05012016Sun
Last update: Sun, 01 May 2016 09am

Americas

Markets - Equity - Americas

TSX falls as weak data weighs on financials TORONTO: Canada's main stock index lost ground on Tuesday as financial stocks weighed after the country's trade deficit unexpectedly jumped and exports slumped, while energy companies pulled back with oil prices near a one-month low.The most influential weights on the index were its heavyweight banks, with Royal Bank of Canada falling 0.7 percent to C$74.26 and Toronto-Dominion Bank off 0.8 percent to C$55.70.The overall financials group slipped 0.8 percent. Insurer Manulife Financial Corp declined 1.7 percent to C$17.69.Exports slumped by their most in nearly seven years in February, data showed, after hitting a record high in January.The energy group retreated 0.6 percent, as oil traded near one-month lows after a surprise fall in gasoline demand in the United States, the world's largest oil consumer.At 9:57 a.m. EDT (1357 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 60.18 points, or 0.45 percent, at 13,275.97.Seven of the index's 10 main ...

Markets - Equity - Americas

US stocks open lower as Allergan, Disney drop NEW YORK: US stocks fell early Tuesday with Disney falling on the surprise resignation of its expected next chief and drugmaker Allergan sinking on new US rules threatening its takeover by Pfizer.About 35 minutes into trade, the Dow Jones Industrial Average was at 17,680.03, down 56.97 points (0.32 percent).The broad-based S&P 500 fell 14.00 (0.68 percent) to 2,052.13, while the tech-rich Nasdaq Composite Index tumbled 29.82 (0.61 percent) to 4,861.97.Analysts described sentiment as fairly downcast ...

Markets - Equity - Americas

Brazil shares, currency down on political woes; Petrobras drops SAO PAULO: Brazil's stocks and currency underperformed most Latin American peers on Monday as traders worried that President Dilma Rousseff's efforts to fight impeachment could prolong the country's already year-long political crisis.Also pressuring shares of Petroleo Brasileiro SA was news the state-controlled oil company could cut fuel prices, reducing the indebted company's revenues.Petrobras, as the company is known, kept gasoline and diesel prices artificially low for years, but made up for some of those losses ...

Markets - Equity - Americas

US stocks end higher on jobs, manufacturing data NEW YORK: Wall Street stocks finished higher Friday, avoiding steep declines that hit overseas equity markets, following solid US jobs and manufacturing data.Near the closing bell, the Dow Jones Industrial Average stood at 17,794.60, up 109.51 points (0.62 percent). The broad-based S&P 500 rose 13.20 (0.64 percent) to 2,072.94, while the tech-rich Nasdaq Composite Index gained 44.69 (0.92 percent) at 4,914.54.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Americas

US stocks end higher on jobs, manufacturing data NEW YORK: Wall Street stocks finished higher Friday, avoiding steep declines that hit overseas equity markets, following solid US jobs and manufacturing data.The Dow Jones Industrial Average climbed 107.66 points (0.61 percent) to 17,792.75.The broad-based S&P 500 rose 13.04 (0.63 percent) to 2,072.78, while the tech-rich Nasdaq Composite Index gained 44.69 (0.92 percent) at 4,914.54.The Labor Department said the US economy added a better-than-expected 215,000 jobs in March in a report that also showed a ...

Markets - Equity - Americas

US stocks, dollar rise after solid US jobs data NEW YORK: The dollar rose and stocks on Wall Street edged up on Friday on better-than-expected US jobs and factory data, suggesting stronger corporate earnings ahead, but a gloomy manufacturing report in Japan knocked global equity markets lower. European shares pared losses and US stocks rose on reports that showed US employment increased solidly in March and manufacturing activity expanded last month for the first time in six months on a surge in new orders. ...

Markets - Equity - Americas

US stocks edge higher as 1st quarter winds down NEW YORK: Wall Street stocks rose slightly Thursday as investors prepared to close the books on a tumultuous quarter that saw stocks fall sharply before staging a rally.About 35 minutes into trade, the Dow Jones Industrial Average was at 17,718.99, up 2.33 points (0.01 percent). The broad-based S&P 500 edged up 0.14 (0.01 percent) to 2,064.09, while the tech-rich Nasdaq Composite Index rose 5.19 (0.11 percent) to 4,874.49.US stocks tumbled through the first six weeks ...