Eurozone private sector logged the strongest growth in ten months in March underpinned by the robust expansion in services activity though the manufacturing sector remained stuck in the contraction zone. The flash composite output index rose more-than-expected to 54.1 in March from 52.0 in February, survey results from S&P Global showed Friday. The expected score was 51.9.
Durable Goods Orders in the month of February might be a major economic announcement on Friday.
Early signs from the U.S. Futures Index suggest that Wall Street might open lower.
Investors keenly observe the geopolitical situations. Russia launched a series of armed assaults in Ukrainian cities...
AN2 Therapeutics Inc. (ANTX) currently trades around $10, having lost more than 50% from its all-time high of $23.58 reached last May.
UK retail sales grew at the fastest pace in four months in February on robust non-food stores sales even as high inflation eats into households' purchasing power, data from the Office for National Statistics showed Friday. British consumers' confidence strengthened to a one-year high in March driven by the rising willingness to buy and improved assessment about the overall economy.
European stocks fell for a second straight session on Friday, with banks coming under selling pressure once again on a Bloomberg report that Credit Suisse Group and UBS Group AG are among the banks under scrutiny in a U.S. Justice Department probe for potentially helping Russian oligarchs evade sanctions.
Miners...
Flash Purchasing Mangers' survey results from the euro area and the UK are due on Friday, headlining a light day for the European economic news. At 3.00 am ET, the Office for National Statistics is scheduled to issue UK retail sales for February. Sales are forecast to grow 0.2 percent on month, slower than the 0.5 percent increase in January.
European stocks may open on a cautious note Friday as economic uncertainties increase.
It is feared that the banking sector crisis in the U.S. and Europe may add to consumers' anxiety about future incomes and weigh on global growth.
Asian stocks were declining, with Chinese markets leading regional...
Kawasaki Motors has recalled about 33,100 engines sold on Ferris and SCAG riding lawn mowers due to risk of catching fire.
The company has recalled Kawasaki FT730V-EFI lawn mower engines. According to the Consumer Product Safety Commission, the high-pressure fuel line can get damaged by contact with...
Stocks moved sharply higher in early trading on Thursday but gave back ground over the course of the trading session. The major averages pulled back well off their best levels but recovered going into the close to end the day in positive territory.
After moving sharply higher early in the session, stocks have given back some ground over the course of the trading day on Thursday. The major averages have pulled back off their highs of the session but remain firmly positive.
The Pentagon has unveiled a comprehensive plan aimed at the welfare of U.S. military force and their families. The new six-point plan, announced by Secretary of Defense Lloyd Austin, addresses essential needs in education, childcare, parental leave, and career advancement. Austin said the Department of Defense is committed to working with Congress and other stakeholders to ensure the successfu
President Joe Biden will embark on a two-day visit of Canada Thursday. Biden, accompanied by First Lady Jill Biden, will be greeted by the Governor General of Canada, Mary Simon, when they arrive in capital Ottawa. Later in the evening, the President and First Lady will join Canadian Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau for a private gathering at their residence. Frid
Stocks have moved mostly higher in morning trading on Thursday, regaining ground following the sell-off seen late in the previous session. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the advance.
New home sales in the U.S. increased from a significantly downwardly revised level in the month of February, according to a report released by the Commerce Department on Thursday. The report said new home sales climbed by 1.1 percent to an annual rate of 640,000 in February after jumping by 1.8 percent to a downwardly revised rate of 633,000 in January.
The Bank of England hiked its key rate for the eleventh consecutive session on Thursday as an unexpected rise in inflation outweighed concerns about the recent banking sector turbulence. The nine-member Monetary Policy Committee decided to lift the bank rate by 25 basis points to 4.25 percent. This was the highest rate since 2008.