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Dollar Struggles For Direction Ahead Of Key Economic Data
The U.S. dollar moved higher in the New York session on Tuesday but gave up gains and struggled for direction with investors digesting a mixed batch of economic data, and looked ahead for more for clues on the Federal Reserve's monetary policy move next week.
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vor 4Std 36 Minuten
Swiss Market Ends Notably Lower
Save for a few minutes at the start, the Switzerland market remained in negative territory on Tuesday as investors reacted to a slew of earnings updates, and looked ahead to some key economic data from the U.S.
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vor 7Std 55 Minuten
European Stocks Close Lower As Investors Digest Results, Eye Fresh Economic Data
European stocks closed lower on Tuesday with investors digesting a slew of earnings reports from European and U.S. companies, and looking ahead to some crucial economic data due later in the week.
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vor 8Std 11 Minuten
Pound Advances Ahead Of Budget
The pound climbed against its major counterparts in the New York session on Tuesday ahead of the budget announcement due on Wednesday.
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vor 9Std 2 Minuten
U.S. Job Openings Decrease To 7.44 Million In September
The Labor Department released a report on Tuesday showing a decrease by job openings in the U.S. in the month of September.
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vor 11Std 19 Minuten
U.S. Consumer Confidence Improves Much More Than Expected In October
A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of October. The Conference Board said its consumer confidence index surged to 108.7 in October after tumbling to a revised 99.2 in September. Economists had expected the consumer confidence index to inch up to 99.1 from the 98.7 originally reported for the previous month.
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vor 11Std 27 Minuten
Xerox Shares Hit On Cautious Outlook After Q3 Miss Street
Shares of Xerox Holdings Corp. were plunging around 21 percent in the early morning trading on the Nasdaq, as the workplace technology company trimmed its fiscal 2024 margin and revenue forecast, after reporting a hefty loss in its third quarter, compared to prior year's profit, with weak revenues. Adjusted earnings and top line missed market estimates.
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vor 11Std 35 Minuten
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Novartis Lifts FY24 Outlook After Q3 Beats Market; But Stock Down
Swiss drug major Novartis AG on Tuesday raised its core operating income and sales guidance for fiscal 2024 after reporting significantly higher profit in its third quarter, driven by sales growth in key drugs. The third-quarter core earnings and topline beat market estimates. Meanwhile, the shares were losing around 3 percent in the Swiss trading as well as in early morning trading on the NYSE.
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vor 12Std 9 Minuten
UK Mortgage Approvals At 25-Month High
UK mortgage approvals increased to the highest level in more than two years in September suggesting renewed confidence in the housing market, official data revealed Tuesday. Mortgage approvals for house purchases, an indicator of future borrowing, rose by 700 to 65,600 in September, the Bank of England reported. This was the highest since August 2022.
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vor 13Std 19 Minuten
Bay Street Seen Opening Higher On Firm Commodities
Canadian shares are likely to open on a positive note Tuesday morning, tracking higher crude oil and metal prices. Investors will also be reacting to earnings news from a slew of top name U.S. companies, including Alphabet.
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vor 13Std 33 Minuten
Sensex, Nifty Extend Gains For Second Day; Auto And Pharma Stocks Decline
Indian shares recovered from an early slide to end modestly higher on Tuesday.
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vor 15Std 8 Minuten
German Consumer Confidence Improves Despite Deteriorating Economic Expectations
Consumer sentiment in Germany is set to rebound in November to its highest level in over two-and-a-half-years as both income expectations and the willingness to buy showed back-to-back improvements though economic expectations continued to weaken, the closely watched survey showed on Tuesday. The forward-looking consumer sentiment index rose to -18.3 in November from -21.0 in October.
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vor 15Std 20 Minuten
Starbucks Threatens To Fire Staff If Not Returning To Office
Coffee giant Starbucks Corp. has warned to fire corporate staff if they don't adhere to the policy of return to office three days a week, Bloomberg reported, citing an email. The company plans to launch a standardized process in January to hold employees accountable, if they don't obey the return-to-office policy, and the consequences could include, up to, and including, separation.
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vor 15Std 39 Minuten
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