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European Stocks Close Mostly Higher
European stocks closed higher on Thursday, reacting to the positive developments on the geopolitical front amid easing tensions between Israel and Iran, and on news about NATO increasing its defense spending target from 2% to 5% of GDP over the next ten years.
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U.S. Pending Home Sales Unexpectedly Rebound In May
The National Association of Realtors released a report on Thursday showing an unexpected rebound by pending home sales in the U.S. in the month of May. NAR said its pending home sales index jumped by 1.8 percent to 72.6 in May after tumbling by 6.1 percent to a revised 71.3 in April.
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U.S. Economy Shrinks More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed the U.S. economy shrank by more than previously estimated in the first quarter of 2025. The Commerce Department said real gross domestic product fell by 0.5 percent in the first quarter compared to the previously reported 0.2 percent dip. Economists had expected the decrease by GDP to be unrevised.
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U.S. Durable Goods Orders Soar 16.4% In May, Much More Than Expected
New orders for U.S. manufactured durable goods spiked by much more than expected in the month of May, according to a report released by the Commerce Department on Thursday. The report said durable goods orders soared by 16.4 percent in May after tumbling by a revised 6.6 percent in April.
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454 hari yang lalu
U.S. Weekly Jobless Claims Unexpectedly Dip To 236,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly fell in the week ended June 21st. The Labor Department said initial jobless claims dipped to 236,000, a decrease of 10,000 from the previous week's revised level of 246,000.
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Acuity Q3 Profit Weak, Adj. Profit Beats Street; Stock Gains
Shares of Acuity Inc. were gaining around 6 percent in the early morning trading on the NYSE after the industrial technology company's third-quarter profit beat market estimates with strong year-over-year growth in net sales. The third-quarter profit on a reported basis, meanwhile, was lower than last year, hit by a significant charge related to Lighting segment.
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Bay Street Likely To Open On Positive Note
Higher Canadian and U.S. futures and firm oil and metal prices point to a positive start for Canadian stocks on Thursday. However, a lack of significant positive triggers could cap market's upside.
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455 hari yang lalu
Berita lainnya
U.S. GDP Falls More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed the U.S. economy by more than previously estimated in the first quarter of 2025.
RTTNews
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455 hari yang lalu
U.S. Durable Goods Orders Soar Much More Than Expected In May
New orders for U.S. manufactured durable goods spiked by much more than expected in the month of May, according to a report released by the Commerce Department on Thursday.
RTTNews
|
455 hari yang lalu
U.S. Weekly Jobless Claims Fall To 236,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly fell in the week ended June 21st.
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455 hari yang lalu
FTSE 100 Rises 0.4%; 3i Group Climbs Nearly 5%
U.K. stocks are modestly higher in early afternoon trades on Thursday amid easing tensions about the conflict between Israel and Iran.
Positive reaction to NATO's decision to increase its defense spending target from 2% to 5% of GDP over the next ten years is contributing as well to market's positive move.
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455 hari yang lalu
CAC 40 Modestly Higher In Cautious Trade
French stocks are modestly higher about an hour past noon on Thursday, recovering from a mild setback earlier in the session. The mood is cautious with investors closely following the developments on the geopolitical front.
The tensions in the Middle East have eased a bit amid signs of a ceasefire between Israel and Iran.
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455 hari yang lalu
Yen Rises Amid BoJ Rate Hike Prospects
The Japanese yen strengthened against other major currencies in the European session on Thursday, as traders speculate that the Bank of Japan is likely to increase its interest rate in light of indications that inflation is broadening in Japan.
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455 hari yang lalu
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