish telecom major LM Ericsson reported Thursday sharply lower profit in its third quarter, hurt mainly by the absence of prior year's significant divestment gain. Revenues, however, grew from last year, primarily with higher sales in Networks. Following the news, shares of Ericsson were gaining around 11 percent in Sweden, and around 12 percent in the pre-market activity on the Nasdaq.

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Berita lainnya

Eurozone Industrial Output Drops For Third Month

The euro area industrial production declined for the third straight month in August, suggesting that harsh weather and rising energy prices weighed on industrial activity. Industrial output dropped 0.5 percent on a monthly basis in August, which was bigger than the 0.3 percent fall posted in July, data from Eurostat showed Thursday.

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