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NEWS dpa_afx

BoJ Tankan Survey Due On Wednesday

CANBERA (dpa-AFX) - The Bank of Japan will on Monday release its quarterly Toankan Survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.The large manufacturers index is expected to show a score of +16, down from +17 in the previous three months. The outlook is se…

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Economy
dpa_afx

Ford Recalls Over 741,000 Vehicles In The U.S. Due To Rollaway Concerns

DEARBORN (dpa-AFX) - Ford Motor Co. (F) is recalling 741,195 vehicles in the U.S. because of a transmission issue that might keep some cars from staying in the park position, which raises the risk of rollaway accidents, as stated by the U.S. National Highway Traffic Safety Administration (NHTSA).Th…

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Stocks US
dpa_afx

Tesla Crashes Into California Café, Killing 79-Year-Old Pedestrian

WASHINGTON (dpa-AFX) - A tragic accident occurred on Monday afternoon in Simi Valley, California, where a 79-year-old woman lost her life after a Tesla car crashed into the outdoor seating area of an Urbane Cafe located at a Target shopping center.This incident happened around 2:30 p.m. near the in…

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Stocks US
dpa_afx

AWS Launches $1 Bln AI Engineering Unit To Speed Enterprise AI Adoption

SEATTLE (dpa-AFX) - Amazon Web Services (AMZN) just rolled out a new Forward Deployed Engineering (FDE) team backed by a hefty $1 billion investment. The goal being to help customers quickly build and deploy AI systems as more businesses are on the lookout for outside expertise to speed up AI adopt…

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ETFsStocks US
dpa_afx

Constellation Brands Inc Q1 Income Climbs

WASHINGTON (dpa-AFX) - Constellation Brands Inc (STZ-B) released a profit for its first quarter that Increases, from the same period last yearThe company's earnings came in at $653.8 million, or $3.79 per share. This compares with $516.1 million, or $2.90 per share, last year.Excluding items, Cons…

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Stocks US
dpa_afx

Nike Inc Q4 Profit Rises

WASHINGTON COUNTY (dpa-AFX) - Nike Inc (NKE) reported a profit for its fourth quarter that Increased, from the same period last yearThe company's bottom line came in at $1.06 billion, or $0.72 per share. This compares with $211 million, or $0.14 per share, last year.The company's revenue for the p…

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Stocks US
dpa_afx

U.S. Dollar Ticks Higher Amid Ongoing Rate Hike Expectations, JOLTS Data Release

WASHINGTON (dpa-AFX) - The U.S. Dollar value ended roughly flat as expectations of a near-term interest hike by the U.S. Federal Reserve increase while data on job openings indicated a two-year-high indicating resilience in the economy. The increase in shipping traffic across the Strait of Hormuz l…

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EconomyForex
NEWS dpa_afx

Treasuries Move To The Downside Following Job Openings Data

WASHINGTON (dpa-AFX) - After ending yesterday's choppy session roughly flat, treasuries showed a notable move to the downside during trading on Tuesday.Bond prices moved steadily lower over the course of the session, closing firmly negative. As a result, the yield on the benchmark ten-year note, wh…

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BondsEconomy
dpa_afx

Crude Oil Plunges As More Ships Transit Across Strait Of Hormuz

WASHINGTON (dpa-AFX) - Partially offsetting the surge from yesterday's session, crude oil prices have plummeted on Tuesday as increasing tanker traffic across the Strait of Hormuz eased supply concerns while investors focused on the U.S.-Iran indirect talks in Qatar.WTI Crude Oil for August month d…

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Futures
NEWS dpa_afx

Monroe County Investigates Cyclospora Outbreak As US Cases Rise

WASHINGTON (dpa-AFX) - The Monroe County Health Department is investigating several cases of cyclosporiasis among residents. Meanwhile, health officials are working to determine whether the infections are linked to a common source of exposure.Cyclosporiasis is an intestinal illness caused by the pa…

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Stocks US
dpa_afx

Gold Slips Amid Fed Interest Rate Hike Expectations, JOLTS Data

WASHINGTON (dpa-AFX) - Extending the losses from yesterday's session, gold prices have ticked lower on Tuesday despite a slump in crude oil prices due to easing Middle East tensions as expectations of interest rate hikes by the U.S. Federal Reserve continue to grow.Front Month Comex Gold for August…

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Futures
dpa_afx

Swiss Market Fails To Hold Early Gains, Ends Weak

BRUSSELS (dpa-AFX) - Despite spending much of the day's trading session in positive territory, the Switzerland market closed on a weak note on Tuesday due to a sell-off at a few counters in the final hour.The benchmark SMI, which advanced to 14,287.62 around mid-afternoon, ended with a loss of 29.9…

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index
dpa_afx

European Stocks Close On Firm Note On Positive Regional Economic Data

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed on a firm note on Tuesday, riding on encouraging regional economic data and hopes the European Central Bank will not hike interest rates anytime soon. Renewed optimism surrounding Artificial Intelligence helped keep the mood positive.Inves…

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index

U.S. Stocks Moving Mostly Higher, Extending Yesterday's Rally

WASHINGTON (dpa-AFX) - Stocks have moved mostly higher over the course of the trading day on Tuesday, extending the strong upward move seen in the previous session. The major averages have all moved to the upside, with the tech-heavy Nasdaq leading the charge.Currently, the major averages are just…

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indexStocks US
NEWS dpa_afx

Slovenia Inflation Remains Stable At 3.6%

BRUSSELS (dpa-AFX) - Slovenia's consumer price inflation held steady in June after accelerating in the previous two months, figures from the Statistical Office of the Republic of Slovenia showed on Tuesday.The consumer price index climbed 3.6 percent year-on-year in June, the same as in May, which…

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Economy
NEWS dpa_afx

Portugal Inflation Eases To 3.2% In June

BRUSSELS (dpa-AFX) - Portugal's consumer price inflation moderated slightly in June amid a reduction in fuel prices, preliminary data from Statistics Portugal showed on Tuesday.The consumer price index rose 3.2 percent annually in June, slower than the 3.3 percent increase in May.The annual price g…

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Economy
NEWS dpa_afx

U.S. Consumer Confidence Index Inches Slightly Higher In June

WASHINGTON (dpa-AFX) - A report released by the Conference Board on Tuesday showed a modest increase by its U.S. consumer confidence index in the month of June.The Conference Board said its consumer confidence index inched up to 91.2 in June from a downwardly revised 90.6 in May.Economists had expe…

dpa-AFX en
Economy
NEWS dpa_afx

Poland Inflation Eases To 4-month Low

WARSAW (dpa-AFX) - Poland's consumer price inflation eased further in June to the lowest in four months, preliminary data from Statistics Poland showed on Tuesday.The consumer price index climbed 2.5 percent year-over-year in June, slower than the 3.1 percent increase in May. Moreover, this was the…

dpa-AFX en
Economy