05062016Fri
Last update: Fri, 06 May 2016 04am

Americas

Markets - Equity - Americas

TSX falls as growth concerns, reduced oil sands production weigh TORONTO: Canada's main stock index fell on Wednesday as US and Canadian data added to concerns about the growth outlook and a wildfire reduced production in the country's oil sands region. US private sector job growth slowed in April to its weakest in three years, while Canada's trade deficit widened in March to a record C$3.41 billion as exports sank for a second month on weak demand from the crucial US market. The most influential movers on the index included Bank of Nova Scotia, which fell 1.1 percent to C$62.73, and Royal Bank of Canada which fell 0.8 percent to C$75.60. The overall financials group fell 0.7 percent. The energy group retreated 1 percent after a wildfire reduced production in Canada's oil sands region. However, the reduction helped push US crude prices up 0.7 percent to $43.97 a barrel, tempering losses for energy stocks.The materials group, which includes precious and ...

Markets - Equity - Americas

US stocks falter on weak April hiring data NEW YORK: Wall Street stocks opened lower Wednesday as disappointing private-sector hiring figures for April added to worries the US economy is slowing.US companies added 156,000 jobs last month, about 40,000 less than analysts had expected, and down from 194,000 in March, said payrolls group ADP.The report comes on the heels of data last week that showed sluggish US growth in the first quarter. Analysts expect the Department of Labor will report Friday a slowdown ...

Markets - Equity - Americas

US stocks falter on weak April hiring data NEW YORK: Wall Street stocks retreated early Wednesday as disappointing private-sector hiring figures for April added to worries the US economy is slowing.US companies added 156,000 jobs last month, about 40,000 less than analysts had expected, and down from 194,000 in March, said payrolls group ADP.The report comes on the heels of data last week that showed sluggish US growth in the first quarter. Analysts expect the Department of Labor will report Friday a slowdown ...

Markets - Equity - Americas

Weak China data, European banks hit US stocks NEW YORK: Wall Street stocks tumbled early Tuesday, taking cues from international equity markets that retreated on weak Chinese manufacturing data and generally poor European bank earnings.Chinese factory activity fell by 0.3 point to 49.4 in April, according to the private Caixin survey of purchasing managers, further below the 50 level that separates growth from contraction.European bank shares were mostly lower following disappointing results from German titan Commerzbank and Swiss lender UBS. US names such ...

Markets - Equity - Americas

TSX falls as lower oil weighs on energy stocks TORONTO: Canada's main stock index fell on Tuesday as lower oil prices weighed on energy stocks, while financial sector stocks also lost ground. The Toronto Stock Exchange's S&P/TSX composite index was down 105.19 points, or 0.76 percent, at 13,760.44, shortly after the open. Eight of the index's 10 main groups were lower. Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX falls as lower oil weighs on energy; telecoms rise TORONTO: Canada's main stock index fell on Monday as lower oil prices weighed on energy stocks, offsetting a jump in the shares of Manitoba Telecom Services Inc on news of the company's acquisition by BCE Inc. The most influential movers on the index included Suncor Energy Inc, which fell 2.4 percent to C$35.94, and Canadian Natural Resources Ltd, which declined 1.5 percent to C$37.10. The overall energy group retreated 1.8 percent. Crude prices fell as ...

Markets - Equity - Americas

US stocks search for direction ahead of data deluge NEW YORK: Wall Street stocks searched for direction early Monday at the kickoff of a week heavy with big US economic releases that includes April jobs and car sales data.The Dow and S&P 500 were slightly positive, while the Nasdaq fell into the red due to weakness in Apple and some other key tech shares.Key questions include whether US employment gains remained above the psychologically important 200,000 level of monthly jobs growth and whether lackluster ...