08302016Tue
Last update: Tue, 30 Aug 2016 03pm

Americas

Markets - Equity - Americas

TSX rises as bumper jobs US report offsets weak domestic data TORONTO: Canada's main stock index rose in early trade on Friday, led by banks and railway stocks after a bumper US jobs report boosted oil prices and overshadowed dismal Canadian trade and jobs data. The Toronto Stock Exchange's S&P/TSX composite index was up 60.38 points, or 0.42 percent, at 14,589.16 shortly after the open.Copyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks rise on strong July jobs report NEW YORK: Wall Street stocks rose Friday after the Labor Department reported the US economy added a better-than-expected 255,000 jobs in July.That figure was well above analyst expectations for 185,000 jobs added. The report also upgraded the new job figures for May and June and showed a rise in average hourly pay."This was good economic data, replete with strong and relatively broad-based job growth, higher wage growth, and an increase in the average workweek," said ...

Markets - Equity - Americas

Wall St ends flat ahead of US jobs data NEW YORK: Wall Street stocks ended little changed on Thursday as investors were cautious ahead of Friday's US payrolls report.Based on the latest available data, the Dow Jones industrial average was down 2.54 points, or 0.01 percent, to 18,352.46, the S&P 500 gained 0.5 point, or 0.02 percent, to 2,164.29 and the Nasdaq Composite added 6.51 points, or 0.13 percent, to 5,166.25. -ReutersCopyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks tread water ahead of July jobs report NEW YORK: Wall Street stocks ended nearly flat Thursday ahead of a July jobs report that is expected to show slower employment growth in the United States compared with last month.Analysts expect the Labor Department report to show the US added 185,000 jobs in July, down from 287,000 in June.A strong report could offset concerns after last week's weak report on second-quarter economic growth, while a poor report likely would be seen as further dimming ...

Markets - Equity - Americas

TSX falls as Manulife, CP Rail weigh TORONTO: Canada's main stock index fell on Thursday as shares of insurer Manulife Financial Corp plunged after poor earnings and the exit of a major investor hurt Canadian Pacific Railway stock. Manulife, Canada's biggest life insurer, fell 5.5 percent to C$16.93 after its lower profit missed expectations and it warned of an impending charge while keeping its dividend steady.The heavyweight financials group slipped 0.8 percent. Canadian Pacific declined 3.7 percent to C$185.37, after billionaire investor ...

Markets - Equity - Americas

Latam stocks, currencies up after BoE rate cut SAO PAULO: Latin American stocks and currencies advanced on Thursday after the Bank of England unleashed sweeping measures to cushion the impact of Britain's decision to leave the European Union.The BoE reduced interest rates 25 basis points to 0.25 percent and said it would buy 60 billion pounds ($78.8 billion) in government bonds in newly printed money over the coming six months."The Bank of England also left the door open to doing more. Many expect ...

Markets - Equity - Americas

US stocks dip after Bank of England stimulus NEW YORK: Wall Street stocks dipped early Thursday as markets digested aggressive stimulus from the Bank of England ahead of the July US jobs report. The BoE slashed interest rates to a record low 0.25 percent and delivered a #170-billion ($227-billion, 200-billion-euro) stimulus package in the wake of the nation's June 23 vote to leave the European Union.British stocks rose 1.5 percent, while the pound declined.Jack Ablin, chief investment officer at BMO Private Bank, said ...