09252016Sun
Last update: Sun, 25 Sep 2016 08am

Americas

Markets - Equity - Americas

TSX rises as oil gain boosts energy stocks, banks rise TORONTO: Canada's main stock index rose on Monday as higher oil prices boosted the stocks of energy companies, while big banks also gained as investors bet that the US Federal Reserve will hold rates steady this week. The country's biggest banks were among the index's most influential gainers with Bank of Nova Scotia up 0.9 percent to C$70.56 and Toronto-Dominion Bank advancing 0.6 percent to C$57.53. Insurer Manulife Financial Corp added 1.3 percent to C$18.27 and the overall financials group gained 0.7 percent. At 9:54 a.m. EDT (1354 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 63.18 points, or 0.44 percent, to 14,513.87. Nine of the index's 10 main groups were in positive territory, with only consumer staples slipping. Advancers were outnumbering decliners by more than 4-to-1.The energy group climbed 0.8 percent as oil prices bounced back from multi-week lows, hauling up world stock markets and commodity-linked currencies, on ...

Markets - Equity - Americas

Dollar weakens, stocks gain before Fed meeting; oil up NEW YORK: The US dollar weakened and world stock indexes rose on Monday as investors expected the US Federal Reserve to leave interest rates unchanged this week, while oil prices bounced back from multi-week lows. US Treasuries yields dipped as traders booked profits ahead of this week's Fed policy meeting as well as the Bank of Japan's policy meeting. Weak recent US data has boosted bets that the Fed would skip a chance to raise ...

Markets - Equity - Americas

US stocks open higher ahead of Fed meeting NEW YORK: Wall Street stocks opened higher Monday ahead of highly-anticipated meetings of the Federal Reserve and the Bank of Japan.US stocks have been volatile so far in September as Fed officials have sent mixed signals on the likelihood of an imminent interest rate hike. Most analysts see little chance of an increase at the Fed meeting concluding Wednesday, but say a rate hike could come later in the year.There is also considerable interest in ...

Markets - Equity - Americas

US stocks open higher ahead of Fed meeting NEW YORK: Wall Street stocks opened higher Monday ahead of highly-anticipated meetings of the Federal Reserve and the Bank of Japan.US stocks have been volatile so far in September as Fed officials have sent mixed signals on the likelihood of an imminent interest rate hike. Most analysts see little chance of an increase at the Fed meeting concluding Wednesday, but say a rate hike could come later in the year.There is also considerable interest in ...

Markets - Equity - Americas

US, European stocks weighed down by banking woes NEW YORK: US and European stock markets retreated on Friday, as banking shares led by Deutsche Bank slumped on news US authorities were hunting down Germany's biggest lender over a record fine.Frankfurt's DAX 30 was the hardest hit, closing down 1.5 percent, while the Paris CAC 40 shed nearly 1.0 percent from Thursday.London's benchmark FTSE 100 index lost 0.3 percent, while the S&P 500 in the US shed 0.4 percent.The US Justice Department is seeking ...

Markets - Equity - Americas

US stocks finish volatile week on down note NEW YORK: Wall Street stocks ended a volatile week on a down note Friday, with weakness in energy, industrials and financials pushing the overall markets lower.Key factors behind the decline included a drop in oil prices and negative sentiment towards banks, in part because of the dimming odds for a Federal Reserve interest rate hike next week.Technology shares generally outperformed the broader market, with Amazon climbing 1.1 percent to $778.29 following an RBC Capital Markets ...

Markets - Equity - Americas

US stocks drop as banking, oil share retreat NEW YORK: Wall Street stocks dropped early Friday on weakness in banks and petroleum-linked equities, which fell on a retreat in oil prices.About 30 minutes into trade, the Dow Jones Industrial Average was at 18,133.01, down 0.4 percent.The broad-based S&P 500 shed 0.5 percent to 2,136.93, while the tech-rich Nasdaq Composite Index dropped 0.3 percent to 5,231.67.US shares of Deutsche Bank sank 9.0 percent on news that US authorities are seeking as much as $14 ...