* Wall Street indexes gain. * U.S. 10-year yields lower. By Chibuike Oguh. Global equities rose on Thursday after the U.S. House of Representatives passed a bill to raise the federal debt ceiling, while U.S. Treasury yields fell as data pointed to a cooling of the labor market that reduces the possibility of an interest rate hike by the Federal Reserve.
The euro recovered
from a two-month low Thursday after European Central Bank (ECB)
President Christine Lagarde said inflation remained too high and
further policy tightening was necessary.
Data ...
Futures for Canada's main stock index edged up on Thursday as hopes of a pause in U.S. rate hikes and passage of a bill on suspending the country's debt ceiling lifted investor sentiment globally. June futures on the S&P/TSX index were up 0.1% at 7:05 a.m. ET.
A look at the day ahead in U.S. and global markets from Mike Dolan. If the Federal Reserve does skip raising interest rates this month it's probably because it is as confused as everyone else about the health of the U.S. economy as June kicks off. Like a patient with a virus, incoming data appears to blow hot and cold at the same time.
A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve does skip raising interest rates this month it's probably because it is as confused as everyone else about the health of the U.S. economy as June kicks off. Like a patient with a virus, incoming data appears to blow hot and cold at the same time.
A look at the day ahead in European and global markets from Kevin Buckland. It's a volatile time for central bank watchers, when comments from one man can flip the script in a moment.
Global equities rose on Thursday after the U.S. House of Representatives passed a bill to raise the federal debt ceiling, while U.S. Treasury yields fell as data reflected a cooling labor market that reduces the possibility of an interest rate hike by the Federal Reserve.A bill that suspends the $31.4 trillion debt ceiling - and averts a catastrophic government default - sailed through the Hous...
The euro recovered from a two-month low Thursday after European Central Bank President Christine Lagarde said inflation remained too high and further policy tightening was necessary. Data showed on Thursday that inflation in the 20 nations sharing the euro eased to 6.1% in May from 7.0% in April, below expectations for 6.3% in a Reuters poll of economists.
The U.S. dollar retreated
from a more than two-month high on Wednesday after a Federal
Reserve official warned any decision by the central bank to hold
its benchmark overnight interest rate firm at ...
* US job openings unexpectedly rise in April. * Advance Auto Parts (AAP) slumps after forecast cut. * Nvidia (NVDA) down after Tuesday's record high. * Indexes down: Dow 0.35%, S&P 500 0.42%, Nasdaq 0.37% By Herbert Lash and Shreyashi Sanyal.
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