07282016Thu
Last update: Thu, 28 Jul 2016 07pm

Americas

Markets - Equity - Americas

Sterling gains as Brexit campaigning suspended NEW YORK: Sterling advanced on Thursday as campaigning for Britain's vote on whether to leave the European Union was suspended following the murder of a British lawmaker, while US stocks cut losses. British Member of Parliament Jo Cox, who was shot dead in the street in her constituency in northern England earlier in the day, had been a vocal supporter of Britain remaining within the EU. Whether Britain will leave the European Union, dubbed "Brexit," is an issue that will be decided in a referendum next week and could undermine decades of European integration and stoke global economic uncertainty."Certainly, people are talking about the possibility that this does influence the Brexit vote in favor of remain. It is a tragic event all around.There is a sense, there is an immediate emotional reaction, but there is still a week before the referendum itself" on June 23, said Alan Ruskin, global co-head ...

Markets - Equity - Americas

US stocks rise ahead of Fed decision NEW YORK: Wall Street stocks rose early Wednesday ahead of a Federal Reserve policy announcement that will offer a fresh assessment of whether the US economy remains solid.Fed watchers see almost no chance the US central bank will hike interest rates today. But Chair Janet Yellen could offer reassurances that a weak May jobs report does not hearken an economic slowdown. Yellen's comments will be analyzed as to whether they leave the door open to ...

Markets - Equity - Americas

TSX rises, led by gains for financials and materials TORONTO: Canada's main stock index rose on Wednesday, led by the financial and materials groups, while lower oil prices weighed on energy stocks. The Toronto Stock Exchange's S&P/TSX composite index was up 20.85 points, or 0.15 percent, at 13,905.08. Seven of the index's 10 main groups were higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX barely lower as banks fall, oil stocks rise TORONTO: Canada's main stock index fell on Tuesday as financial stocks pulled back ahead of Britain's vote on whether to leave the European Union, but shares of energy companies rebounded despite oil prices continuing to slip. The heavyweight financials group slipped 0.5 percent as worries about a potential British exit saw investors push yields on German government debt into below zero for the first time. Opinion polls show growing support for Britain to leave the ...

Markets - Equity - Americas

TSX seesaws as higher energy offsets losses for mining stocks TORONTO: Canada's main stock index seesawed on Tuesday as energy stocks advanced, offsetting losses for mining and financial stocks. The Toronto Stock Exchange's S&P/TSX composite index rose 1.22 points, or 0.01 percent, to 13,995.10, shortly after the open. Six of the index's 10 main groups were higher.Copyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks open lower amid broad market caution NEW YORK: US stocks opened broadly lower Tuesday as investors moved to safety amid rising support in Britain for splitting from the European Union and ahead of a Federal Reserve policy meeting.Earlier the yield on one of Europe's safest sovereign bonds, the 10-year German bund, fell below zero for the first time, reflecting broad worries over the global economy and a possible British referendum vote against EU membership on June 23."Risk aversion is the order ...

Markets - Equity - Americas

TSX falls as falling oil and global worries weigh TORONTO: Canada's main stock index fell in early trade on Monday as energy shares pulled back with oil, and investors fretted about the possibility of Britain voting to leave the European Union. The Toronto Stock Exchange's S&P/TSX composite index was down 39.44 points, or 0.28 percent, at 13,998.10 shortly after the open. Eight of its 10 main groups were lower. Copyright Reuters, 2016 ...