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Canadian Market Slips Amid Tech Selloff, Telus Loss Warning

Canadian Market Slips Amid Tech Selloff, Telus Loss Warning

Canada's benchmark S&P/TSX Composite Index declined 165.81 points to 35,339.91 Friday as technology, materials, and communications stocks dropped sharply. Telus reported a C$1.83 bln second-quarter net loss versus a C$245 mln loss year-ago, weighing on the communications sector.
RTTNews | vor 13Std 58 Minuten
U.S. Consumer Sentiment Improves More Than Previously Estimated In July

U.S. Consumer Sentiment Improves More Than Previously Estimated In July

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved more than previously estimated in the month of July. The University of Michigan said its consumer sentiment index for July was upwardly revised to 55.2 from a preliminary reading of 54.4. Economists had expected the index to be downwardly revised to 54.2.
RTTNews | vor 15Std 22 Minuten
Chicago Business Barometer Unexpectedly Indicates Slightly Faster Growth In July

Chicago Business Barometer Unexpectedly Indicates Slightly Faster Growth In July

Chicago-area business activity unexpectedly increased at a slightly faster rate in the month of July, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer rose to 57.6 in July from 56.7 in June, with a reading above 50 indicating growth. Economists had expected the index to edge down to 56.0.
RTTNews | vor 15Std 49 Minuten
German Unemployment Rate Rises

German Unemployment Rate Rises

Germany's unemployment increased unexpectedly in July, official data showed Friday. The unemployment rate rose to 6.4 percent in July from 6.3 percent in June, the Federal Employment Agency reported. The rate was expected to remain unchanged at 6.3 percent.
RTTNews | vor 17Std 3 Minuten
Bank Of Japan Holds Key Rate Steady As Expected

Bank Of Japan Holds Key Rate Steady As Expected

The Bank of Japan maintained its key interest rate on Friday after a quarter-point hike in June but the governor signaled a possible rate hike in September and the bank assessed that the underlying inflation could overshoot the target. The BoJ policy board voted 8-1 to retain the interest rate at 1.00 percent. The bank had raised its benchmark rate by 25 basis points in June.
RTTNews | vor 17Std 26 Minuten
Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Higher Canadian and U.S. futures amid some fairly encouraging corporate earnings news point to a positive start for stocks on Bay Street on Friday. Investors will also be reacting to Canadian GDP data.
RTTNews | vor 17Std 28 Minuten
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Colgate-Palmolive Lifts FY26 Adj. Earnings View, Despite Weak Q2 Profit; Stock Down

Colgate-Palmolive Lifts FY26 Adj. Earnings View, Despite Weak Q2 Profit; Stock Down

Consumer products major Colgate-Palmolive Co., while reporting weak profit in its second quarter despite higher net sales, on Friday confirmed fiscal 2026 outlook for earnings and sales growth. However, the firm lifted guidance for Base Business earnings per share as well as gross profit margin. In pre-market activity on the NYSE, the shares were losing around 2.78 percent.
RTTNews | vor 17Std 47 Minuten
Mining And Finance Stocks Drive FTSE 100 To Record High

Mining And Finance Stocks Drive FTSE 100 To Record High

U.K.'s FTSE 100 benchmark climbed to a record high Friday as mining and financial stocks led gains. The index advanced 0.31%, with Natwest Group posting 5.5% gains on earnings that topped year-ago levels by 29.7%.
RTTNews | vor 18Std 26 Minuten
CAC 40 Hits 5-Month High On Earnings, Easing AI Fears

CAC 40 Hits 5-Month High On Earnings, Easing AI Fears

France's CAC 40 benchmark reached a 5-month high Friday, gaining 1.02% to 8,571.83 points as positive earnings updates offset Middle East tension concerns. Saint-Gobain surged 9% after confirming 2026 outlook, while Engie climbed 5% following better-than-expected first-half results.
RTTNews | vor 18Std 56 Minuten
Indian Shares Extend Gains For Third Day

Indian Shares Extend Gains For Third Day

Indian shares rose for a third straight session on Friday, even as overall gains remained capped as IT stocks faced selling pressure after recent gains following a rebound in global AI and semiconductor stocks.
RTTNews | vor 19Std 21 Minuten

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