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Dollar Tree Shares Up On Q4 Earnings Beat, Sale Of Family Dollar For $1.01 Bln
Shares of Dollar Tree, Inc. were gaining around 4 percent in the pre-market activity on the Nasdaq, after the discount retail chain on Wednesday reported fourth-quarter adjusted earnings above market estimates with higher same-store net sales. The company also issued first quarter and fiscal 2025 outlook. Separately, Dollar Tree, after a thorough review of strategic alternatives, announced...
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FTSE 100 Up Marginally After Inflation Data
U.K. stocks are up marginally a little past noon on Wednesday, outperforming other major European markets, thanks to data showing a smaller than expected increase in the nation's consumer prices in the month of February.
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CAC 40 Remains Weak Despite Coming Off Early Lows
French stocks are down in negative territory on Wednesday as investors assess the impact of impending reciprocal tariffs from U.S. President Donald Trump that are set to take effect next week.
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DAX Moderately Lower In Cautious Trade
German stocks are down firmly in negative territory in late morning trades on Wednesday as worries about the impact of impending U.S. tariffs weigh on sentiment.
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Sensex Falls Over 700 Points; Nifty Ends Below 23,500
Indian shares fell sharply on Wednesday as caution set in ahead of the April 2 U.S. tariff deadline.
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Pound Falls As U.K. Inflation Cools; Markets Focus On U.K. Spring Statement
The British pound weakened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation softened unexpectedly in February.
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French Consumer Confidence Weakens
French consumer sentiment weakened in March largely due to the deterioration in households' view about future financial situation, monthly survey data from the statistical office INSEE showed on Wednesday. The consumer confidence index fell unexpectedly to 92 in March from 93 in February. The reading was expected to rise to 94.
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Berita lainnya
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
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UK Inflation Cools To 2.8%
UK inflation softened unexpectedly in February on lower clothing costs, data from the Office for National Statistics showed on Wednesday. The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent. Core inflation that excludes prices of energy, food, alcohol and tobacco, was 3.5 percent.
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European Shares Mostly Lower As US Tariff Deadline Looms
European stocks were mostly lower on Wednesday ahead of a looming deadline for implementing additional U.S. tariffs.
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Asian Shares Follow Wall Street Higher
Asian stocks ended mostly higher on Wednesday even as deteriorating U.S. consumer confidence in the face of tariff fears coincided with economists' forecasts suggesting a risk of stagflation and rising odds of recession.
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Commodity Currencies Advance Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as investors risk-on mood increased amid optimism about earlier interest rate cuts by the U.S. Fed after U.S. consumer confidence deteriorated by more than expected in the month of March. Traders are also optimistic about some tariff exemptions by the U.S. administration as they seek greater clarity on the next round of tariffs.
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Canadian Dollar Rises Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
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